Transcript Highlights:

• with the surplus line laws.
• California Insurance Code Section 1763 California Insurance Code Section 1763 requires that surplus line
• California Insurance Code Section 1763 requires that surplus line brokers make a diligent effort to place
• , except in rare cases where a surplus line insurer has authorized a surplus line broker to act on its
• They also then, you know, will go out in many cases to the surplus lines market through the surplus lines

Summary: The Assembly Insurance Committee held its first outcomes review oversight hearing on the residential fair plan clearinghouse program created by AB 3012. Chair and members focused on whether the program is actually helping depopulate the California Fair Plan and move policyholders back to the voluntary market. The Fair Plan and Department of Insurance testified that the program exists as a platform for admitted and, in some cases, non-admitted insurers to review Fair Plan policies and make offers through the broker of record, but they acknowledged limited participation and limited results. CDI said it has received no formal complaints specific to the clearinghouse, but identified obstacles including only 11 participating residential insurers, the broker-of-record requirement, compensation and appointment issues, and the lack of direct consumer contact. CDI said about 730 residential risks have moved to voluntary market coverage through the program from June 2021 through April 30, 2025, and opt-outs are under 1%. Committee members pressed witnesses on the program’s opacity, the lack of data on offers made versus policies actually moved, and whether the clearinghouse is functioning as intended. CDI and the Fair Plan said they do not have data on how many offers have been made, only on cancellations that are self-reported and marked as clearinghouse-related. Members also raised regional growth in Fair Plan enrollment, especially on the Central Coast, and concerns about underinsurance when policyholders move back to the regular market. CDI recommended more mandatory reporting, broader broker education, possible direct offers to policyholders after a period of time, and changes to commission and appointment rules to reduce barriers to insurer participation. The second panel of industry witnesses generally agreed the clearinghouse is not a stand-alone solution and said its effectiveness depends on a healthier admitted market and actuarially sound Fair Plan rates. Independent agents and brokers, admitted-market insurers, and surplus lines representatives said the current system is constrained by low rate adequacy, limited insurer appetite for high-risk properties, operational friction, and misaligned incentives. Several witnesses suggested improvements such as better data sharing, clearer depopulation procedures, stronger broker education, and more flexible appointment or compensation rules. Some supported giving the program more time under the Sustainable Insurance Strategy, while others said the Legislature should consider whether to strengthen, modify, or potentially sunset the program if it continues to produce limited results. A public witness later reported that a new carrier had recently joined the clearinghouse and was working with brokers to bring in additional capacity.

Transcript Highlights:

• For too long, we have seen surplus after surplus pile up in our state coffers.
• </c><00:01:02.519><c> after</c><00:01:02.879><c> surplus</c><00:01:03.559><c> pile</c> we have seen Surplus
• after surplus pile we have seen Surplus after surplus pile up<00:01:04.159><c> in</c><00:01:04.320><
• </c> bill it would be 105% of the Surplus bill it would be 105% of the Surplus this<00:07:11.120><c>
• Just to guarantee a $500 check to every income tax filer in Minnesota would require a surplus of over

Keywords: 1183, house

Transcript Highlights:

• It also requires reporting in any year where a market pay enhancement is required, and the report would
• data and, at a minimum, requires certain requirements that are listed in the bill and also in the abstract
• data and, at a minimum, requires certain requirements that are listed in the bill and also in the abstract
• So now is the requirement for higher institutions to make these?
• Okay, so it would be a requirement. So we're mandating them to do it now?

