Transcript Highlights:

• SENATORS, TODAY WE WILL HAVE A PRESENTATION ON THE PROPERTY TAX RELIEF FOR CATASTROPHIC EVENTS AND SO
• THIS MEETING WILL BE ON PROPERTY TAX RELIEF FOR CATASTROPHIC EVENTS AND THEIR NEXT MEETING WE PLAN TO
• THE LEGISLATURE DEALT WITH CATASTROPHIC DAMAGE THROUGH BY ADDRESSING SPECIFIC POPULATIONS AND STORMS.
• CATASTROPHIC REFUND PROGRAM.
• THE CATASTROPHIC REFUND PROCESS WORKS THIS WAY.

Keywords: 999, senate, all

Transcript Highlights:

• Since 2019, we have faced over 100 disasters, many of them catastrophic, and my dedicated staff have
• So the first component of my strategy is incorporating catastrophic modeling into rate making.
• The first component of my strategy is incorporating catastrophic modeling into rate making.
• Other commissioners from catastrophe-prone states have been engaging with Bermuda for years.
• And so people are absolutely suffering from this catastrophe. One question is: will the...

Summary: The committee first heard AB 597, a bill to strengthen consumer protections for disaster survivors who use public adjusters. The author and the Department of Insurance said the measure would cap public adjuster fees at 15% for claims tied to declared disasters, require clearer contracts, prohibit solicitation during emergency conditions, and allow consumers to rescind contracts that were solicited during prohibited periods. Insurance industry groups supported the bill, while public adjuster representatives opposed it as written but said they were willing to work on revisions. The committee approved the bill and re-referred it to Appropriations; the roll call was ultimately recorded as 16-0. The committee then held its fourth oversight hearing on the Department of Insurance’s Sustainable Insurance Strategy, with Commissioner Ricardo Lara giving an extensive update on wildfire-related market reforms and consumer protections. He said the recent Southern California wildfires had not derailed the strategy and described actions including advance claim payments, a one-year moratorium on residential non-renewals in affected areas, a new fraud strike team, smoke-damage claim guidance, additional living expense protections, and a consumer claims tracker. He reported more than $12.1 billion in claims paid, over 37,000 claims filed, and more than 7,000 survivors assisted directly. He also discussed related bills and reforms, including AB 597, SB 495, SB 547, SB 429, SB 616, AB 888, and AB 2026. Members questioned the commissioner about the Fair Plan’s growing exposure, the $1 billion assessment, rate increases, non-renewals, underinsurance, and whether the reforms would actually stabilize the market. Lara said the assessment was already approved, that policyholders would not be hit with one large bill because insurers have two years to recover costs, and that the department was pushing insurers to use catastrophe modeling and reinsurance tools in exchange for commitments to write more policies in wildfire-distressed areas. He said the department expects to see market stabilization by 2026, though he emphasized the timeline depends on insurer participation, implementation of the new regulations, and future disaster activity. Members generally expressed support for the goals of the strategy while pressing for clearer expectations for consumers and faster action on mitigation and market reform.

Transcript Highlights:

• Senators, today we will have a presentation on property tax relief for catastrophic events.
• This meeting, as I mentioned before, will be on property tax relief for catastrophic events.
• If you are a homestead owner, the time to start your rebuild after a catastrophic event, whether it be
• specific to all catastrophic events.
• But this one deals more specifically, obviously, with the catastrophic events.

