CA| Bulletin 2026-3 announces that the California Department of Insurance has set a total principle-based reserving (PBR) life assessment of 3,078,000 dollars for FY 2025–26 and will invoice all life insurers licensed in California based on their 2024 California life premiums using specified tiers ranging from 147,500 dollars for insurers with at least 500 million dollars in premiums, down to no assessment for insurers with less than 50,000,001 dollars or between 400,000,001 and 500,000,000 dollars in premiums, with intermediate tier charges of 78,500, 59,000, 39,500, 19,500, and 10,000 dollars as premium volumes decrease.
California Sets 2025–26 PBR Life Assessment at 3.078M; New Premium-Based Tiers Announced for Insurers
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