Keywords: 994, senate, all

Summary: The Senate Finance Committee met with a quorum present and first approved the minutes from the prior meeting. It then reconsidered Committee Substitute for House Bill 5212, noting that an Education Committee amendment had been inadvertently omitted the day before; the vice chairman withdrew the prior motion to report the bill, and the committee returned to the bill with the technical Education Committee amendments pending. The transcript then moved through a long agenda of bills and supplemental appropriations, with the committee generally hearing brief explanations from counsel, occasional member questions, and then voting to adopt amendments and report measures to the full Senate. Among the substantive policy bills, the committee advanced House Bill 4007 on the Industrial Access Road Fund, allowing an additional possible $3 million transfer in a fiscal year, expanding eligible uses, and increasing county/municipal spending limits; House Bill 4765, which raises salaries for state police, teachers, and school service personnel and, via a strike-and-insert amendment, creates a market pay enhancement tied to county and regional income data; House Bill 5162, recodifying tax lien sale procedures and clarifying ownership and government-property tax treatment; House Bill 5382, extending the Neighborhood Investment Tax Credit Program to July 1, 2031; House Bill 5685, authorizing up to $150 million in revenue bonds backed by excess lottery funds for State Culture Center improvements; House Joint Resolution 42, placing a constitutional amendment on the ballot to raise the homestead exemption from $20,000 to $40,000; House Bill 4010, creating an airport hangar grant program and fund; House Bill 4404, increasing from $500 to $5,000 the amount volunteer fire departments may spend on training and fire prevention materials; House Bill 4592, requiring standardized campus safety mapping data for higher education institutions; House Bill 4784, extending and making retroactive a qualified opportunity zone business tax modification; and House Bill 5088, increasing retirement benefits for Division of Natural Resources police officers, with a one-time $4.25 million cash injection. The committee also reported several supplemental appropriations and originating bills, including Senate Bill 842 for the Spay Neuter Assistance Fund, Senate Bill 846 for Culture and History capital repairs, Senate Bill 872 for Natural Resources capital repairs (reduced to $10 million in committee substitute), Senate Bill 876 for Department of Health facilities, Senate Originating Bills 1 through 5 covering Culture and History, road funds, corrections IT and services, tobacco education, and the Adjutant General’s armory board transfer, respectively. Most items were adopted by voice vote; House Bill 4765’s strike-and-insert amendment was adopted after a division vote of 10-6. The committee then adjourned.

Transcript Highlights:

• The ’25 year in general revenue ended with a $337 million surplus. Very strong surplus.
• We feel that we will end FY26 with a very healthy surplus. FY26 with a very healthy surplus.
• We've pre-funded from surplus Hope. Well, the governor doesn't. Funded from surplus Hope.
• Well, the governor doesn't want to rely on surplus in the future. So we'll do a surplus.
• These are surplus supplemental preparation. I'm... These are surplus supplemental appropriations.

Committee: Senate Finance

Keywords: 994, senate, all

Transcript Highlights:

• Additionally, farm-to-school program requirements are updated, including requiring WSDA to assist food
• that apply to surplus property if they sell or grant the surplus technology hardware at a depreciated
• It doesn't require the school district to surplus it, but if they're going to surplus it, it should go
• Yes, it does not require surplus, certainly in the bill, and I think that would be an example, right,
• Under current surplus rules, school districts do not have a path to provide surplus electronic devices

Summary: The House Education Committee held public hearings on three bills. House Bill 2142 would replace statutory references to “alternative learning experience” with “remote and hybrid learning.” Committee staff and the prime sponsor said the change is intended to reduce stigma and more accurately describe programs that may be online, hybrid, or site-based. Several members raised concerns that the terminology could unintentionally affect fully in-person programs; the sponsor and a retired principal testified that the bill is meant as a name change and would not materially alter current programs. The bill drew 52 pro, 4 con, and 0 other sign-ins. House Bill 2369 would create a Washington Local Food for Schools program in OSPI to help schools procure and distribute Washington-grown foods through existing USDA food distribution systems. The sponsor and supporters said the bill would reduce logistical barriers for farmers and districts, support local agriculture, and improve the quality and appeal of school meals. Testimony came from school nutrition advocates, farmers, a school superintendent, students, and OSPI, with broad support and discussion of how the program would work through catalogs, ordering windows, and existing warehouses. The bill drew 455 pro, 64 con, and 1 other sign-in. House Bill 2432 would allow school districts and ESDs to sell or grant surplus technology hardware, such as laptops and tablets, directly to public school students and recent graduates at depreciated value, with priority for students with greater need. The sponsor said the goal is to help students transition to work, college, and other postsecondary opportunities. Committee members asked about whether the bill should address assistive devices and whether devices could be reserved for future graduating classes; staff noted existing law already covers transfer of assistive devices for students with disabilities. Testimony from district technology and finance staff supported the bill as a practical way to extend the life of devices and benefit students. The bill drew 57 pro, 5 con, and 0 other sign-ins. At the end of the meeting, the chair announced amendment deadlines for several bills scheduled for executive session later in the week and then adjourned the committee.

