AL SB55

Authorizes the Commissioner of Insurance to create educational and informational programs and presentations for consumers regarding insurance and other matters regulated by the department.

Adds hurricanes and nonhurricane wind and hail to the list of perils for which homeowners insurers must annually report direct incurred losses and number of policies in force to the Department of Insurance.

Requires homeowners insurers to report peril-specific information by zip code and calendar year, organized under four categories: fire, nonhurricane wind/hail, hurricane, and all other perils.

Maintains existing Property Insurance Clarity Act requirements for insurers to submit annual data on incurred losses, policies in force, and earned premiums, with the department aggregating and posting this information by zip code on its website.

Becomes effective immediately upon passage and approval by the Governor.