Proposition 103 Recoupment Fee Assessment Fiscal Year 2024-25
In 1988, California voters passed Proposition 103 that, among other things, would reduce insurance rates and require insurers to obtain prior approval of automobile, homeowners and casualty insurance rates from the California Department of Insurance (CDI) before implementing rate changes.
Recoupment Fee
For a detailed explanation refer to the Fiscal Year (FY) 2024-25 Proposition 103 Recoupment Fee Assessment Exhibits. Notification pertaining to the Proposition 103 Recoupment Fee Assessment for FY 2024-25, and Attachment A—Proposition 103 Administration Fees, which provides the FY 2024-25 annual assessment for each company, are mailed to insurers. Attachment A—Proposition 103 Administration Fees is not available online.
Contact
Please contact BRMB@insurance.ca.gov to receive a duplicate copy of Attachment A—Proposition 103 Administration Fees, if needed.
Refer any questions regarding the Proposition 103 Recoupment Fee Assessment, CDI via email at BRMB@insurance.ca.gov.
To request information about consumer participation in the administrative process for setting insurance rates, please visit the CDI Proposition 103 Intervenor Process and Public Advisor page