Transcript Highlights:

• It also requires reporting in any year where a market pay enhancement is required, and the report would
• data, and at a minimum requires certain requirements that are listed in the bill and also in the abstract
• So now is the requirement for higher institutions to make these.
• The bill requires eligibility; requires the taxpayer, excuse me, to be the newly registered business.
• appropriation, and $5,002,392 to a new special services surplus appropriation.

Committee: Senate Finance

Keywords: 994, senate, all

Transcript Highlights:

• before disposing of the surplus property.
• that generally apply for surplus property.
• If they sell surplus technology hardware...
• Requirements that generally apply for surplus property if they sell surplus technology hardware at a
• The bill requires that public school students from low-income families have priority for receiving surplus

Committee: House Education

Keywords: 904, all

Transcript Highlights:

• Far too long we have seen surplus after surplus pile up in our state coffers.
• It would be 105% of the surplus.
• Just to guarantee a $500 check to every income tax filer in Minnesota would require a surplus of over
• This is not a theoretical problem. $18 billion surplus.
• And we believe it's time to return surplus dollars.

Transcript Highlights:

• </c><00:17:44.000><c> for</c> modifying training requirements for modifying training requirements for
• For far too long, we have seen surplus after surplus pile up in our state coffers.
• after surplus pile we have seen Surplus after surplus pile up<00:45:55.359><c> in</c><00:45:55.480><
• Just to guarantee a $500 check to every income tax filer in Minnesota would require a surplus of over
• c><01:41:32.440><c> and5</c><01:41:33.440><c> billion</c> require a surplus of over4 and5 billion require

Keywords: 1183, house

Transcript Highlights:

• </c> return the Surplus if there is a surplus return the Surplus if there is a surplus of<00:03:10.959
• </c><00:04:28.960><c> to</c> legislator would be required to legislator would be required to appropriate
• <00:21:36.360><c> of</c><00:21:36.559><c> rule</c> requirements of rule requirements of rule 4.15<00:
• We spent the surplus, correct?
• We spent the surplus, correct?

Keywords: 1183, house

Transcript Highlights:

• before disposing of the surplus property.
• that generally apply for surplus property.
• Requirements that generally apply for surplus property if they sell surplus technology hardware at a
• The bill requires that public school students from low-income families have priority for receiving surplus
• And is the IEP transition plan a requirement of the ID IEP transition plan a requirement of the IDEA.

Summary: The House Education Committee heard several bills focused on school district operations, student access, and special education. Substitute Senate Bill 6222 would allow school districts and educational service districts to sell or grant surplus technology hardware, such as laptops and tablets, directly to public school students, with priority for low-income students and documentation of the transfer. Testimony from the sponsor, district staff, and advocates emphasized helping students keep familiar devices, reducing waste, and extending the public investment in technology. The committee also heard Second Substitute Senate Bill 5969, which would better integrate IEP transition plans with the statewide online IEP system and the universal high school and beyond plan platform to reduce duplication; staff noted a fiscal note had been requested, and there were no public testifiers on the bill. The committee spent substantial time on Engrossed Substitute Senate Bill 6247, a school district financial management bill. The bill would require additional ESD oversight and support for districts showing signs of financial distress, create mandatory school director training on funding and finance, strengthen penalties for knowing violations of budget expenditure limits, and require disclosure authorizations before hiring certain budget or accounting personnel. Senator Dozier said the bill was prompted by district financial problems, declining enrollment, failed levies, and reserve fund declines. ESD, WSSDA, WASA, WOSBO, and OSPI testified in support overall, though some witnesses raised concerns about mandatory training, funding for implementation, and whether training should extend beyond school directors. Committee members asked about the bill’s scope, the undefined term “significantly,” the $750,000 reimbursement cap, and how it compared with House Bill 2593. The committee also heard Substitute Senate Bill 622, which would exempt school districts and ESDs from certain surplus-property notice requirements when selling or granting surplus technology hardware to students at depreciated cost or no cost to low-income students. Senator Hunt said the bill came from constituent concerns about unused laptops and tablets and would help students transition to work, college, or technical school. Zero Waste Washington and an Issaquah School District official supported the measure, citing environmental benefits and practical student access to technology. The committee closed public hearings on the bills, noted sign-in counts for pro and con positions, and announced amendment deadlines and upcoming executive sessions.

Transcript Highlights:

• Number two, it removes politics from the distribution of surplus revenues, requiring they be distributed
• This is the surplus fund.
• It's not a surplus, right?
• It's not a surplus, right?
• Did you bring us any surplus revenue? Yeah, surplus revenue.

