California Insurance Code

§ 938

INS § 938 Effective Jan 1, 2024Div. 1 · Part 2 · Ch. 1 · Art. 10.9

Statute text

(a)The Department of Insurance shall implement specific data collections on the availability and affordability of insurance for heavy-duty trucks and truck fleets that utilize advanced fuels and related technologies to better understand emerging markets important to the State of California’s climate change goals, expand insurance options by establishing more robust data for consumers and insurers, and identify potential barriers to zero-emission technologies in the transportation sector. The focus of the data collections shall be zero-emission technologies that reduce greenhouse gas emissions and improve air quality when compared with conventional or fully commercialized alternatives, including those defined by the State Air Resources Board.

(b)The department shall issue a bulletin on or before February 1, 2024, to initiate the first data collection. Admitted insurers shall respond on or before May 1, 2024. Data collections shall include surveys and data calls from insurance companies licensed to write insurance through the admitted market. The surveys and data calls shall include, but are not limited to, all of the following information:

(1)Whether an insurance company offers insurance for zero-emission truck options.

…

Legislative history

Added by Stats. 2023, Ch. 347, Sec. 2. (AB 844) Effective January 1, 2024.