Bill > HB2277

This bill requires insurers in Washington to be more transparent about how they use wildfire risk scores and models when determining property insurance eligibility and premiums. Insurers must provide applicants and policyholders with their property's current wildfire risk score, the range of possible scores, who created the score, when it was created, and the key factors that contributed to it, along with steps consumers can take to improve their score. This information must be provided in plain language within 15 days of a coverage decision or with renewal, nonrenewal, or cancellation notices. Insurers must also provide revised scores within 30 days if a policyholder demonstrates they've taken property-specific or community-level mitigation actions to reduce wildfire risk. Furthermore, insurers must file their wildfire risk and catastrophe models, including actuarial justifications and how mitigation activities are accounted for, with the state insurance commissioner, though this information will be kept confidential as trade secrets. The bill also mandates that insurers incorporate property-specific and community-level mitigation actions into their models or offer discounts for such actions, and they must publicly post information about available discounts and the process for appealing wildfire risk scores on their websites.

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https://app.leg.wa.gov/billsummary?BillNumber=2277&Year=2025&Initiative=false