California Issues Moratorium Following Boyles Fire

On October 4, 2024, the California Department of Insurance (CDI) issued Bulletin 2024-11to put in place a mandatory moratorium after a state of emergency was declared following the Boyles Fire.

The bulletin states that no admitted or non-admitted insurer should issue a notice of cancellation or nonrenewal for residential property insurance policies due to wildfire risk in the ZIP Codes provided. The moratorium will last one year, starting on September 29, 2024. If any insurers to which the moratorium applies have issued a notice of cancellation or nonrenewal due to wildfire risk since the declaration of a state of emergency on September 29, 2024, they must offer to rescind those notices.