Transcript Highlights:

• Um, but we're selling a property, so we're obviously not going to.
• Um, the property is being sold, as far as I know. So it is.
• So this is for the entire year, even though the property is being sold.
• So this is for the entire year, even though the property is being sold.
• Um, when we sell the property, when the final closing is done on the property, all sorts of utility charges

Keywords: 928, house, all

Summary: The Fiscal Committee met on May 16, 2025, and first adopted a rules-and-procedures change extending online audit approval timelines for American Rescue Plan items through December 2026 and bipartisan infrastructure law items through June 30, 2027. The committee then approved the April 18 minutes and adopted the consent calendar with several items removed for separate discussion, including items from Tabs 4, 6, and 7. On Tab 4 item 2511, members questioned why the state was paying utility costs for the Laconia property while it is being sold. Commissioner Charlie Arlinghaus explained the budget line covered utilities generally, not just heat, that some buildings still require minimal heating, and that the main increase was tied to the Winnipesaukee River Basin Project wastewater charges. He said the charges had risen sharply, the property sale would eventually trigger a utility true-up at closing, and he would provide additional analysis. The committee then adopted the item. On Tab 4 item 25115, the Department of Justice said funding for a temporary fourth pathologist was removed from the 2026-2027 budget because it was no longer needed, and the committee adopted the item. On Tab 6 item 25126, Department of Health and Human Services officials explained the Medicaid managed care “withhold” as a performance incentive: about 2% of capitation payments are held back, then redistributed based on quality and operational metrics, with unearned amounts staying with the state until the end of the program and subject to actuarial requirements. They said the approach has improved performance and helped with Medicaid unwinding outreach, reducing enrollment by about 11,000 people in the past year. The committee adopted the item. On Tab 7 item 25139, the Department of Energy said it no longer needed an additional position because existing staff could handle the work, and the item was adopted. The committee also adopted regular-calendar items 25114 and 25131, noted that one regular-calendar item had been withdrawn, set the next meeting for June 20 at 11:00 a.m. in Room 100 of the State House, and adjourned after a motion and second.

Transcript Highlights:

• Filing of rating information—certain coverages; rules.
• Coverage requirements and E. D. Coverage requirements and E.
• H up to $39,775,000 of state properties as follows.
• Of state properties as follows: I.
• The distinction between health coverage, sickness and accident, and employer liability coverage has been

Keywords: 981, all

Transcript Highlights:

• When I'm talking about coverage, I'm talking about radio coverage, to fill the gaps.
• Um, we've explored transportation property, National Guard property, DMA property; we've explored that
• radio system coverage that we've got. radio system coverage that we've got.
• National Guard property, uh, DMA National Guard property, uh, DMA property,<00:37:14.320> we've
• property, we've explored that as well. property, we've explored that as well.

Keywords: Call to Order and Roll Call- 00:00:23 Approve Minutes from January 15, 2026- 00:01:03 Kentucky State Police Update on SERVS- 00:01:47 Adjournment- 00:54:18, 958, all

Summary: The committee received an update from Kentucky State Police on the SERVE radio system project, with David Barker and consultant Brandon Marshall explaining progress across multiple phases. They reported that Mayfield PD fire/EMS and Graves County Sheriff are fully operational on the system, Phase 2 is 77% complete with 48 existing sites finished and 13 new sites pending acquisition, and Phase 3A remains funded but not yet complete. They also said router upgrades are complete, radio dispatch positions and mobile/portable rollout are complete, and microwave replacement is nearly finished, with one remaining site delayed by weather. A major part of the discussion focused on why the project has taken so long and why equipment is being purchased before some sites are built. KSP said the project began as a radio system upgrade but expanded as they discovered additional infrastructure needs, including routers and microwave links that were not in the original scope. They explained that equipment must be purchased in advance to match versions and preserve warranty coverage, and that older existing tower sites are being refurbished rather than replaced to make use of existing public-safety infrastructure. They also said all expenditures are tracked in inventory and accounting records and that the project remains transparent. Members pressed for a master plan and timeline, with Representative Smith arguing the project needs clearer structure and fewer layers of decision-making. KSP acknowledged the need for a timeline, said they had plans but not a full timeline earlier, and stated that if the remaining funding is approved they expect to complete the remaining existing sites and 25 new sites by June 30, 2027. They said 56 new-build sites remain, identified as the yellow-dot sites on the maps, and that some sites may be able to use existing Demar/National Guard tower locations. The committee did not take a vote on the project during this portion of the meeting.