Bills: SB39 , SB2129 , SB2141 , SB2246 , SB2323 , SB2439 , SB2722

Committee: Senate Transportation

Keywords: commercial motor vehicle, truck liability, motor carrier, trucking, civil liability, respondeat superior, negligent entrustment, negligent maintenance, negligent loading, negligent repair, bifurcated trial, exemplary damages, punitive damages, personal injury, collision, employer liability, vicarious liability, Civil Practice and Remedies Code, Texas tort reform, commercial truck accident

Summary: The Senate Transportation Committee reconvened on SB 2722, as substituted by Senator Bettencourt, which would redirect a portion of Harris County Toll Road Authority surplus revenues to the City of Houston and impose audit and tax-rate penalty provisions. Houston Police Chief Noe Diaz and Fire Chief Thomas Munoz testified in support, arguing that Houston bears a large share of toll-road public safety burdens, citing thousands of police and fire responses on toll-road property and the need for compensation for emergency services. Bill King, testifying neutrally, said the toll authority generates large excess revenues and urged stronger oversight and clearer controls on how the money is spent. Opponents, including Harris County officials, business and neighborhood representatives, and toll-road critics, argued the bill would divert transportation dollars, create a precedent for taking toll revenues for general municipal use, and could worsen project delivery and incentives; several also questioned the accuracy and interpretation of the revenue figures and the lack of comparable audit requirements for the city. The committee took extensive testimony but left SB 2722 pending without a vote. The committee then heard SB 2129, which would increase fines for motorists who disregard railroad crossing gates or flaggers, and SB 2323, which would redact railroad crew members’ personal information from public accident reports. Both bills were presented as safety measures, with railroad labor testimony in support, and both were left pending after brief public testimony. The committee also heard SB 2141, a Zaffirini bill concerning specialty license plates for judges, with the substitute aimed at reducing security risks by changing how judges are identified on plates; it too was left pending. Finally, the committee heard SB 2439, another Zaffirini bill, described as a TDLR cleanup measure related to ATV and off-highway vehicle safety certification. The bill would abolish the current training and certification program, which supporters said was burdensome and underused given the small number of approved instructors statewide. With no significant opposition on the record, the committee closed testimony and left SB 2439 pending as well.

Transcript Highlights:

• They also require public equity. They require soft loans.
• They also require public equity. They require soft loans.
• Now, the Surplus Land Act does not require local agencies to sell their land below market value.
• The Surplus Land Act, through dispositions of exempt surplus land and surplus land have actually, Land
• Now, the Surplus Land Act does not require local agencies to sell their land below market value.

Keywords: 988, house, all

Transcript Highlights:

• </c><00:00:49.280><c> us</c> technical difficulties that require us technical difficulties that require
• States don't regulate surplus lines. I think the surplus market serves a very critical role.
• :25:00.760><c> Market</c> lines I think I think the Surplus Market lines I think I think the Surplus
• so Surplus um and I think one of Surplus so Surplus um and I think one of the<00:27:28.200><c> concerns
• that oh terrible Surplus some think that oh terrible Surplus Market<00:27:35.880><c> it's</c><00:27:

Keywords: 912, senate, all

Summary: The committee opened by outlining hearing procedures, including a two-minute limit for live testimony, a request not to repeat written testimony, and a reminder about decorum. The first bill heard was SB 697, which would create a nonrefundable individual income tax credit for expenses to retrofit residences with wind-resistive devices. The Insurance Division said it supported the concept but noted it may need an appropriation or outside expertise to develop certification standards, while the Department of Taxation said the bill should retain a third-party certification requirement if the Insurance Division cannot administer the credit. The Hawaii Insurers Council supported the bill, and the Tax Foundation suggested a subsidy-style program would be more efficient than a tax credit and criticized the bill’s 100% credit structure. A testifier in support argued the measure would help homeowners fortify houses against hurricanes and reduce shelter demand; written testimony from several others, including HIEMA, was noted as supportive. The committee then moved through SB 76, which would require the Hawaii Property Insurance Association to provide commercial property coverage after two private-market denials, and SB 83, which would require insurers to give advance written premium-change notices and explanations to common-interest community policyholders and the insurance commissioner, along with a report on premium increases. For SB 76, the State Insurance Division stood on its written comments, and testimony in support came from Michael Honda, the National Association of Mutual Insurance Companies, and Jessica Herzog. SB 83 drew more extensive discussion: the Insurance Division supported the need for better transparency, while the Hawaii Insurers Council opposed the bill, arguing that agents—not insurers—typically communicate with AOAO boards and that the measure could worsen an already difficult market. Insurance Division staff acknowledged widespread complaints from condo associations about lack of transparency and said the division had received many calls about premium increases and nonrenewals. The discussion on SB 83 expanded into broader concerns about condo insurance, nonrenewals, surplus lines, and the difficulty of getting timely explanations for large premium increases. Committee members and testifiers described older buildings struggling to fund repairs and upgrades while facing steep insurance costs, and some urged the committee to craft baseline statutory protections for unit owners. The Insurance Division said surplus lines serve a critical gap-filling role and warned against regulating that market in a way that could slow access to coverage. No votes or final committee actions were taken in the portion of the meeting provided.

