Bill > AB75

This bill aims to regulate how insurance companies use aerial images of residential properties, requiring admitted insurers to notify policyholders about potential aerial imaging of their property. The bill mandates that insurers provide annual notice to policyholders, including a specific warning in 14-point bold font explaining that aerial images may be collected, and informing policyholders of their rights to request these images. The bill prohibits insurers from using aerial images older than 180 days (changed from an original 45-day limit) when making decisions to terminate insurance coverage, unless the conditions have been verified through an in-person physical inspection or alternative verification process. If an insurer decides to terminate coverage based on an aerial image, they must provide the image to the policyholder, give them an opportunity to dispute the image's accuracy, and allow them to remedy any identified issues before canceling the policy. The bill also specifies that policyholders can request an in-person physical inspection to verify the accuracy of the aerial images. Importantly, the legislation defines "aerial image" broadly as images or videos collected by aircraft or satellites, with or without direct human intervention, and aims to provide transparency and protection for property owners in the insurance underwriting process.

Budget and Finance, Business and Industry

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