Transcript Highlights:

• This section prohibits homeowners insurance policies from excluding coverage for damages done to property
• This relates to unclaimed property. property. property.
• a exempts property property held in a exempts property property held in a section<00:15:07.560><
• coverage.
• Coverage.

Keywords: 918, senate, all

Summary: The committee met to walk through nonpartisan side-by-side comparisons of House File 4188, focusing on differences between House and Senate language across consumer protection, insurance, financial services, health, and technical provisions. Staff highlighted numerous Senate-only items, including rules for financial providers communicating through trusted contacts, virtual currency requirements for banks and credit unions, a prohibition on virtual currency kiosks beginning in 2026, mortgage servicing and student loan servicing changes, the Rental Home Marketplace Guarantees Act, insurance and travel-related provisions, scrap metal licensing changes, protections related to minors accessing chatbots and AI companions, and several technical or conforming repealers. Staff also noted that some provisions were identical or substantially similar between the chambers, including mortgage originator standards, student loan borrower protections, securities-related changes, unclaimed property provisions, and technical updates in the bill’s miscellaneous articles. The Senate-only health-related articles were also summarized, including repeal of the prescription drug affordability advisory council, technical changes to the reinsurance program, and a series of health insurance provisions on enrollment-growth notices, limits on officer and director salary increases under certain capital conditions, guaranteed issue rights for certain Medicare supplement enrollees, data-sharing between Commerce and Health, restrictions on using artificial intelligence alone to deny claims, reimbursement for clinical trainees, home care nursing coverage, and PBM transparency. The Senate’s telecommunications article was described as largely technical and conforming, with repeals of obsolete statutes. Staff also noted that some standalone bills had already passed and would be removed from the comparison report. Public testimony followed. Thomas Elness of AARP Minnesota supported inclusion of the cryptocurrency kiosk bill, expressed support for guaranteed issue protections for a narrow group of consumers affected by discontinued plans, and urged adoption of changes to the consumer protection restitution account, including raising the cap to $10 million per fiscal year. Representative Lee testified that the restitution account proposal should be treated as policy rather than finance because it has a zero fiscal note, and said the House would accept the Senate’s $10 million cap. Robin Rowan, representing the Minnesota Insurance and Financial Services Council and the U.S. Travel Insurance Association, urged adoption of Senate travel insurance language, requested a House-style change to lead-generation recordkeeping language, and supported a Senate provision allowing employers and insurers to coordinate notice to employees when group policies are cancelled. The Department of Commerce then responded to questions, explaining that the prescription drug affordability council would be sunset because the board already has other avenues for public input, that the reinsurance changes were technical and did not alter the prior agreement, and that the abandoned cryptocurrency provisions rely on statutory definitions of inactivity and known examples such as keys stored in safes or deposit boxes.

Transcript Highlights:

• <00:14:43.600> which homeowners insurance coverage which homeowners insurance coverage which
• that could be done on the property that could be done on the property itself<00:19:53.240> to
• <02:27:43.319> damage<02:27:43.680> coverage if they have um property damage coverage
• if they have um property damage coverage under<02:27:44.479> their<02:27:44.720> policy
• Then you need some coverage.

Keywords: 928, house, all

Summary: The committee took up HB 297 with a non-germane amendment proposed by the Insurance Department to create the Granite State Home Mitigation and Resiliency Program. Commissioner DJ Beton explained that the program is intended to help homeowners reduce rising insurance premiums and avoid surplus lines coverage by funding proactive home and property improvements such as roof fortification, exterior and foundation work, flood protection, and tree removal. He said the proposal was developed after leadership asked for more statutory detail and for the idea to be vetted through policy committees rather than handled only in the budget process. Beton said the program would be funded by the first $1 million collected annually from the insurance premium tax, with grants of up to $10,000 awarded on a first-come, first-served basis. He described the program as modeled on similar efforts in other states, with means testing tied to the Department of Energy’s weatherization/home heating assistance criteria. He also said the department would administer the program using one existing staff position, with coordination through Treasury, and that unspent funds would roll over for several years before reverting to the general fund. Members asked about the unusual use of a non-germane amendment and how the bill would be handled procedurally, since the underlying bill and the new insurance proposal were unrelated. The chair explained that the amendment was being used as a vehicle to move the department’s proposal through the committee process and that the committee could later accept one part, both parts, or neither. No vote was taken in the portion of the meeting shown; the discussion ended with questions about administration, staffing, and the relationship between the underlying bill and the amendment.

