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Rules Committee advances bipartisan task force bill to study rising property insurance costs
Summary
Senate File 2205, creating a multi-sector task force to study stabilization of Minnesota homeowners and property insurance markets, was approved by the Rules Committee and sent back to the housing committee for further work; the bill includes a climate-science seat and a report deadline.
Senate Report (Senator Port) presented Senate File 2205 on April 7, 2025, proposing a bipartisan task force to study ways to stabilize Minnesota’s homeowners and property insurance market. "Access to stable insurance coverage is critical foundation for strong resilient communities across our state," Senator Port said, noting spiraling insurance costs and their effects on property owners,…
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