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H 1097

An Act relative to homeowners’ insurance

194th Legislature (2025-2026) Introduced by Tony Cabral and 1 co-sponsor

Massachusetts bill addressing homeowners' insurance market stability and affordability; specific provisions pending committee review and May 2025 hearing.

Accompanied a study order, see H5336
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Bill Summary · H 1097

Legislative bill overview

H 1097 is a Massachusetts bill addressing homeowners' insurance, though the specific provisions are not detailed in the available information. The bill has progressed through initial legislative steps including referral to the Financial Services committee and scheduling of a public hearing in May 2025.

Why is this important

Homeowners' insurance is a critical issue in Massachusetts, where insurers have faced significant financial pressures and some have exited the market, forcing residents into the state's insurer-of-last-resort program (FAIR Plan). Any legislative action in this area directly affects housing affordability, property protection requirements for mortgages, and the stability of the state's insurance market.

Potential points of contention

  • Insurer profitability vs. affordability: Regulations to control premium increases may limit insurers' ability to cover their costs, while allowing higher rates burdens homeowners facing an already tight housing market
  • Market participation: Policies designed to keep insurers in Massachusetts could involve subsidies or rate-setting mechanisms that some argue distort market competition
  • Coverage standards: Changes to required coverage levels or deductibles could leave homeowners underprotected or inadequately compensated after losses

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

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