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Governor Newsom Signs Assemblymember Rodriguez’s AB 1781 to Strengthen California’s Insurance System

SACRAMENTO, CA — Assemblymember Michelle Rodriguez applauds Governor Gavin Newsom for signing Assembly Bill 1781, legislation designed to promote greater stability and certainty within California’s insurance system.

AB 1781 clarifies how agreements between insurers and Federal Home Loan Banks are treated when an insurance company enters insolvency. The law allows Federal Home Loan Banks to enforce...

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