Transcript Highlights:

• When an insured makes a property claim, such as damage to a house, car, or personal property, an insurance
• It applies to all types of insurance, commercial property, contents coverage, auto coverage, homeowner's
• coverage.
• The bill doesn't refer to replacement cost coverage. It just refers to all property policies.
• It says all property policies.

Transcript Highlights:

• <00:23:57.880> what possession and use of that property what possession and use of that property
• for these types of properties that I just spoke about.
• for these types of properties that I just spoke about.
• <01:10:43.480> casualty the voice of the property casualty the voice of the property casualty
• contractor or this this property contractor or this this property management<01:42:43.040> company

Bills: HF1865, HF2014, HF2028

Keywords: mortgage, qualified mortgage, QM, points and fees, conventional loan, consumer lending, home loan, residential real estate, lender fees, service charge, finance charge, closing costs, Minnesota Statutes 47.20, housing finance, borrower protections, cooperative apartment loan, contract for deed, real estate lending, foreclosure, notice requirements

Transcript Highlights:

• insurance companies that sell property insurance companies that sell property and<00:03:05.920><
• associations and or rental properties associations and or rental properties that<01:10:38.480>
• I would say also that to the extent that people were able to get coverage for these kinds of properties
• So one of the issues we coverage.
• I'm in the property my business. I'm in the property management<01:42:15.119> business.

Keywords: 1183, house

Transcript Highlights:

• explaining Senate Bill 1494, which modifies required coverage for mammograms and supplemental breast
• Martha Edenfield, Real Property, Probate and Trust Law Section of the Florida Bar, waving in support.
• Members, smaller high-risk employers are struggling to find affordable voluntary coverage.
• definitions, including a reference change to abandoned property.
• It also updates certain unclaimed property definitions, including a reference change to abandoned property

Summary: The Senate Committee on Banking and Insurance met with a quorum present and heard a full agenda of bills, most of which were reported favorably. Early in the meeting, SB 1000 on trust fund interest for attorney trust accounts was explained as setting a floor and ceiling tied to the Wall Street Journal prime rate and passed without objection after supportive testimony from banking and credit union groups. The committee then took up CS/SB 1082 on a statewide provider and health plan claim dispute resolution program; the sponsor described it as a way to move emergency out-of-network payment disputes away from costly litigation and into an independent dispute resolution process modeled on the federal No Surprises Act. A proposed amendment drew significant questions from senators and concerns from the Florida Insurance Council about confusion over state versus federal eligibility and possible effects on contracted rates, and the sponsor ultimately withdrew the amendment. The underlying bill was then supported by health care and insurance stakeholders and reported favorably. SB 684 on electronic signatures for total loss vehicles and vessels also passed, with Progressive Insurance waiving in support. The committee next approved CS/SB 158 on pet insurance, which requires continuing education for agents, clearer consumer disclosures, and annual reporting to OIR; the amendment was technical and adopted. SB 1494 on breast cancer screening coverage was presented as expanding required coverage for mammograms and supplemental screenings for certain insurance products, and it passed with support from cancer and radiology groups. CS/SB 314 on digital asset issuers was amended to create a Florida framework for payment stablecoin issuers consistent with the federal GENIUS Act, allowing state-level regulation as an alternative to federal supervision, and was reported favorably. SB 1500 on uncontested probate proceedings, including higher small-estate thresholds and clearer authority for personal representatives, also passed after a banking-related amendment requiring letters of administration for safe deposit box access was adopted. Later, the committee approved CS/SB 618 on workers’ compensation insurance, which raises the consent-to-rate cap for workers’ comp policies from 10% to 20% and adjusts the Florida Workers’ Compensation Guarantee Association board membership; a carrier representative testified that the change would help keep more high-risk accounts in the voluntary market. CS/SB 1568 on a Florida Stable Coin Pilot Program was amended to remove authority for DFS to create a Florida coin, limit the pilot to existing stablecoins with at least $1 billion market capitalization, and require qualified public deposit handling; it then passed. CS/SB 838 on electronic payments for retail installment contracts clarified that convenience fees for electronic payments are permissible while preserving a fee-free option, and it was reported favorably after questions about consumer access to free payment methods. SB 1452, the Department of Financial Services agency bill, made a wide range of administrative changes affecting My Safe Florida Home, unclaimed property, licensing, bail bonds, and other DFS functions; a late-filed amendment on title insurer appointments was adopted, and the bill passed. The committee also approved SB 1706 on the My Safe Florida Condominium Pilot Program, targeting condo hardening assistance to owner-occupied units meeting income and occupancy criteria, and SB 990 on protected cell captive insurance companies, which the sponsor and industry witnesses said would modernize Florida law and promote insurance competition and economic activity. The meeting ended with all bills on the agenda reported favorably and the committee adjourning without objection.

