Arizona HB2819 mandates residential property insurers to file underwriting guidelines and publish specific data on the Arizona Department of.

Arizona HB2819 requires residential property insurers to file their underwriting guidelines with the Arizona Department of Insurance. These guidelines must be actuarially justified, reasonable, and non-discriminatory. Insurers must update these guidelines whenever they change. Additionally, insurers must publish detailed data on the department's website, including premiums, insured numbers, denial reasons, claims paid, and more. This bill aims to increase transparency and accountability in residential property insurance underwriting practices.

Arizona HB2819 mandates residential property insurers to file underwriting guidelines and publish specific data on the Arizona Department of.

Arizona HB2819 requires residential property insurers to file their underwriting guidelines with the Arizona Department of Insurance. These guidelines must be actuarially justified, reasonable, and non-discriminatory. Insurers must update these guidelines whenever they change. Additionally, insurers must publish detailed data on the department's website, including premiums, insured numbers, denial reasons, claims paid, and more. This bill aims to increase transparency and accountability in residential property insurance underwriting practices.