HB2174

Arizona HB2174 regulates modeling organizations by requiring them to file documents with the director before making predictive models available to.

Arizona HB2174 amends the state's insurance laws by adding requirements for modeling organizations. These organizations, which prepare predictive models used by insurers, must file specific documents with the director before making their models available. The required filings include the organization's constitution, charter, articles of organization, bylaws, and the types of insurance for which the models are prepared. The act also mandates that predictive models and related data remain confidential and exempt from subpoena.