This bulletin formally revokes Bulletin 2024-7 and implements the new Comprehensiveness Review Regulations, which took effect October 15, 2026. The regulation establishes a voluntary, transparent process for analyzing proposed insurance rates for personal and commercial lines prior to Prop. 103 approval, allowing consumers to see how Department experts analyze rate requests, challenge unsupported assumptions, and prevent overcharges. Insurers may choose the new Comprehensiveness Review process (via the PARA Portal) or continue with the legacy prior approval rate review process (with updated instructions). The November 10, 2026 FAQ submission deadline creates an immediate action item. Admitted P&C insurers subject to Prop. 103 must understand the new process, decide which review pathway to use, and submit any questions before the deadline.
CA: Rate Review Process Revocation (2026-9)
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