A11298Introduced in the Assembly
Requires rate filings for prior approval for commercial property insurance, commercial general liability insurance, and personal residential property insurance; requires insurers provide written explanations for premium increases in certain covered policies; requires certain insurers of homeowners' insurance to refile its homeowners' insurance rates and, in certain circumstances, be required to reduce rates.
Introduced by Larinda Hooks, District 35
What does this bill do?
Plain-English breakdown
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Official description
Requires rate filings for prior approval for commercial property insurance, commercial general liability insurance, and personal residential property insurance; requires insurers provide written explanations for premium increases in certain covered policies; requires certain insurers of homeowners' insurance to refile its homeowners' insurance rates and, in certain circumstances, be required to reduce rates.
Where it stands
referred to insurance
May 11, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
referred to insurance
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