SB 2947: DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS; INSURANCE; INSURANCE COMMISSIONER; WILDFIRES; RISK SCORES; RISK MODELS; TRANSPARENCY; MITIGATION; REBATES; DISCOUNTS; CONSUMER NOTICE; APPEALS; REPORTS; APPROPRIATION

Requires residential property insurers to disclose wildfire risk scores upon request and at renewal, nonrenewal, and application.  Requires insurers using wildfire risk models, catastrophe models, or scoring methods to file model-use information with the Insurance Commissioner and incorporate property-level and community-level wildfire mitigation.  Requires insurers to provide mitigation discounts if property-level and community-level wildfire mitigations are not incorporated into risk models.  Establishes a standardized notice and an appeal process for wildfire risk scores and mitigation discounts.  Authorizes insurers to provide benefits or premium reductions for wildfire risk-preventative measures and clarifies treatment for midterm premium increases and anti-rebate laws.  Requires reports to the Legislature.  Appropriates funds.