Summary: The Committee on Finance and Tax met with a quorum present and heard a presentation from Lissette Kelly of the Department of Revenue’s Property Tax Oversight Office on property tax relief for catastrophic events. Kelly reviewed existing statutory relief for homestead, non-homestead, commercial, and agricultural property owners, including extended rebuild timelines, preservation of homestead exemption during rehabilitation, agricultural classification protections, and the catastrophic event refund program for residential property that becomes uninhabitable. She also explained the refund process, the roles of property appraisers and tax collectors, and prior legislative reimbursements to local governments after storms such as Ian, Nicole, and Idalia. Members asked about how portability works if a homeowner chooses not to rebuild, and Kelly said she would follow up with more detail. Senator Bernard also asked how residents learn about the refund application, and Kelly said property appraisers and tax collectors actively notify affected owners, including through mailings, FEMA and Red Cross sites, public service announcements, and outreach at community events. She said the property appraisers take the lead in promoting the program, with tax collectors also helping direct taxpayers to apply. The chair noted that staff will distribute the department’s guide to offices before hurricane season and said the committee’s next meeting, during the first week of session, will focus on property taxes more broadly. Kelly said the department would be willing to review the process further and bring suggestions if needed. No votes were taken on legislation, and the committee adjourned without objection.

Transcript Highlights:

• Your state financing is repaid through catastrophe hurricane surcharges.
• Um, the, uh, Coastal Windstorm Insurance Coalition, uh, supports authorizing catastrophe surcharges to
• It's called a catastrophe surcharge. OK, OK.
• But, uh, this, this bill is going to help fund and ensure that there's not, if there are catastrophes
• It it removes the catastrophe bonds. It replaces the catastrophe bonds with this, yes, yes.

Transcript Highlights:

• It's called a catastrophe surcharge.
• It's our premiums that we earn during the year in our catastrophe reserve trust fund.
• I mean, there are a lot of conditions on what we... put into our Catastrophe Reserve Trust Fund.
• that, or not having to spend it on debt, helps build the Catastrophe Reserve Trust Fund.
• It removes the catastrophe bonds, replacing them with this. Yes, yes.

Bills: HB778, HB 1266, HB1576, HB2213, HB2517, HB2518, HB2841, HB3306, HB3320, HB3388, HB3508, HB3520, HB3689

Keywords: credentialing, healthcare, physician assistants, advanced practice nurses, managed care, hurricane, windstorm, loss mitigation, grants, insurance discounts, property retrofitting, insurance, Texas Windstorm Insurance Association, board composition, coastal counties, property insurance, taxation, Texas FAIR Plan Association, premium taxes, maintenance taxes

Transcript Highlights:

• Catastrophe models predict the future losses of natural disasters and are often used as benchmarks to
• model contemplated by this bill will help expose if and when private catastrophe models are overstating
• At present, all wildfire catastrophe models are proprietary, closed to public scrutiny.
• Moreover, SB 495 mandates that insurers provide the department with annual reinsurance and catastrophe
• Access to clear point-in-time data on reinsurance and catastrophe modeling related to all fire rates

Summary: The Assembly Insurance Committee met to hear several bills related to insurance coverage, wildfire risk, workers’ compensation, and paid family leave. SB 8 by Senator Ashby would extend workers’ compensation and disability protections to Sacramento County park rangers, with testimony emphasizing that they perform law-enforcement-like duties and should receive the same protections as comparable officers. SB 429 by Senator Cortese would create a public wildfire catastrophe model and related wildfire safety program, with support from the Department of Insurance and consumer advocates who said public access to modeling data would improve transparency and help evaluate private insurance risk models. The committee also heard SB 525 by Senator Jones, which would require the FAIR Plan to offer coverage options for manufactured and mobile home owners, including replacement cost coverage. Supporters said the bill would help lower-income residents obtain meaningful insurance protection, while no opposition testified. SB 495 by Senator Allen, as amended, would require insurers to provide a larger contents-coverage advance after a total loss during a declared emergency without requiring an immediate itemized inventory, extend proof-of-loss deadlines, and require insurers to provide catastrophe modeling and reinsurance data to the Department of Insurance. Several insurers withdrew opposition after amendments, and the Department of Insurance and United Policyholders supported the measure. SB 590 by Senator Durazo would expand paid family leave to cover care for designated persons or chosen family members, with strong support from AARP, labor, civil rights, caregiving, and health organizations, and testimony from a parent describing the need to care for a non-legal family member during surgery recovery. The committee also took up consent items SB 230 and SB 854. After roll calls, SB 8, SB 429, SB 495, SB 525, and SB 590 all received do-pass votes, with SB 429 sent to the Committee on Emergency Management, SB 495 to Judiciary, and SB 525 and SB 590 to Appropriations. The consent calendar bills were also approved, and the committee adjourned.

