SB5419 modifies fire loss reporting requirements in Washington state.

SB5419 amends Washington state law to change the reporting requirements for insurers regarding fire losses. Insurers must now report fire losses to the state insurance commissioner within 30 days of closing a claim or any subsequent adjustment or investigation. The report must include details such as the property address, date of loss, amount paid on each coverage, and the suspected origin and cause of the loss. If an insurer suspects criminal activity, they must also report to local or tribal law enforcement and the insurance commissioner.

SB5419 modifies fire loss reporting requirements in Washington state.

SB5419 amends Washington state law to change the reporting requirements for insurers regarding fire losses. Insurers must now report fire losses to the state insurance commissioner within 30 days of closing a claim or any subsequent adjustment or investigation. The report must include details such as the property address, date of loss, amount paid on each coverage, and the suspected origin and cause of the loss. If an insurer suspects criminal activity, they must also report to local or tribal law enforcement and the insurance commissioner.