Montana HB533 mandates insurers to disclose wildfire risk scores and related information to property owners.
Montana HB533 revises insurance laws to enhance transparency regarding wildfire risk scores. Insurers using such scores for underwriting or rating must provide property owners with specific information upon request. This includes the current wildfire risk score, the range of possible scores, the creator of the score, the creation date, and key factors affecting the score. Insurers must furnish this information in writing within 15 days of the request. The bill codifies these provisions as part of Montana's insurance laws.
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- Core Provisions
- Implementation
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- Legal Framework
- Critical Issues
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