Adds to existing law to establish provisions regarding transparency requirements for certain insurers.

This bill enhances transparency in homeowners’ insurance rate-setting and underwriting by requiring insurers to disclose wildfire risk models, scores, and justifications, and to make mitigation-related premium discounts publicly accessible. In response to rising premiums across the West attributed to wildfire risk, this legislation empowers consumers and communities with clear information about how risk is assessed and how specific property- and community-level mitigation actions can reduce both risk and cost. The bill also directs the Department of Insurance to collect Idaho-specific data and publish anonymized, aggregated insights to inform policymakers and the public, while protecting proprietary information. This bill promotes fair pricing, incentivizes mitigation, and strengthens market accountability.