Transcript Highlights:

• We also provide up to $2 million worth of coverage under the financial assurance program.
• We are required to put a lien on a property to cost recover.
• However, the port property and former facility site is cleaned up, but not everything...
• properties and the insurance markets.
• ...a significant amount of property mitigation and still yet they're non-renewed and canceled.

Summary: The committee first heard updates on the Model Toxics Control Act (MTCA) and related funding. Department of Ecology staff explained how MTCA and the hazardous substance tax support cleanup, prevention, stormwater, and local assistance programs, but said forecasted revenues have declined while appropriations and transfers have outpaced incoming funds. Ecology said the operating account will require underspending to stay balanced this biennium and that the problem is ongoing, with further reductions possible if forecasts worsen. Ecology also reviewed the state cleanup program, noting there are more than 14,500 cleanup sites in Washington and that new sites continue to be discovered faster than they are cleaned up. A question from Representative Lee raised the long-term issue of declining fossil-fuel-based revenue, and Ecology agreed that this is a future structural concern even though the current shortfall is driven more by forecasts and transfers than by fuel-use decline. The Pollution Liability Insurance Agency described its underground storage tank and heating oil programs, saying it has modernized from a reinsurance model to a financial assurance model with stronger state oversight and cleanup milestones. Russ Olson said the agency’s dedicated petroleum tax account is in strong financial condition, but emphasized the importance of preserving that funding source. He also discussed the loan and grant program for historic commercial releases and a new heating oil loan/grant program, while noting the agency is working on equity concerns where liens can be disproportionate to property values in smaller communities. Practitioners and advocates then offered differing views on MTCA’s performance: one attorney urged a collaborative review process to make cleanups faster, less expensive, and more certain, while another consultant argued the program is too conservative and process-heavy and should focus more narrowly on actual exposure and realistic cleanup standards. Environmental and community groups countered that MTCA is essential for cleanup, pollution prevention, stormwater control, and public participation, and that it is especially important for environmental justice communities such as the Duwamish Valley. Port and city representatives stressed that MTCA grants and cleanup funding are critical for large redevelopment projects, but said long timelines, permitting delays, and funding uncertainty can slow projects and jeopardize commitments. The committee then shifted to utility wildfire risk. Staff summarized recent legislation, including requirements for utility wildfire mitigation plans, creation of a wildfire mitigation standards work group, authorization for captive insurance by local governments and PUDs, securitization authority for disaster costs, and the existing wildfire response and resilience account. Chelan County PUD and Puget Sound Energy described extensive mitigation efforts such as vegetation management, grid hardening, undergrounding, AI smoke cameras, weather stations, enhanced operating settings, public safety power shutoffs, and community outreach. Both said wildfire risk is rising and insurance costs are increasing, and Chelan PUD asked the Legislature to restore funding to the wildfire response and resilience account. The Office of the Insurance Commissioner said a 2022 utility liability market study found insurance availability is tightening as perceived risk rises, and reported that a 2025 work group recommended restoring community resilience funding, requiring insurers to share wildfire risk scores and mitigation steps with property owners, and creating a grant program based on insurance industry wildfire standards. A PNNL scientist added that wildfire probability is increasing in parts of Washington and that mitigation requires long-term, landscape-scale coordination. The final speaker began describing California’s approach to wildfire risk, but the transcript cuts off before that presentation concluded.