Transcript Highlights:

• </c><00:02:08.599><c> the</c> using money from a projected Surplus the using money from a projected Surplus
• We applaud the proposal to return the surplus funds to taxpayers.
• We applaud the proposal to return the surplus funds to taxpayers.
• We have to figure it out, and we grew our budget by 40% with the surplus.
• We have to figure it out, and we grew our budget by 40% with the surplus.

Keywords: 1183, house

Summary: The committee took up House File 4, first adopting the H004A1 amendment without objection. The author described the bill as a constitutional amendment intended to create a tax relief account funded from projected budget surpluses, defined as revenues exceeding 105% of projected expenditures based on the November forecast. Supporters framed the proposal as a way to return excess taxpayer money to families, homeowners, and seniors rather than allowing the state to retain or redirect it. Testimony in support came from Ranna Lee of Americans for Prosperity, who praised the bill’s clarity and argued that taxpayers are overburdened and should receive surplus funds back; she also suggested broader tax and budget reforms, including rate reductions and tighter spending limits. Nan Madden of the Minnesota Budget Project testified in opposition, saying the legislature already has authority to use surpluses for rebates or tax cuts and warning that constitutionalizing tax policy would reduce flexibility, weaken accountability, and make it harder to respond to changing conditions, emergencies, or recessions. Members then briefly commented, with Republicans expressing support for returning money to taxpayers and citing cost-of-living pressures and fixed incomes. The committee did not hear a formal department position. At the end of the hearing, Representative Johnson renewed the motion that House File 4, as amended, be recommended to pass and sent to the Ways and Means Committee; the motion prevailed on a voice vote.

Transcript Highlights:

• They also require public equity. They require soft loans.
• They also require public equity. They require soft loans.
• Now, the Surplus Land Act does not require local agencies to sell their land below market value.
• The Surplus Land Act, through dispositions of exempt surplus land and surplus land have actually, Land
• Now, the Surplus Land Act does not require local agencies to sell their land below market value.

Summary: The committee heard testimony on several housing-related proposals and policy ideas. One speaker urged changes to the welfare property tax exemption for affordable housing, arguing that annual income recertifications are outdated and burdensome, and proposing a one-time qualification at move-in, streamlined monitoring through TCAC or HCD, and continued exemption protection for projects that remain in compliance. The witness said rising insurance costs and administrative burdens are hurting cash flow and threatening the viability of affordable housing operations. A major portion of the meeting focused on social housing and the SB 555 study. HCD described its ongoing study process, including public engagement with residents, practitioners, and experts, and noted that California already has many building blocks for social housing, such as public land tools, long-term affordability mechanisms, community land trusts, and tenant protections. Community land trust and housing policy witnesses argued that social housing will require legislative action, expanded public subsidy, tax abatements, public land, and simplified financing, and they emphasized the need to reframe the concept for the “missing middle” and middle-class households to build broader political support. Committee members discussed stigma around “social housing,” the need for a rebrand, and the possibility of a pilot program, especially on excess public land. The committee also heard a proposal for a certified professional plan-check system modeled on Vancouver, Canada. The presenter said California’s permitting delays, inconsistent reviews, and staffing shortages add cost and uncertainty even for streamlined projects, and proposed allowing state-certified private professionals to perform plan checks and inspections under state oversight while local governments retain zoning and enforcement authority. Members discussed local control concerns, infrastructure costs, and the need to reduce delays and uncertainty in the entitlement process. Finally, the committee heard testimony supporting changes to HCD loan disbursement so funds can be used during construction rather than only after completion. Witnesses said this would reduce interest costs, improve feasibility, and could produce additional affordable homes with existing funding. The discussion also referenced AB 1053 as the vehicle for implementing that approach.

