requiring the commissioner of the insurance department to prepare and publish a report regarding fortified home and commercial standards, and other mitigation and resiliency programs.

The document title changed from 'AS AMENDED BY THE SENATE' to 'VERSION ADOPTED BY BOTH BODIES,' reflecting that the bill completed its legislative process and was adopted by both chambers.

The original bill's modification to RSA 412:15 (rate standards) is entirely removed. This provision had required that 'due consideration' be given to fortified home and commercial standards when determining whether insurance rates comply with excessiveness, inadequacy, and unfair discrimination standards. It also required the commissioner to develop fortified home and commercial standards based on science-based national standards. The amended bill no longer touches rate-setting at all.

The original bill's new subparagraph (i) added to RSA 417:4 (Unfair Insurance Trade Practices) regarding 'place' or 'area of residence' is removed in the amendment.

The original bill's addition of a purpose statement to RSA 412:1 (promoting incentives for fortified home and commercial standards) is removed.

The types of insurance covered by the consumer report requirement were narrowed. The original covered 'homeowners, private passenger nonfleet automobile, or property insurance for personal, family, household needs, commercial property risks, and personal risks not otherwise specified herein.' The amended version covers only 'personal property and commercial property risks insurance,' removing automobile coverage.

The requirement for the commissioner to consult FEMA flood maps, first street maps, and other risk mapping was changed from mandatory ('shall consult') to permissive ('may consult').

The requirement that the report include references to areas at risk of 'insurance coverage loss or price increases' was weakened to 'may include references to areas at risk of price increases,' removing both the mandatory language and the reference to coverage loss.

A new requirement was added that the commissioner must publish the report on the insurance department's website and ensure it is readily available to consumers in New Hampshire.

The definition of fortified home and commercial standards was changed. The original defined it as programs 'as developed by the commissioner,' implying the commissioner would create specific standards. The amended version simply defines it as 'measures taken to reduce loss due to extreme weather events such as...' without requiring the commissioner to develop specific standards.

An effective date of January 1, 2027 was added. The original bill had no specified effective date.

The entire structure was reorganized from provisions scattered across five different statutory sections (RSA 412:1, 412:3, 412:4, 412:15, and 417:4) into a single new section (RSA 412:14-a).

The provision allowing the advisory council to seek funding from fees authorized under RSA 400:A-29, XVI was retained but now includes the qualifier 'Unless prohibited by law' before the summary of insurer-provided premium cost increase information.