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HD 4513

A communication from the Division of Insurance (see Section 4A of Chapter 175 of the General Laws) submitting its annual Home Insurance report for calendar year 2023 [copies of said report were forwarded to the Attorney General, the committee on Ways and Means and the committee on Financial Services, as required by said law]

194th Legislature (2025-2026)

Massachusetts Division of Insurance submits required 2023 home insurance market report to legislature, providing regulatory data on insurance availability and pricing trends.

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Bill Summary · HD 4513

Legislative bill overview

HD 4513 is a procedural filing that submits the Massachusetts Division of Insurance's mandatory annual report on home insurance market conditions for calendar year 2023. The report was distributed to the Attorney General and relevant legislative committees as required by state law (Chapter 175, Section 4A of the General Laws).

Why is this important

Annual insurance reports provide legislators and regulators with data on market trends, pricing, availability, and consumer issues in the home insurance sector. This information informs policy decisions about insurance regulation, consumer protections, and market stability—areas of significant concern given recent national home insurance market disruptions and affordability challenges.

Potential points of contention

  • Data timeliness: The 2023 report was filed in April 2025, creating a nearly 16-month lag that may limit its usefulness for addressing current market conditions
  • Limited transparency: The bill text does not summarize the report's findings, leaving the public unaware of specific issues or recommendations without accessing the full document
  • Regulatory effectiveness: Whether the Division of Insurance's findings have led to meaningful legislative or regulatory action to address identified problems

Compiled from official sources — confirm details with the bill’s official record.

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