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MA H1121
Bill
Status
Introduced
2/27/2025
Primary Sponsor
Mark Cusack
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AI Summary
- Commissioner of Insurance must conduct an investigation and study on the impact of property insurance premiums on non-profit organizations in Massachusetts
- Study must evaluate reasons for increasing property insurance premiums in the commonwealth
- Study must assess market availability of property insurers for nonprofit organizations, including those considered "high-risk"
- Commissioner must evaluate developing a commercial insurance policy clearinghouse as part of the Massachusetts FAIR Plan
- Findings and recommendations due to the Joint Committee on Financial Services and House and Senate Ways and Means committees by December 31, 2026
Legislative Description
Studying property insurance premiums on non-profit organizations
Last Action
Bill reported favorably by committee and referred to the committee on House Ways and Means
1/15/2026
Committee Referrals
Ways and Means1/15/2026
Financial Services2/27/2025
Full Bill Text
No bill text available