Transcript Highlights:

• The catastrophe savings account would empower a homeowner to prepare for these disasters by allowing
• California has faced an unprecedented rise in the risk of catastrophic natural disasters over the last
• So even when a catastrophe occurs, you have a tax Match that with a catastrophe savings account.
• So even when a catastrophe occurs, you have that cash in the bank to meet your higher deductible.
• savings account for whatever catastrophe might be coming down the road.

Summary: The Assembly Committee on Revenue and Taxation met under suspense-file procedures, with the chair explaining limits on testimony, position letters, and that bills with fiscal impacts of $150,000 or more would generally be sent to suspense rather than voted on immediately. Several bills were pulled from hearing, and a consent calendar of committee bills later passed 4-0. AB 761 by Addis, the only item initially slated for a vote, was ultimately held over to the next hearing. The committee heard testimony on a series of tax-related proposals. AB 232 would create catastrophe savings accounts for homeowners to save pre-tax money for wildfire, flood, or earthquake-related expenses; it drew support from the Department of Insurance and the California Bankers Association, but was sent to suspense. AB 1443 would exempt tips from state income tax for five years and was supported by the California Restaurant Association and a restaurant owner, but also went to suspense. AB 1435 would provide relief to businesses and property owners facing cleanup and security costs from unauthorized encampments and illegal dumping; it received broad support from business, real estate, trucking, retail, and local government representatives, and was referred to suspense. The committee also heard AB 1428, which would create a California Affordable Child Care Fund financed by a 0.5% tax on income above $10 million; child care workers and SEIU-backed witnesses supported it, while taxpayer and business groups opposed it as harmful to competitiveness and affordability. AB 691 proposed a tax credit for adopting shelter pets and covering veterinary costs, AB 1219 proposed a middle- and low-income personal income tax cut, AB 1354 proposed a credit for increased homeowners insurance premiums, AB 19 proposed an education savings account/voucher-style program, and AB 567 proposed insurance rate stabilization and related tax/fund changes; each drew testimony for and against where present, but all were referred to suspense. The meeting ended with the committee adjourning after the held-over AB 761 item was postponed.

Transcript Highlights:

• He is recognized for his work representing policyholders, especially in catastrophe-related claims.
• He is recognized for his work representing policyholders, especially in catastrophe-related claims.
• He is recognized for his work representing policyholders, especially in catastrophe-related claims.
• It is against catastrophic risk, generally speaking, so against hurricane risk and other things.
• If it's that one catastrophic situation that happened? I can answer that. Thank you, sir.

