States / California / Bills
CA SB495

Insurance.

Passed Senate Benjamin Allen (D)
Plain English Summary

California Senate Bill 495, titled "Insurance," requires large insurance companies to submit annual reports detailing their reinsurance programs and the use of probabilistic catastrophic models. Specifically, insurers with over $50 million in written premiums from certain lines of insurance must provide this information to the Insurance Commissioner by March 1 each year, starting in 2026. ([legiscan.com](https://legiscan.com/CA/text/SB495/id/3269992?utm_source=openai))

Supporters Say

The bill has been positively received, with unanimous support in both the Senate and Assembly. It passed the Senate with a 28-6 vote and the Assembly with a 78-0 vote, indicating strong bipartisan support. ([legiscan.com](https://legiscan.com/CA/bill/SB495/2025?utm_source=openai))

Critics Say

No significant negative media coverage or opposition to the bill has been reported.

Legislative Votes
SB 495 Allen Senate Third Reading By Harabedian
A · Sep 13, 2025
Passed
78
YEA
0
NAY
Unfinished Business SB495 Allen et al. Concurrence
Senate · Sep 13, 2025
Passed
28
YEA
6
NAY
Unfinished Business SB495 Allen et al. Concurrence
Senate · Sep 12, 2025
Passed
28
YEA
6
NAY
Do pass
A · Aug 29, 2025
Passed
14
YEA
0
NAY
Do pass as amended and be re-referred to the Committee on [Appropriations]
A · Jul 15, 2025
Passed
12
YEA
0
NAY
Do pass as amended and be re-referred to the Committee on [Judiciary]
A · Jul 9, 2025
Passed
15
YEA
0
NAY
Senate 3rd Reading SB495 Allen
Senate · Jun 3, 2025
Passed
28
YEA
10
NAY
Do pass
Senate · May 23, 2025
Passed
5
YEA
1
NAY
Placed on suspense file
Senate · May 12, 2025
Passed
7
YEA
0
NAY
Do pass, but first be re-referred to the Committee on [Appropriations]
Senate · Apr 29, 2025
Passed
11
YEA
2
NAY
Do pass, but first be re-referred to the Committee on [Judiciary]
Senate · Apr 23, 2025
Passed
5
YEA
2
NAY

Source: LegiScan roll call vote data.

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About This Analysis

This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the California State Legislature. Conflict-of-interest analysis for this bill is coming soon.