Property Protection Classification Rating Study

The Office of the Insurance Commissioner (OIC) is seeking a contractor to review and evaluate the efficacy of current property protection classification rating methodologies and to study the feasibility of modernizing community property classification rating schedules. The contractor will be responsible for completing the following objectives: evaluating current property protection classification rating schedules, researching alternative methods, assessing the feasibility of deploying an alternative method, and engaging with interested and impacted parties. The contractor must provide status reports to the OIC at least every two weeks and submit a final report by May 1, 2026. • Evaluate current property protection classification rating schedule • Research alternative methods for property protection classification rating schedule • Assess feasibility of deploying an alternative method for property protection classification • Engage with interested and impacted parties • Provide status reports to OIC every two weeks • Submit final report by May 1, 2026