Transcript Highlights:

• In 2024, the global insurance property<00:10:20.320> losses property losses property losses was
• coverage over the exchange next year. coverage over the exchange next year.
• More severe providing coverage.
• , in coverage or a lapse in your coverage, in coverage or a lapse in your coverage, if<01:08:11.440
• Now, this is a practical coverage.

Keywords: Meeting Start 00:00:00 Call to Order and Roll Call 00:00:15 Department of Insurance Update 00:01:39 Department of Financial Institutions Update 00:37:07 Insurance Industry Update 00:54:50 Credit Union Industry Update 01:10:53, 958, all

Summary: The committee met with a quorum, approved the September 16 minutes, and then received an update from Insurance Commissioner Sharon Clark and staff on the Department of Insurance. Clark reviewed department activity, including growth in premium volume and licensing, consumer complaints and recoveries, and a rise in fraud referrals. She said the department has 66 open fraud cases and described common schemes such as staged auto accidents, inflated repair or cleanup charges, and roofing scams. She also said the department’s investigators often prepare strong cases but face reluctance from local prosecutors, especially in Fayette and Jefferson counties, to pursue them. Clark reported favorable workers’ compensation news, saying rates will decrease 9.7% next year for the 20th straight year. She contrasted that with a difficult property insurance market driven by storms, reinsurance costs, inflation, labor shortages, and litigation, but said Kentucky’s market remains relatively stable, citing the Kentucky Fair Plan’s small number of policies. She then warned of significant 2026 health insurance premium increases on the exchange: 16.1% for Molina, 23% for Anthem, and 37% for WCare, after CareSource withdrew. She said the rates were reviewed by actuaries and found fair, but that the biggest pressure point is the scheduled expiration of enhanced premium tax credits, which she said could leave about 90% of exchange enrollees facing a compounded increase. Members questioned Clark about fraud prosecution, the number of people in commercial versus public coverage, and the impact of expiring subsidies. Clark said the prosecution issue is mainly with Commonwealth attorneys and that rural counties are more cooperative than urban ones. She also said the health market is individually rated and that older enrollees would be hit harder, while the loss of tax credits could push some people out of the marketplace. One member asked about the attorney general’s recent opinion on SB 188, the PBM bill; staff said attorneys were still reviewing it. Clark closed by noting that Kentucky’s fraud and towing/storage legislation has become a model for other states.

Transcript Highlights:

• You see the through that coverage.
• And so figuring out the property information, the access to get to those properties is difficult.
• properties today. properties today.
• turnaround on a piece of property? turnaround on a piece of property?
• pieces of property, 70 towers to build. pieces of property, 70 towers to build.

Keywords: Call to Order and Roll Call- 00:00:03 Summary of Staff Report on the Firefighter Commission Minimum Training Standards and Administrative Spending- 00:01:00 Staff Update on Child Fatality and Near Fatality External Review Panel 00:16:00 Child Fatality and Near Fatality Review Panel Representatives Available for Questions-00:39:34 Kentucky State Police & Finance Cabinet Status Update on Kentucky Statewide Emergency Responder Voice System-00:52:35 Adjournment-01:46:24, 958, all

