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Senate file 2205 would create a task force to study homeowner and commercial property insurance
Summary
Senate File 2205 would establish a statewide task force to study rising homeowner and commercial property insurance costs and availability. The committee adopted an authors' amendment and recommended the bill to pass and refer to the Committee on State and Local Government.
Senate File 2205 would create a statewide task force to investigate rising costs and availability of homeowner and commercial property insurance, including impacts on multifamily and nonprofit affordable housing.
Senator Port introduced the bill and moved an A2 author’s amendment; the committee adopted the amendment. Testimony came from nonprofit housing providers and climate and consumer advocates who described insurance…
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