H 1121
An Act studying property insurance premiums on non-profit organizations
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill directs the Massachusetts Commissioner of Insurance to conduct a study on the impact of property insurance premiums on non-profit organizations. The study will investigate the factors contributing to these premiums and assess their effect on the operations of non-profit entities. The goal is to understand and potentially address any challenges non-profits face in obtaining affordable property insurance coverage. This research will inform potential policy adjustments related to insurance rates for these organizations.
Key provisions
- Authorize the Commissioner of Insurance to conduct a study.
- Focus of the study: property insurance premiums on non-profit organizations.
- The study will assess the impact of premiums on non-profit operations.
- The study will investigate factors influencing premium costs.
- Findings from the study will inform potential policy changes.
Who is affected
- Non-profit organizations
- Massachusetts Commissioner of Insurance
- Insurance industry
Notable changes
- No current law is being directly changed by this bill; it initiates a study.
- The study’s findings may lead to adjustments in property insurance rates for non-profits.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Mark J. Cusack
Cosponsors
Bruce E. Tarr
James Arciero
John F. Keenan
Mark J. Cusack
Arguments in favor
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Bill H.1121 194th (Current)
An Act studying property insurance premiums on non-profit organizations
By Representative Cusack of Braintree, a petition (accompanied by bill, House, No. 1121) of Mark J. Cusack and others that the commissioner of insurance be authorized to conduct an investigation and study of the impact of property insurance premiums on non-profit organizations. Financial Services.
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Bill Information
Bill Information
Presenter: Mark J. Cusack Status: Referred to House Committee on Ways and Means
Tabs
Bill History Petitioners Committee Summary Hearing Attendance
Bill History
Displaying 7 actions for Bill H.1121
| Date | Branch | Action |
| 2/27/2025 | House | Referred to the committee on Financial Services |
| 2/27/2025 | Senate | Senate concurred |
| 10/27/2025 | Joint | Hearing scheduled for 11/04/2025 from 10:30 AM-01:30 PM in A-2 |
| 1/15/2026 | House | Accompanied a study order, see H4931 |
| 1/15/2026 | House | Reported from the committee on House Rules |
| 1/15/2026 | House | Reported on a part of H4931 |
| 1/15/2026 | House | Bill reported favorably by committee and referred to the committee on House Ways and Means |
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