Summary: The committee first approved the minutes from December 19 and June 12, then received a staff report on the Kentucky Fire Commission’s minimum training standards and administrative spending. Staff explained that the commission’s current minimum training hours are 115 for volunteer firefighters and 300 for paid firefighters, down from 150 and 400 before January 1, 2023, after the commission removed elective classes not directly tied to NFPA standards. The report found the commission’s certification testing aligns fully with NFPA standards, but recommended that the commission formally promulgate regulations establishing the reduced training hours. On finances, staff said the commission complied with the first statutory cap on administrative reimbursements to KCTCS, but could not verify compliance with a second, more specific cap because the finance system does not break out program-level costs and the statute is vague. Staff recommended the commission work with KCTCS to fix that issue and suggested the General Assembly may wish to clarify the statute. After questions about reimbursement levels and investment income, the committee voted to accept the report. The committee then heard an update on the Kentucky Child Fatality and Near Fatality External Review Panel. Staff reported that the panel has implemented two of three prior recommendations: it revised its agency notification letter to clearly state the 90-day response deadline and added response prompts and checkboxes to improve completeness. The third recommendation, to adopt formal written procedures, remains in progress; staff said the panel plans to develop those procedures alongside its new case management system. The panel is meeting its statutory membership and meeting requirements, but agency responses to its recommendations have been inconsistent: 48% were timely and appropriate in 2022, 36% in 2023, and 82% in 2024, though only three of nine timely 2024 responses were fully complete. Staff also described the new case management system project, funded with $200,000 in one-time money, and recommended the panel consult budget staff about use of those funds beyond fiscal year 2025. They reissued the recommendation that the panel develop written procedures for case review, findings, recommendations, and annual reports. Committee members raised concerns about the lack of penalties for noncompliance, the volume and length of panel meetings, and technology barriers to reviewing cases, and one member said the panel’s findings should inform future legislation.

Transcript Highlights:

• This is effectively a property tax increase that will be felt by Minnesotans across the state.
• taxpaying citizens are all but property taxpaying citizens are all but tapped<00:13:32.600> out
• tax well time going back to the property tax well time and<00:13:41.079> time<00:13:41.320>
• can be complicated insurance coverage can be complicated but<00:14:45.079> it<00:14:45.199>
• <00:15:02.639> for<00:15:02.880> babies<00:15:03.600> with Medicaid coverage

Keywords: 1187, senate, all

Transcript Highlights:

• But by keeping that coverage strictly in the surplus lines, the properties that are covered there don't
• to provide coverage. to provide coverage. >> Okay.
• <00:35:03.440> Um, struggling to to get coverage. Um, struggling to to get coverage.
• We'd be looking at the property.
• property that has existing open damage. property that has existing open damage.

Keywords: 919, house, all

Summary: The task force approved the minutes from the previous meeting and then reviewed the structure and statutory requirements for its final report. Staff explained that the report must go to the commissioners of commerce, housing finance, and economic development, as well as relevant legislative leaders, and must include a summary of task force activities, adopted findings and recommendations, tort reform recommendations to reduce insurance costs, any draft legislation, and other necessary information. A draft report, likely excluding recommendations and draft legislation, is expected to be circulated before the first January meeting. Most of the meeting focused on the Fair Plan and whether it could be expanded to help homeowners associations, affordable housing, and common interest communities that are struggling to obtain coverage. Supporters said these groups are facing availability problems and often end up in the surplus lines market, which lacks the consumer protections of the admitted market. They argued the Fair Plan could serve as a third-market option with stronger protections and better access, especially for properties that are having difficulty getting quotes. Several members and witnesses raised concerns that the Fair Plan was never intended to be a broad affordability solution and warned against using it to artificially lower prices below risk-based levels. They said doing so could shift losses onto other policyholders through assessments and potentially weaken the broader insurance market. The Fair Plan administrator explained that any expansion would require substantial research, staffing, actuarial and underwriting expertise, reinsurance planning, IT changes, and likely assessments or other capitalization decisions, and that the plan would need to focus on a limited subset of properties rather than the entire market. No votes were taken on policy recommendations, and the discussion ended with agreement that more information and scoping work are needed before any formal recommendation is made.

Transcript Highlights:

• <00:03:50.560> and about 22 years in the property and about 22 years in the property and casualty
• And that has resulted in more affordable coverage and availability of coverage. >> Yeah.
• availability of coverage. availability of coverage.
• So, it's kind of a properties either.
• you know, we've got a lot of properties you know, we've got a lot of properties that<00:47:33.200

