Text to be removed highlighted in red.
1 New Subdivision; Reporting. Amend RSA 412 by inserting after section 14 the following new subdivision:
Reporting
412:14-a Reporting.
I. To promote awareness of and incentives for fortified homes and commercial property standards, and other mitigation and resiliency programs, the commissioner shall utilize, develop, or cause to be developed a report which shall be provided on a readily available basis to purchasers of personal property and commercial property risks insurance related to fortified home and commercial standards, and other mitigation and resiliency programs. The information may include references to available information on areas that may be at risk of price increases due to extreme precipitation, storm surge, coastal flooding, high winds, hurricanes, and hail. For the purposes of this section, the commissioner may consult RSA 483-B:22, FEMA flood maps, the National Flood Insurance Program, and any other available mapping that may include projected threats, including first street maps, the New Hampshire coastal viewer, and the department of environmental services coastal program, to determine areas of present and future risk to insurance coverage. Unless prohibited by law, the report may also include a summary of any information the commissioner may have received, provided by insurers, on the rate of premium cost increases in such areas. This report shall be made available by January 1, 2028, and in subsequent 5-year intervals. The commissioner may establish an advisory council to undertake these duties, under RSA 400-A:11, which may be authorized to seek grants, donations, and other sources of funding, or fees authorized under RSA 400:A-29, XVI.
II. For the purposes of this section, "fortified homes and commercial property standards, and other mitigation and resiliency programs" means measures taken to reduce loss due to extreme weather events such as precipitation events, storm surge, and coastal flooding, high winds, hurricanes, or hail.
III. The commissioner shall publish the report on the insurance department's website and ensure that the report is readily available to consumers in New Hampshire.
2 Effective Date. This act shall take effect January 1, 2027.
Text to be added highlighted in green.
1 New Subdivision; Reporting. Amend RSA 412 by inserting after section 14 the following new subdivision:
Reporting
412:14-a Reporting.
I. To promote awareness of and incentives for fortified homes and commercial property standards, and other mitigation and resiliency programs, the commissioner shall utilize, develop, or cause to be developed a report which shall be provided on a readily available basis to purchasers of personal property and commercial property risks insurance related to fortified home and commercial standards, and other mitigation and resiliency programs. The information may include references to available information on areas that may be at risk of price increases due to extreme precipitation, storm surge, coastal flooding, high winds, hurricanes, and hail. For the purposes of this section, the commissioner may consult RSA 483-B:22, FEMA flood maps, the National Flood Insurance Program, and any other available mapping that may include projected threats, including first street maps, the New Hampshire coastal viewer, and the department of environmental services coastal program, to determine areas of present and future risk to insurance coverage. Unless prohibited by law, the report may also include a summary of any information the commissioner may have received, provided by insurers, on the rate of premium cost increases in such areas. This report shall be made available by January 1, 2028, and in subsequent 5-year intervals. The commissioner may establish an advisory council to undertake these duties, under RSA 400-A:11, which may be authorized to seek grants, donations, and other sources of funding, or fees authorized under RSA 400:A-29, XVI.
II. For the purposes of this section, "fortified homes and commercial property standards, and other mitigation and resiliency programs" means measures taken to reduce loss due to extreme weather events such as precipitation events, storm surge, and coastal flooding, high winds, hurricanes, or hail.
III. The commissioner shall publish the report on the insurance department's website and ensure that the report is readily available to consumers in New Hampshire.
2 Effective Date. This act shall take effect January 1, 2027.