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HomeMy WebLinkAboutCity Council Resolution 20-056 Support AB2167 & SB292RESOLUTION NO.20-056 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA IN SUPPORT OF ASSEMBLY BILL 2167 (DALY AND COOLEY) INSURANCE MARKET ACTION PLAN AND SENATE BILL 292 (RUBIO) WILDFIRE RISK MODELING AND MITIGATION WHEREAS, California has seen some of the most devastating wildfires in United States history in recent years and as a result an increasing number of insurers have opted to reduce their risk by decreasing the number of policy holders in areas that are at risk for wildfire as well as increasing rates; and WHEREAS, while California FAIR Plan will insure any property, many property owners prefer a private market alternative due to coverage options and cost; and WHEREAS, the City of Saratoga Wildfire Public Safety Task Force has reviewed Assembly Bill (AB) 2167 and determined that it would make it easier for insurers to write more insurance policies in high risk areas through the creation of the Insurance Market Action Plan that insurers would file with the Insurance Commissioner for eligible properties rates, a plan for maintaining insurer solvency, and mitigation requirements; and WHEREAS, the City of Saratoga Wildfire Public Safety Task Force reviewed Senate Bill (SB) 292 (a companion bill to AB 2167) and determined that SB 292 would support AB 2167 by providing guidelines and criteria for the mitigation required as part of Insurance Market Action Plan applications; and WHEREAS, the City of Saratoga Wildfire Public Safety Task Force has recommended that the City Council support both bills. NOW, THEREFORE BE IT RESOLVED, that the City Council of the City of Saratoga does hereby support AB 2167 (Daly and Cooley) and SB 292 (Rubio), which would provide homeowners in areas at risk for wildfire with more options for insurance coverage, encourages Saratoga community members to express their thoughts on this bill to their State representatives, and urges the California State Legislature to adopt and the Governor of California to sign these two bills into law. The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City Council held on the 19t' day of August 2020 by the following vote: AYES: Mayor Howard A. Miller, Vice Mayor Mary -Lynne Bemald, Council Members Yan Zhao, Rishi Kumar NOES: ABSENT: Howard A. Miller, Mayor AT ST: DATE: rl�'o 40?� EVb4"iYescifiielder, ity Clerk