Keywords: 919, house, all

Summary: The task force held its first meeting on the insurance affordability crisis affecting single-family housing, common interest communities, and multifamily rental housing. Members and staff introduced themselves, including representatives from insurers, the Department of Commerce, housing advocates, affordable housing developers, and HOA/community association interests. Representative Steve Elkins was elected chair by roll call vote with 10 members in favor, after discussion that the Senate appointee’s formal appointment had not yet arrived; the group noted the intent to later move to co-chair leadership once that appointment is finalized. Staff reviewed the task force’s enabling statute and open meeting law requirements. The task force is charged with studying homeowners and commercial property insurance, property resilience and risk mitigation, liability laws and possible tort reform, notice and oversight issues, public reporting, and the state-supported insurance program, including possible expansion to a catastrophic reinsurance fund or self-insured pool. The final report is due February 15 and will go to the commissioners of commerce, housing finance, and employment and economic development, as well as relevant legislative committees. Members were also briefed on meeting logistics, a draft charter to be voted on at the second meeting, a resource page for shared materials, and the schedule of future meetings. The Department of Commerce then gave an overview of Minnesota’s property and casualty insurance market. Commerce described its regulatory role, the state’s competitiveness test, and how homeowners insurance is often filed under a “file and use” process rather than prior approval. The presentation emphasized that homeowners coverage has been under pressure for years: insurers have lost money in many recent years, premiums have risen, some consumers are taking on more risk through higher deductibles or reduced coverage, and some are moving into the surplus market. Commerce also highlighted the impact of severe weather losses, the growth in premiums since 2014, and gaps in oversight for homeowners associations and related policies. The meeting then shifted to brainstorming the problems the task force should address. Early discussion focused on climate and construction-related resilience, including hail and wind-driven rain damage, discontinued building materials, and whether stronger materials are reflected in insurance pricing. Members also raised the need to study programs like Alabama’s fortified roof model and Minnesota’s own Strengthen Minnesota Homes effort, along with questions about whether the construction industry is prepared to support broader resilience measures. No additional votes were taken during the discussion segment.

Transcript Highlights:

• <00:13:57.040> ownership contested the actual property ownership contested the actual property
• <01:26:39.760> is range of options for this coverage is range of options for this coverage
• > their purchase their Pro the coverage on their purchase their Pro the coverage on their own<
• <01:50:34.000> U coverage U coverage U 85%<01:50:36.800> of<01:50:37.280> those<
• that are now able to have this coverage that are now able to have this coverage so<01:55:48.079>

Keywords: 928, house, all

Summary: The committee first heard testimony on House Bill 437, which would change New Hampshire law on undischarged mortgages by creating a shorter period after which certain old mortgages would be treated as unenforceable. Prime sponsor Representative Bill Boyd said the bill was developed with input from bankers, lawyers, realtors, the Attorney General’s office, and the Banking Department, and he noted a drafting correction needed on line 18. He explained that the proposal would replace current law with a new framework modeled partly on Massachusetts, including a five-year expiration after a stated maturity date and a 35-year period for mortgages without an expiration date. Supporters said the bill would help clear obsolete title defects, reduce costly quiet-title litigation, and make real estate transactions easier for consumers, attorneys, and conveyancers. Representative Mary Hakken-Phillips, Susan Cole of the New Hampshire Association of Realtors, and Michelle Coffin all testified in support, describing the bill as a consumer protection measure. They said undischarged or improperly discharged mortgages often surface during title searches, causing delays, legal expenses, and failed or delayed closings. Coffin and Hakken-Phillips emphasized that many of these cases involve old, effectively obsolete mortgages and that the current process often requires expensive court action even when no one contests the title. Cole described a recent transaction in which a title defect caused a buyer to walk away and later restart the financing process, creating costs for both buyer and seller. A committee member asked about notice to mortgage holders; the response was that the lender bears responsibility for recording and extending the mortgage, and that due process rights would remain if a lender later contested the discharge. Ryan Hill of the New Hampshire Bankers Association said the banking industry had reviewed the bill and was generally comfortable with it, while requesting a delayed effective date so members would have time to adjust their recording practices. He said the bill’s January 1, 2028 effective date reflected that request. After closing the hearing on HB 437, the committee opened a hearing on House Bill 721, the Gold and Silver Legal Tender Act. Representative Juliet Harvey-Bolia introduced it as a bipartisan economic justice bill intended to recognize gold and silver as legal tender, protect against inflation, and address concerns about trust, taxes, and government taking. She argued that gold is a stable store of value and discussed tax treatment in neighboring states, federal history, and digital gold platforms. The hearing on HB 721 was still in progress when the transcript ended, with the chair limiting questions because of time.

