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MT HB533
Bill
Status
5/8/2025
Primary Sponsor
Curtis Schomer
Click for details
AI Summary
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Requires admitted insurers using wildfire risk scores for residential property evaluation or rating to disclose the current score, range of possible scores, score creator, creation date, and key factors that adversely affected the score upon request
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Insureds, their insurance producers, or applicants for residential property insurance may request wildfire risk score information from insurers
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Insurers must provide the requested information in writing within 30 days of receiving the request
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Applies only to admitted insurers in Montana; nonadmitted insurers are exempt from these requirements
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Codifies these provisions as part of Title 33, chapter 16 of Montana law (insurance regulations)
Legislative Description
Revise insurance laws relating to wildfire and real property
Insurance
Last Action
Chapter Number Assigned
5/13/2025