Summary: The subcommittee held its first meeting on homeowners property insurance, with members from both parties introducing themselves and repeatedly noting that insurance affordability, roof condition, claims handling, and storm recovery are top concerns for their districts. Chair Yeager said the meeting was intended as an educational discussion rather than a legislative debate, and introduced a panel that included Insurance Commissioner Mike Yaworski, consumer Chad Carr, agent Mary Catherine Lawler, insurer executive Melissa Burt DeVries, and policyholder attorney Chip Merlin. The panel and members discussed major cost drivers in Florida homeowners insurance, including inflation, home age, roof age, mitigation features, claims history, litigation costs, reinsurance, and the Florida Hurricane Catastrophe Fund. Commissioner Yaworski said underwriting has become more sophisticated and that litigation costs, reinsurance, and replacement-cost inflation all affect premiums; he also said litigation is down about 30% and average requested rate increases have fallen from about 22.1% in 2022 to 0.8% today. DeVries said age of home, replacement cost, roof age, and coverage choices can materially change premiums, and explained that reinsurance is a major expense passed through to consumers. Merlin emphasized transparency concerns, argued that insurers are increasingly individualizing risk, and said consumers often struggle with coverage limits, deductibles, and claim denials. Members asked about flood coverage, hurricane deductibles, managed repair programs, mitigation credits, new insurer capitalization, and whether savings from reforms are reaching consumers. Yaworski explained that flood is generally excluded from homeowners policies and covered separately, that hurricane deductibles are mandatory in Florida and usually around 5%, and that the office tracks savings from reforms through rate filings and insurer discussions. He said the state is updating mitigation discounts and monitoring new entrants closely for solvency and market conduct. Several members and panelists said recent reforms have helped reduce some abuses and litigation, but many consumers are still seeing higher premiums because replacement costs and reinsurance remain elevated. No votes or formal actions were taken.

Transcript Highlights:

• If we were a smaller district, these would have been truly catastrophic, um, if you know they were part
• This bill is in part an attempt to remedy that problem of catastrophic claims, and I we appreciate that
• This bill is in part an attempt to remedy that problem of catastrophic claims, and I we appreciate that
• I'm guessing that we have above-average insurance premiums because we've had catastrophic claims.
• I'm guessing that we have above-average insurance premiums because we've had catastrophic claims.

Keywords: 1183, house

Transcript Highlights:

• We are required by federal law and by IRS tax ruling to invest $10 million from the catastrophic fund
• They can build up at a home in a catastrophe.
• They can build up at a home in a catastrophe.
• And so I would probably characterize the roof not necessarily as the most catastrophic fail point.
• And then it begins to fall off in its ability to be resilient against catastrophic risk.

Summary: The Banking and Insurance Committee heard a series of presentations focused on mitigation, flood and wind resilience, and insurance discounts. Kevin Guthrie of the Florida Division of Emergency Management outlined several funding streams for mitigation, including federal Hazard Mitigation Grant Program dollars, BRIC grants, flood mitigation assistance, and the state hurricane loss mitigation program. He emphasized the new Elevate Florida initiative, which will use about $400 million initially to elevate or reconstruct flood-prone homes, starting with National Flood Insurance Program properties and severe repetitive-loss homes, with no current per-home cap. Guthrie said the state will contract directly with licensed vendors and aims to reduce future flood losses, lower insurance costs, and keep properties on the tax rolls rather than relying on buyouts. Insurance Commissioner Mike Yaworski described Florida’s windstorm mitigation discount program, explaining that the 1802 inspection form is used to assess a home’s overall “envelope” and determine statutory discounts. He said the office is updating the program based on a new wind loss study, with likely changes including greater recognition of roof types such as metal roofs and possible territorial risk adjustments. He also said the Legislature now requires the office to revisit the study every five years. Stephen Fielder of the Department of Financial Services reported on My Safe Florida Home, noting that the program offers inspections and grants for roof and opening protections, has completed more than 100,000 inspections, and has reimbursed hundreds of millions of dollars. He said the department has validated its discount calculations with insurers and that the program is intended to help homeowners reduce premiums through verified mitigation work. Michael Newman of the Insurance Institute for Business and Home Safety said Florida’s building code is nationally leading and that post-Ian surveys found no wind-driven structural damage in buildings built after adoption of the code. He argued that mitigation should be treated as a system, not isolated upgrades, and suggested adding Fortified designation to the state’s mitigation form to better document verified resilience improvements. Bill Truex, a county commissioner and builder, stressed the need to educate homeowners about floodproofing and roof choices, citing examples where flood panels prevented damage and noting that asphalt shingles often do not last as long in Florida as their marketing suggests. In panel discussion, senators asked about program eligibility, outreach to elderly and digitally challenged residents, contractor vetting, roof-life disclosures, and whether flood insurance should be more broadly required. Officials said outreach will include call centers and in-person assistance, and several participants urged better consumer disclosure and more data-driven guidance on roof and mitigation choices.

