House passes bill requiring greater transparency from insurers on wildfire risk models
Lawmakers approved House Bill 11-82 to increase transparency about wildfire risk scores used by insurers, require disclosure of mitigation discounts and provide consumers access to model information; sponsors said the measure aims to help homeowners target mitigation and access insurance.
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The Colorado House passed House Bill 11-82 on March 19, a measure that directs insurers to disclose aspects of wildfire risk scoring and how mitigation measures affect underwriting and pricing.
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