Proposed S.B. No. 1016
Session Year 2025
AN ACT REQUIRING THE INSURANCE DEPARTMENT TO CONDUCT A STUDY OF CERTAIN HOMEOWNERS INSURANCE PRACTICES.
To require that the Insurance Department (1) conduct a study of homeowners insurance practices that require policyholders to make repairs or modifications to such policyholders' residential properties as a condition of granting or maintaining coverage, and (2) submit a report by January 1, 2026, on the findings of such study and provide recommendations to the joint standing committee of the General Assembly having cognizance of matters relating to insurance.
