HB 25-1182 CO

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Became Law

The act requires a property insurer that uses a wildfire risk model, a catastrophe model, or a scoring method to assign risk to: For the purposes of underwriting homeowners and other property insurance policies, adhere to specific requirements to share information with the commissioner of insurance (commissioner) and the public, include specific activities in the models, and provide notices to policyholders; Submit available data concerning the models and scoring method as required by rule of the commissioner to the division of insurance as part of the insurer's rate filings; and Ensure that specific factors are either incorporated in the wildfire risk model, catastrophe model, or combination of models or are otherwise demonstrably included in the insurer's underwriting and pricing. If an insurer does not incorporate property-specific and community-level mitigation actions into its models, the act requires the insurer to provide discounts to policyholders who demonstrate actions taken on the property to reduce the risk of loss. The act requires an insurer to post on its website information regarding premium savings that are available to policyholders who undertake property-specific mitigation actions or provide evidence of community-level mitigation actions and the process for appealing a wildfire risk score. The act requires an insurer that provides a mitigation discount or that uses a wildfire risk model or risk score to underwrite, nonrenew, price, create a rate differential, or surcharge the premium based upon the policyholder's or applicant's wildfire risk to provide an annual written notice to each policyholder or applicant for property insurance of the applicable mitigation discounts, the wildfire risk score, and any other wildfire risk classification used by the insurer to underwrite the policyholder's or applicant's wildfire risk. The insurer is required to provide the wildfire risk score or classification to the policyholder or applicant. The act authorizes the policyholder and applicant to appeal the score or classification directly to the insurer. The act authorizes the commissioner to adopt rules. (Note: This summary applies to this bill as enacted.)

• Brianna Titone Democratic · primary
• Kyle Brown Democratic · primary
• Lisa Cutter Democratic · primary
• Cleave Simpson Republican · primary

1. May 28, 2025 Governor Signed · executive
2. May 2, 2025 Sent to the Governor · executive
3. May 1, 2025 Signed by the President of the Senate · upper
4. May 1, 2025 Signed by the Speaker of the House · lower
5. Apr 11, 2025 House Considered Senate Amendments - Result was to Concur - Repass · lower
6. Apr 6, 2025 House Considered Senate Amendments - Result was to Laid Over Daily · lower
7. Apr 4, 2025 Senate Third Reading Passed - No Amendments · upper
8. Apr 3, 2025 Senate Second Reading Special Order - Passed with Amendments - Committee · upper
9. Apr 1, 2025 Senate Committee on Business, Labor, & Technology Refer Amended - Consent Calendar to Senate Committee of the Whole · upper
10. Mar 25, 2025 Introduced In Senate - Assigned to Business, Labor, & Technology · upper
11. Mar 20, 2025 House Third Reading Passed - No Amendments · lower
12. Mar 19, 2025 House Second Reading Special Order - Passed with Amendments - Committee, Floor · lower
13. Mar 18, 2025 House Second Reading Laid Over Daily - No Amendments · lower
14. Mar 13, 2025 House Committee on Business Affairs & Labor Refer Amended to House Committee of the Whole · lower
15. Feb 10, 2025 Introduced In House - Assigned to Business Affairs & Labor · lower