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H 1121

An Act studying property insurance premiums on non-profit organizations

194th Legislature (2025-2026) Introduced by Jim Arciero and 7 co-sponsors

The bill requires the Insurance Commissioner to study how property insurance premiums affect Massachusetts nonprofits, including market access and a potential FAIR Plan clearinghou

Bill reported favorably by committee and referred to the committee on House Ways and Means
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Bill Summary · H 1121

Summary of H.1121: An Act studying property insurance premiums on non-profit organizations

Purpose and Intent

H.1121 authorizes a formal study by the Massachusetts Commissioner of Insurance to examine how property insurance premiums affect nonprofit organizations within the Commonwealth. The goal is to understand drivers of premium increases, assess market availability of insurers for nonprofits (including high-risk nonprofits), and evaluate the potential development of a commercial insurance policy clearinghouse as part of the Massachusetts FAIR Plan. The bill directs the Commissioner to provide findings and recommendations to key legislative committees.

Key Provisions

  • Authority Granted: Notwithstanding other laws, the Commissioner of Insurance must conduct an investigation and study of the impact of property insurance premiums on nonprofit organizations.
  • Evaluation Topics (minimum):
    1. Reasons for increasing property insurance premiums in Massachusetts.
    2. Market availability of property insurers for nonprofit organizations, including those deemed high-risk.
    3. Evaluation of developing a commercial insurance policy clearinghouse as part of the Massachusetts FAIR Plan.
  • Deliverables: The Commissioner must submit findings and recommendations to the Joint Committee on Financial Services and to the House and Senate Committees on Ways and Means.
  • Deadline: Not later than December 31, 2026.

Timeline and Procedural Status

  • Introduced: February 27, 2025.
  • Referral: Referred to the House Committee on Financial Services (2/27/2025).
  • Status / Hearings: Hearing scheduled for November 4, 2025, from 10:30 AM to 1:30 PM in room A-2.
  • Legislative Actions: Includes standard housekeeping actions (e.g., petitioning by named legislators) and related actions noted in the bill’s docket.
  • Session Context: Part of the 2025-2026 Massachusetts General Court (One Hundred Ninety-Fourth General Court).

Who Is Affected

  • Primary: Nonprofit organizations operating in Massachusetts that purchase or rely on property insurance.
  • Secondary: Property insurers operating in Massachusetts, especially those participating in or connected to the Massachusetts FAIR Plan; entities serving as or interacting with the nonprofit insurance market, including high-risk nonprofits.

Potential Impacts and Considerations

  • The bill would initiate an evidence-based assessment of premium trends and insurer accessibility for nonprofits, which could inform future policy or regulatory action.
  • By exploring a commercial policy clearinghouse within the FAIR Plan, the study may identify options to improve nonprofit access to affordable coverage and broaden market participation.
  • Results could influence legislative or regulatory decisions on how property insurance markets are structured for nonprofit sectors (e.g., pricing reforms, market incentives, or changes to the FAIR Plan).

Related Information

  • Related Bill: HD 3163 (replaces)
  • Documents: Bill text and petition section establish the investigative mandate; findings due by 12/31/2026.

This bill does not itself create new funding or programs, but it lays groundwork for policy guidance stemming from the Commissioner’s study.

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

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