Transcript Highlights:

• and natural catastrophes; and four, to the long-term integrity of California's insurance marketplace
• That we are currently implementing in our sustainable insurance strategy: new catastrophic model tools
• Once we finish these catastrophe model reviews, as to the people... ...new rate filings once we finish
• these catastrophe model reviews, which we're on schedule to do this month.
• Is our Fair Plan going to be able to meet a moment like that when multiple catastrophes are happening

Summary: The Assembly Insurance Committee held its fifth oversight hearing on the California Department of Insurance’s Sustainable Insurance Strategy (SIS), with Commissioner Ricardo Lara providing an update on implementation. Lara said the department has finalized major reforms, including new catastrophe modeling tools, faster rate review procedures, use of forward-looking data tied to mitigation, and modernization of the FAIR Plan. He argued the strategy is intended to improve insurance availability in wildfire-prone areas, increase transparency, and stabilize the market, while also criticizing consumer intervenor groups and saying the department will tighten rules on intervener compensation and relevance. Members questioned Lara about when the SIS would begin producing visible market changes, how long rate filings would take to approve, and what the FAIR Plan modernization would mean for consumers’ costs. Lara said catastrophe model approvals should be completed by the end of the month, insurers are expected to begin submitting SIS filings in the coming weeks, and rate reviews have already been reduced from 281 days to 71 days. He also discussed a new market conduct investigation into State Farm’s handling of wildfire claims, ongoing complaints about smoke-damage claims, and a newly created smoke claims and remediation task force to develop standards. Lara said the department has helped more than 12,000 wildfire survivors, with over 38,000 claims filed and more than $17 billion paid, and that it is also working with other western states on underinsurance issues. Public commenters from the insurance industry, homebuilding, and insurance brokerage sectors largely supported the SIS and the department’s efforts, saying the reforms are needed to restore availability and stability. They emphasized the importance of timely rate approvals, FAIR Plan solvency, and greater transparency, and several noted that member companies are preparing to use the new filing process. The hearing ended without a vote or formal action, though members and the commissioner discussed ongoing legislative needs, including AB 226 and possible future FAIR Plan transparency measures.

Transcript Highlights:

• You had the the sudden onset of natural catastrophes like Michael kind of the slew of of that user.
• Then you have that average annual hurricane loss or catastrophe loss premium tax which is collected by
• You rate your 7, 8, 9, We hadn't had a catastrophic event. It Florida.
• You may be familiar with the term catastrophe bonds.
• I was more came in market around 2006, 2007 over those years is a very benign catastrophe years.

Transcript Highlights:

• IF YOU DON'T KNOW A LOT ABOUT IT IT IS ATTACHED TO THE FIVE O ONE C STATUS OF THE CATASTROPHIC FUND AND
• MITIGATION RESILIENCY HARDENING OF PROPERTIES IN FLORIDA AGAINST CATASTROPHIC OR OTHER RISK.
• AGAINST HIGH WIND AND CATASTROPHIC RISK.
• I WOULD CHARACTERIZE A ROOF AS THE MOST CATASTROPHIC FAIL POINT.
• AND THEN IT BEGINS TO FALL OFF IN ITS ABILITY TO BE RESILIENT AGAINST CATASTROPHIC RISK.

