Indiana HB1261 regulates insurer use of aerial photography in nonrenewal decisions for property insurance.

Indiana HB1261 amends the state's insurance code to establish requirements for insurers using aerial images to aid in nonrenewal decisions for property insurance. Insurers must include specific information in nonrenewal notices, such as how insured parties can obtain aerial images and steps to reverse the nonrenewal decision. Insurers must also provide a process for insured parties to correct errors in their risk scores. The bill defines key terms and sets effective dates for the changes.

Indiana HB1261 regulates insurer use of aerial photography in nonrenewal decisions for property insurance.

Indiana HB1261 amends the state's insurance code to establish requirements for insurers using aerial images to aid in nonrenewal decisions for property insurance. Insurers must include specific information in nonrenewal notices, such as how insured parties can obtain aerial images and steps to reverse the nonrenewal decision. Insurers must also provide a process for insured parties to correct errors in their risk scores. The bill defines key terms and sets effective dates for the changes.