A new California law imposes individual and aggregate attachment point requirements on stop-loss policies issued to small employers (50 employees or less; 100 employees or less beginning in 2016).  The individual attachment point must be at least $35,000 ($40,000 beginning in 2016).  The aggregate attachment point must be at least the greater of (1) $5,000 times the number of group members, (2) 120 percent of expected claims, or (3) $35,000 ($40,000 beginning in 2016).  The new law can be found here.