Keywords: 999, senate, all

Transcript Highlights:

• Federal, State, Tribal and private property jurisdictions, and we've all seen the destruction catastrophic
• But the most catastrophic fires all have similarities.
• Fires that once burned in a beneficial way now explode in catastrophic infernos that burn so hot that
• Each catastrophic fire that burns leaves behind degraded soils, damaged fish habitats, hazardous smoke
• There's an average of roughly 70,000 wildfires per year over the last four decades, but catastrophic

Bills: HB471

Keywords: forest management, wildfire prevention, public lands, Tribal jurisdiction, Fix Our Forests Act, wildfire, forest health, hazardous fuels reduction, fuels treatment, prescribed burning, mechanical thinning, mastication, fuel breaks, fire breaks, wildland-urban interface, WUI, fireshed, fireshed management area, fireshed registry, Fireshed Center

Summary: The meeting primarily focused on H.R. 471, the Fix Our Forests Act, which aims to address the ongoing crisis of wildfires exacerbated by climate change and the need for updated forest management practices. Various committee members voiced concerns about past federal management failures and emphasized the necessity for collaborative approaches involving local communities and stakeholders in forest management. As discussions unfolded, there were varying perspectives on the implications of certain provisions in the bill, particularly around regulatory changes and their likely impacts on public participation and environmental reviews.

Transcript Highlights:

• It protects the people of Hawaii and our economy from the risk of future catastrophic wildfires, and
• So we would like the language changed to reflect that a wildfire that kills 100 people is catastrophic
• So we would like the language changed to reflect that a wildfire that kills 100 people is catastrophic
• The 50% is really the catastrophic-fire cap.
• The 50% is really the catastrophic-fire cap.

Keywords: 910, house, all

Summary: The joint committees heard testimony on HB 982 HD1, a wildfire-related measure aimed at creating a wildfire recovery fund and a financing structure to address future catastrophic wildfire liability. The Department of Commerce and Consumer Affairs, the Division of Consumer Advocacy, and the Public Utilities Commission submitted comments and were available for questions. Supporters included IBW Local 1260, Kauai Island Utility Cooperative, Clearway Energy Group, Hawaiian Electric, Par Hawaii, and others, while Charter Communications and the Hawaii Association for Justice opposed or raised concerns. Life of the Land supported the bill but urged changes to the definition of a catastrophic wildfire and noted concerns about prudency review language. IBW Local 1260 asked to restore language from the original draft, and Charter warned the bill could impair existing contract and indemnity rights unless amended. A major focus of the hearing was Hawaiian Electric’s position on the HD1 version. Hawaiian Electric strongly supported the original bill but objected to the HD1 requirement for an additional $500 million shareholder contribution, arguing it was not feasible and could delay or prevent the fund from operating. The company said the bill would help protect customers and improve credit ratings by creating a dedicated revenue stream and a bankruptcy-remote financing structure, which it said would lower borrowing costs over time. Members questioned how the $1 billion securitization amount was chosen, whether credit rating agencies had indicated it was sufficient, and how the bill would work in bankruptcy; Hawaiian Electric said the amount was a balance among interests, not based on a specific agency directive, and that it would follow up on bankruptcy questions. Opponents and skeptics raised concerns about liability caps, the new claims process, and unclear language on damages above the fund’s limits. The Hawaii Association for Justice argued the bill limits victims’ remedies and gives too much authority to the new entity without clear guardrails. Committee members also pressed Hawaiian Electric on comparisons to California, the feasibility of the shareholder contribution, and whether alternative capital-raising or divestiture options had been considered. No vote or final action was taken in the portion of the hearing provided; testimony and questioning continued with follow-up information requested from Hawaiian Electric and others.

Transcript Highlights:

• Over the past year, Americans from the Carolinas to California have endured catastrophic natural disasters
• In California, for years, insurance regulations prohibited the use of catastrophe models and restricted
• We must be honest about the multiple factors driving the rise in catastrophic losses.
• In summer 2015, Lake County experienced three catastrophic wildfires.
• Hardening homes built before 2008 can mitigate future catastrophic losses.