Transcript Highlights:

• Number two, it removes the requirement of surplus revenues, requiring they be distributed fairly by commissioner
• I've heard the word "surplus" used a lot.
• Surplus. And that's where I'd like to clarify the record.
• We're required to carry a reserve.
• Army Corps of Engineers requirements.

Bills: SB39 , SB2129 , SB2141 , SB2246 , SB2323 , SB2439 , SB2722 , SB 39

Committee: Senate Transportation

Keywords: commercial motor vehicle, truck liability, motor carrier, trucking, civil liability, respondeat superior, negligent entrustment, negligent maintenance, negligent loading, negligent repair, bifurcated trial, exemplary damages, punitive damages, personal injury, collision, employer liability, vicarious liability, Civil Practice and Remedies Code, Texas tort reform, commercial truck accident

Transcript Highlights:

• </c><00:10:07.600><c> eligible</c> housing which requires eligible housing which requires eligible applicants
• </c><00:10:14.040><c> to</c> required to use all Financial Surplus to required to use all Financial Surplus
• </c><00:10:43.440><c> into</c> reinvesting financial Surplus into reinvesting financial Surplus into
• </c> could be ensured that Financial Surplus could be ensured that Financial Surplus would<00:11:28.160
• Surplus Surplus um<00:33:07.360><c> and</c><00:33:07.559><c> we'll</c><00:33:07.840><c> also</c><00:

Committee: Senate Housing

Keywords: 912, senate, all

Summary: The committee heard testimony on a series of housing measures focused on streamlining approvals, reshaping financing programs, and expanding affordability requirements. SB 27 would exempt state-financed housing developments from County Council approval; SB 38 would bar county legislative bodies from changing housing proposals in ways that increase project costs; SB 25 would let counties reduce housing capacity in one area only if they offset it elsewhere with no net loss; and SB 379 would require perpetual affordability covenants for HHFDC projects and prohibit affordable housing in special flood hazard areas. SB 378 would create an HHFDC working group to identify mixed-use Maui properties for possible acquisition, SB 414 would authorize condemnation proceedings for a new Lānaʻi access road tied to disaster recovery, and SB 13 would eliminate the state income tax mortgage interest deduction for second homes. Testimony was mixed across the bills, with state agencies and housing advocates generally supporting faster permitting and more production, while county planners, NAIOP, Catholic Charities, and others raised concerns about local control, marketability, financing feasibility, and long-term affordability enforcement. A major portion of the hearing centered on the rental housing revolving fund. SB 70 would limit eligible applicants to government agencies or organizations that reinvest all surplus into additional housing; HHFDC said most developers would not object in principle but questioned how the surplus requirement would be enforced, while NAIOP and Catholic Charities opposed it as too restrictive and difficult to monitor. SB 71 would amend the fund’s preference criteria and eligibility rules, and SB 163 would require HHFDC to prioritize projects with the shortest repayment terms and highest unit production per dollar per year. HHFDC and some advocates supported the goal of faster recycling of funds, but NAIOP and Catholic Charities warned that shorter loan terms and narrowed preferences could burden developers and disincentivize projects, especially for lower-income tenants. The chair indicated SB 163 would be deferred and its concerns folded into amendments to SB 71. In decision-making, the committee voted to pass SB 27, SB 38, SB 70, and SB 71 with amendments, and SB 25 unamended. The chair said SB 27 would be amended to include projects with a state financing commitment and a report note that such projects still undergo 21-38 review; SB 38 would receive technical changes and language preventing county bodies from imposing cost-increasing conditions; SB 70 would add language addressing enforcement of the surplus requirement and a preamble citing the need to recycle taxpayer-financed housing value; and SB 71 would be amended to incorporate concerns raised in SB 163, including a broader preamble and revised priority criteria. SB 163 was deferred, while the other measures on the agenda were heard but no final action was described in the transcript excerpt.

