An Act relative to homeowners’ insurance
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill, H.1097, addresses homeowners’ insurance in Massachusetts. It seeks to establish a framework for reviewing and potentially regulating certain aspects of the industry, aiming to ensure affordability and accessibility for homeowners. The bill also directs a study to examine the current state of the homeowners’ insurance market and identify potential challenges. It intends to provide the legislature with information to inform future policy decisions related to this sector.
Key provisions
- Directs the Division of Insurance to review homeowners’ insurance practices.
- Requires a study of the current homeowners’ insurance market in Massachusetts.
- Seeks to ensure affordability and accessibility of homeowners’ insurance.
- Authorizes the Division of Insurance to investigate potential issues within the industry.
- Provides the legislature with data and analysis for policy development.
Who is affected
- Homeowners
- Insurance companies
- Massachusetts residents
- The Division of Insurance
Bill text
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Text extraction is in progress. View the official source.
Sponsors
Official sponsors from legislative records.
3 on record
Primary sponsor
Antonio F. D. Cabral
Cosponsors
Antonio F. D. Cabral
Arguments
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