Keywords: homeowners insurance, natural disasters, insurance costs, climate change, disaster preparedness, federal policies, bipartisan solutions

Summary: The meeting reviewed critical issues surrounding the rising costs and accessibility of homeowners insurance across the United States, particularly in light of increasing natural disasters linked to climate change. Members engaged in extensive discussions regarding the implications for families and the economy, citing significant increases in premiums and decreasing availability of policies in high-risk areas. Supervisor Peysko highlighted the direct impact of federal policies on local communities, emphasizing the growing burden on homeowners as they face skyrocketing insurance costs amidst a backdrop of environmental challenges and regulatory constraints. The committee expressed a unified call to action for bipartisan solutions, focusing on improving building codes and enhancing disaster preparedness measures.

Transcript Highlights:

• <00:29:24.559> insurance greater levels of catastrophic insurance greater levels of catastrophic
• at the time and the catastrophic at the time and the catastrophic insurance<00:31:38.960> didn't
• <00:47:00.400> Ninth catastrophic insurance policy. Ninth catastrophic insurance policy.
• <00:47:24.720> do<00:47:24.880> it catastrophic, it almost doesn't do it catastrophic
• policy for our catastrophic insurance. policy for our catastrophic insurance.

Keywords: 1187, senate, all

Transcript Highlights:

• It is looking at the total cost of the goods and labor to make you whole again following a catastrophe
• or a loss and so this total insured value total insured value following a catastrophe or a loss.
• And in some cases, depending on the carriers, the frequency of non-catastrophic losses is down upwards
• It prevents their lives from being disrupted following a catastrophe.
• That's not actually too dramatic from a Florida perspective, believe it or not, on what our catastrophes

Summary: The Senate Committee on Banking and Insurance convened with a quorum present, and Commissioner Michael Yaworsky of the Office of Insurance Regulation delivered a broad update on Florida’s property insurance market. He outlined the division of responsibilities between OIR and the Department of Financial Services, then reported market indicators including 7.61 million residential policies in force, an average premium of $2,755, 1.5 million Citizens takeout approvals, and recent negative trends in homeowners rate requests. He credited recent legislative reforms, especially tort reform and the Insurer Accountability Act, with improving market stability, increasing competition, and allowing the office to conduct more examinations and investigations, recover consumer restitution, and fine insurers for misconduct tied to recent hurricanes. Yaworsky emphasized that Citizens Property Insurance has been rapidly depopulating from its 2022 peak and may fall below 300,000 policies, while cautioning that over-depopulation could create residual-market risks and assessments if a major storm hits. He also discussed the distinction between admitted and surplus lines markets, the role of reinsurance in Florida pricing, and the effect of inflation on total insured values and premiums. He said Florida has seen comparatively modest property rate increases relative to other states and noted that recent hurricanes did not produce the kind of rate spikes seen in prior years, which he attributed to a more stable market and reduced fraud and litigation pressure. In response to a question from Senator Martin, Yaworsky explained that California’s wildfire crisis and regulatory structure are not a direct one-to-one comparison for Florida, but that California’s market problems can affect global reinsurance capacity and serve as a cautionary example of regulatory missteps. He also highlighted a recent Progressive auto insurance excess-profits refund of about $1 billion to policyholders, discussed possible federal changes to the National Flood Insurance Program, and urged greater home resiliency and code-plus adoption. The commissioner closed by calling for clearer consumer disclosures and responsible oversight of AI use in insurance filings. No bills were considered and no votes were taken; Senator Hooper moved to adjourn, and the committee adjourned without objection.