Transcript Highlights:

• lines, revises surplus lines eligibility by eliminating the requirement that agents seek coverage from
• Let me explain how surplus lines markets work, and why we have a national bill that requires diligent
• I think this is paperwork that we require of our agents when I do think that the good agent, Require
• At the moment, the state of Florida has the highest requirement, which is the 200 required hours.
• The lowest requirement is none.

Summary: The committee met with a quorum and heard several insurance- and trust-related bills. CS/HB 265, relating to post-judgment execution proceedings involving terrorism, was presented as a measure to help victims enforce long-standing judgments against terrorist assets; it received no opposition in testimony and was reported favorably. CS/HB 1173, concerning the Florida Trust Code, clarified that the Florida Attorney General is the only public official with standing to enforce charitable trusts administered in Florida; members discussed that it was intended to resolve ambiguity identified by a court decision, and it also passed favorably. The committee then took up PCS/HB 643 on residual market insurers. The bill would remove the “diligent effort” requirement for surplus lines placements, revise surplus lines eligibility, and let Citizens policyholders elect arbitration through DOAH or the courts at renewal or issuance. The sponsor argued the changes would reduce red tape and give consumers more options, while an opponent from the Florida Justice Association warned that removing diligent-search protections could push more policyholders into higher-cost, less-regulated surplus lines coverage and that arbitration could favor insurers. Committee members raised concerns about the lack of premium credits for arbitration, the effect on Citizens, and the loss of consumer protections, but the bill was reported favorably. Finally, PCS/HB 1047 on insurance regulation generated extensive debate. The bill would reduce pre-licensure hours for general lines agents from 200 to 60, clarify restrictions on public adjuster conduct, require claims-handling manuals only for active residential property insurers, and define “sufficient evidence” for bad-faith claims with examples and a 10-day objection/response process. Supporters said it would streamline claims handling and clarify timelines; opponents and several members argued it could burden policyholders, especially after disasters, and might make it easier for insurers to delay or deny claims. There was also concern about the reduced training hours for new agents and the lack of detail on what constitutes sufficient evidence or a specific objection. After a divided debate, the bill was reported favorably by a 12-6 vote. The meeting then adjourned.

Transcript Highlights:

• Um, this will require significant Um, this will require significant capital.<00:40:50.000><c> Um,</c>
• </c> surplus lines. surplus lines.
• </c> coverage in surplus lines. coverage in surplus lines. &gt;&gt; Okay. &gt;&gt; Okay.
• . requirement. requirement.
• </c> up in surplus lines market. up in surplus lines market.

Keywords: 910, house, all

Summary: The joint committees held an informational briefing on efforts to expand insurance capacity in Hawaii’s property market, especially for condominium and homeowners coverage. The Insurance Commissioner reviewed the background: a legislative task force, the governor’s emergency proclamation in August 2024, and Senate Bill 1044 in May 2025 led to new condo insurance products. He said the work over the past two and a half years was producing positive results and introduced representatives from HPIA and HHRF/HHR to provide updates. HPIA’s board chair and its administrator described the organization’s history, structure, and current products. HPIA said it was created in 1991 as a residual market for homeowners insurance, now writing four residential products: HO2 homeowners, renters, HO6 condo unit owners, and dwelling fire. They reported policy counts have grown again as admitted-market carriers tightened underwriting, and they discussed financial pressure from reinsurance costs, though those costs had declined in 2025 after different purchasing decisions. They also said the market has become more favorable overall, with some capacity returning and deductibles beginning to ease. Members focused much of their questioning on HPIA’s proposed higher dwelling limits. HPIA explained that the current $450,000 limit for homeowners and dwelling fire was set in 2023, but agents are now asking for a higher limit in the $650,000 to $750,000 range because construction costs have risen and many policies are not being submitted when the limit is too low. HPIA said it has the authority to raise the limit through a filing with the Insurance Division and expects more submissions if the cap increases. They also discussed the shift in the book of business from roughly 70% lava-zone coverage to closer to a 50/50 split between lava and non-lava risks. HPIA outlined strategic initiatives: a new policy administration system that went live October 1 and now allows online payments, online claims reporting, and electronic notices; a filed request to raise the homeowners and dwelling fire limit to $650,000 effective March 1 for new business and April 1 for renewals; an increase in the HO6 condo unit owners limit from $5,000 to $100,000; and a planned commercial property all-other-perils-excluding-hurricane condo product targeted for filing by January 31. No votes were taken, and the meeting was informational only.