Bill
SB 1140
RELATING TO INSURANCE OF LAST RESORT.
2025 Regular Session
Introduced by Stanley Chang and 3 co-sponsors
SB 1140 creates a state-backed insurer of last resort, ensuring homeowners in high-risk areas can access affordable property insurance despite traditional coverage challenges.
Reported from CPN (Stand. Com. Rep. No. 174) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.