Transcript Highlights:

• total capacity to see if we needed to enhance the capacity on some of those systems so that in a catastrophic
• So, saying light-heartedly, if we have a catastrophe and we don't replace the generators, then that's
• failure we could continue catastrophic failure we could continue with<00:03:33.920> government
• <00:03:45.519> and<00:03:45.760> we<00:03:46.000> don't we have a catastrophe
• >> you know, catastrophic failure that we're<00:12:37.680> that<00:12:38.079> results

Keywords: Call to Order: 00;15 Approval of Minutes: 01:22 Update on Generator replacement: 01:52 Update on Sheriff Fees: 13:28 Adjournment: 25:22, 958, all

Summary: The committee met for its fourth budget subreview session focused on personnel, public retirements, and finance. Members approved the minutes from the prior meeting and then heard from Finance Cabinet staff on two main items: a $7.5 million request related to generator systems and a sheriff’s fees budget request. The generator request was described as a preventive, life-cycle replacement and capacity-enhancement effort for 26 generators serving Frankfort-area state buildings, intended to protect continuity of government and expand beyond basic emergency power to support continuity of services. Members asked detailed questions about how many generators would be replaced, the cost per unit, the scope of the study, and whether the work could be phased. Staff said the $7.5 million would cover a full evaluation and any resulting engineering/replacement work, but the exact number of replacements was not yet known. They estimated the initial study would cost about $500,000 to $750,000, would take six to nine months once funded, and would produce building-by-building recommendations. Staff also said typical generator life cycles vary widely, often around 15 to 20 years but sometimes longer depending on run hours and usage. The committee then reviewed sheriff’s fees, with the Division of Local Government explaining that the state reimburses counties for several statutory sheriff-related costs, especially court security, which accounts for more than 90% of the claims. Staff said the current budget base is about $20 million, while actual spending has been running above $23 million, leading to a $3.5 million growth request to align the base with projected spending and reduce the need for non-general fund expenditure (NGE) adjustments. Members asked about claim volume, county participation, reimbursement controls, and whether the request reflected growth or underfunding; staff said all 120 counties submit claims, volumes have been fairly steady, and reimbursements are governed by statute and signed monthly certifications. No votes were taken on the requests, and the meeting adjourned after questions concluded.

Transcript Highlights:

• of their own and through the negligence or carelessness of a municipal employee could suffer a catastrophic
• a municipal employee could<00:09:39.440> suffer<00:09:39.760> a<00:09:39.840> catastrophic
• could suffer a catastrophic injury. could suffer a catastrophic injury.
• > lead<00:10:20.840> to uh employees that can lead to uh employees that can lead to catastrophic
• catastrophic consequences. catastrophic consequences.

Keywords: 926, house, all

Summary: The House opened with a moment of silence and handled several bill referrals and procedural matters. House Bill 957, relating to amendments to the charter of the town of Williston, received first reading and was referred to the Committee on Government Operations and Military Affairs. Senate Bill 255, establishing a pilot law enforcement government’s council in Windham County, was referred to Ways and Means under House Rule 35A because it materially affects municipal revenue. The House also noted that Senate Bill 198, on regulation of tobacco products and tobacco substitutes, had been reported favorably with amendment by Commerce and Economic Development. The chamber then suspended rules to take up Senate Bill 198 and committed it to the Committee on Human Services pending its entry on the notice calendar. The House also adopted in concurrence Joint Senate Resolution 49, setting weekend adjournment so that when the two houses adjourn on Friday, April 17, 2026, they must reconvene no later than Tuesday, April 21, 2026. During consideration of Senate Bill 218, relating to reducing chloride contamination of state waters, Representative Boutin offered a floor amendment aimed at strengthening municipal liability protections for towns participating in salt-reduction efforts. Supporters said the existing affirmative defense was too weak and could leave municipalities exposed to negligence claims despite their efforts to reduce salt use. Opponents, including members speaking for Judiciary and House Environment, argued the issue was legally complex, involved tort and insurance questions, and needed more vetting than a floor amendment; they also said the current bill already supports municipalities through certification and best-management-practices provisions. Both committees reported the amendment unfavorable, with Judiciary citing a 7-3-1 vote and House Environment a 10-1-0 vote. The session ended with announcements recognizing guests in the gallery and a notice that House Democrats would caucus in Room 11, while Republicans and Progressives would not, followed by a recess until the gavel fell again.