CAL.Regulation
California lets nonprofit housing developers join public-entity insurance pools
Governor Gavin Newsom signed SB 1170 on September 29, 2026. It amends Government Code section 990.8 to let nonprofit housing developers provide insurance through joint powers agreements and be coinsured under master policies alongside local public entities, with pooled self-insured claims not treated as insurance subject to Insurance Code regulation.
Enrolled text (California Legislative Information) → · Office of the Governor
Key points
- Nonprofit housing developers may join joint-powers insurance arrangements.California Legislative Information
- They may be coinsured under master policies with premiums prorated.California Legislative Information
- Pooled self-insurance is not subject to Insurance Code regulation.California Legislative Information
- Signed September 29, 2026 as part of California's housing and homelessness package.Office of the Governor
- Chapter 810, Statutes of 2026, amends Government Code section 990.8 and adds section 6525.5; participating public agencies must be indemnified.California Legislative Information
Sources2 articles across 2 outlets
California Legislative Information
Office of the Governor