AZ HB2819

Department of Insurance shall annually compile and publicly post on its website data for each residential property insurance company, including premiums, number of insureds by zip code, average premiums by zip code, and total premiums collected.

Insurance companies must disclose the number of insureds denied reinsurance coverage (including reasons), denied coverage by zip code, policies that lapsed, and claim payment statistics including appeals.

Residential property insurers must file their underwriting guidelines with the Department of Insurance and update filings whenever guidelines change, with group filings identifying which guidelines apply to each company.

Underwriting guidelines must be actuarially justified, reasonable, substantially commensurate with contemplated risk, and may not be unfairly discriminatory.

Public protection classification fire rating scores and corresponding premium rates must be published by zip code or designated area.