SB 1301: Residential property insurance: nonrenewals.

The bill aims to regulate residential property insurance in California. It requires insurers to provide a 90-day notice before nonrenewing or reducing policy limits. The notice must include the reason for nonrenewal or reduction. Insurers must give policyholders at least 90 days to take remedial action or provide additional information. They can extend this period by up to 180 days upon request. Insurers are prohibited from denying coverage based on certain claims, previous inquiries, or roof age under specific circumstances. The bill also requires insurers to submit annual reports detailing nonrenewals and reductions, which will be published online.