House Bill No. introduced by C. Schomer aims to enhance transparency for residential property insurance by requiring insurers that utilize a wildfire risk score to provide specific information upon request. The bill mandates that insurers disclose the current wildfire risk score, the range of possible scores, the creator of the score, the date it was established, and the key factors that negatively impacted the score. This information must be provided to the insured, their insurance producer, or applicants for residential property insurance coverage within 30 days of the request.

Additionally, the bill updates terminology related to the use of wildfire risk scores in the context of residential property evaluation and rating, replacing the term "underwriting" with "property evaluation." It also clarifies the definition of "wildfire risk score" to specify that it measures or assesses wildfire risk for residential properties. The bill is intended to be codified as part of Title 33, chapter 16 of Montana law, ensuring that these provisions are integrated into existing insurance regulations.