Beginning January 1, 2026, prohibits an insurer of property, homeowner's, or renter's insurance from increasing the premium for a policyholder's insurance policy upon renewal unless the insurer submits a report to the policyholder and Insurance Commissioner and receives approval from the Insurance Commissioner. Establishes penalties. Sunsets 1/1/2029.
- Chamber
- Senate
- Introduced
- Jan 8, 2025
- Last action
- Jan 8, 2025 — Pending Introduction.
- Session
- 2026
- Momentum
- 28 · Low