Property Insurer Financial Strength Ratings

Summary

The bill would have the Office of Insurance Regulation prepare an annual report for legislative leaders and the governor that lists property insurers facing delinquency or similar actions, together with their independent financial‑strength ratings for the eight quarters before the action. It also would require the office to keep quarterly rating data and make it available on request. The aim is to give policymakers clearer insight into insurers’ financial health.

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