S09281Introduced in the Senate
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 James Skoufis, District 42
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
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February 24, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
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Bill history
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