Hawaii SB1136 amends insurance regulations to require insurers to provide wildfire risk scores and classifications, establish procedures for appeals.

Hawaii SB1136 introduces several changes to insurance regulations, particularly concerning wildfire risk. Insurers must provide policyholders with wildfire risk scores or classifications and explain these scores in detail, including the impact on premiums and potential mitigation measures. Policyholders have the right to appeal these scores within specified timeframes. Additionally, the bill mandates that all newly issued or renewed homeowners insurance policies cover the replacement cost value of the insured property, effective January 1, 2026.

Hawaii SB1136 amends insurance regulations to require insurers to provide wildfire risk scores and classifications, establish procedures for appeals.

Hawaii SB1136 introduces several changes to insurance regulations, particularly concerning wildfire risk. Insurers must provide policyholders with wildfire risk scores or classifications and explain these scores in detail, including the impact on premiums and potential mitigation measures. Policyholders have the right to appeal these scores within specified timeframes. Additionally, the bill mandates that all newly issued or renewed homeowners insurance policies cover the replacement cost value of the insured property, effective January 1, 2026.