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Committee approves HB6897 to extend flex-rating sunset for personal risk filings
2366971 · February 20, 2025
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Summary
The committee voted to extend the sunset date for flex rating in personal risk insurance filings; the substitute language delays the sunset, with presenters describing consumer protections that remain in place.
The Insurance and Real Estate Committee voted to send HB6897, which extends the sunset date for flex rating in personal risk insurance rate filings, to the floor with substitute language.
Presenters said the substitute delays the current sunset for certain personal lines (home, auto, marine, umbrella) and described flex rating as a tool…
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