Transcript Highlights:

• Currently, property owners who own property in a trust cannot petition the court to partition a property
• The growing liability insurance coverage issue.
• H. 1964 / S. 1239, an act relative to uniform partition of heirs' property.
• Heirs' property occurs very frequently in Massachusetts.
• Legally, animals are property.

Keywords: 995, all

Summary: The Joint Committee on the Judiciary held a hearing on a wide range of state, probate, and family bills, with chairs Edwards and Day outlining strict testimony limits and accepting written testimony. Early testimony focused on H. 1911/S. 1138, which would clarify that a durable power of attorney may create a trust if that authority is expressly granted; sponsors and elder law advocates said the bill would resolve uncertainty created by the Barbetti decision and align Massachusetts with other states. A major portion of the hearing centered on S. 1102, a proposal to establish medical panels in Probate and Family Court. Supporters, including attorneys, parents, physicians, and advocates, said neutral three-doctor panels would help judges resolve disputed medical issues in guardianship and custody cases involving children, elders, and people with disabilities. Testifiers described cases where medical treatment was blocked or contested by one parent or guardian, arguing the panels would provide impartial expertise and protect vulnerable people. The committee also heard support for bills addressing disability discrimination in family court, military parents’ custody rights, and a shared parenting bill, H. 1710, which drew strong opposition from domestic violence advocates and others who said a 50-50 presumption could harm survivors and children. The committee also took testimony on several probate and court-administration measures. Senator Lovely supported a bill on nominee trust partition, and Senator Comerford and probate officials backed legislation to codify additional registry staff positions and modernize registry operations. Other bills discussed included foster care liability insurance, with providers warning that rising premiums and loss of coverage could force program closures; health care proxy storage and activation; access to decedents’ email accounts; uniform trust decanting; the Uniform Voidable Transactions Act; heirs’ property partition protections; a constitutional right to health care; alimony-related reforms; child-centered family law; and a right of disposition for funeral arrangements. No votes were taken during the hearing, and the committee repeatedly invited written testimony and follow-up questions.

Transcript Highlights:

• In many communities, property insurance is simply impossible to get at any price.
• I am with the American Property Casualty Insurance Association, the premier property and casualty insurance
• California is facing the worst property insurance crisis.
• Some homeowners do a better job of taking care of their property than others.
• Goods and mitigation save lives, protect property, and lower long-term costs.

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:

• When a property owner hires a P.S... yourself today?
• When a property owner hires a PA, we review the policy, all coverages.
• We assist in securing the property.
• We prepare a detailed estimate of damages to the building, personal property, business property.
• That's an action where someone caused damage to somebody's property.

Keywords: 995, all

Summary: The Joint Committee on Financial Services heard testimony on a wide range of insurance-related bills. Topics included public adjusters (H. 1100/S. 785), electronic cancellation notices (H. 1123/S. 701), insurance rebates and loss-mitigation devices (H. 1233), flood hazard determinations (H. 1087 and related flood bills), organ donor insurance protections (H. 1248/S. 727), mental health parity in disability policies (S. 780), motor vehicle service contracts (H. 1139/S. 812), modernization of business-to-business insurance transactions (H. 1105), and a bill changing the GIC withdrawal notice deadline (H. 1150). Committee chairs set a three-minute testimony limit and heard from legislators, industry representatives, advocates, and affected consumers. Testimony on public adjusters was sharply divided. Insurance agents and property-casualty industry representatives argued that bills barring insurers from prohibiting public adjusters would interfere with policy terms, while public adjusters and several consumers described cases where adjusters helped secure substantially higher settlements and said some surplus lines policies already contain anti-public-adjuster endorsements. On electronic notices, the insurance industry supported consumer opt-in email communications, while agents warned that email-only cancellation notices could cause consumers to miss cancellations. On rebates/loss mitigation, insurers supported allowing risk-mitigation devices outside the policy to encourage innovation, while agents opposed the bill as an improper inducement. Flood-related bills drew opposition from insurers who said flood determinations are complex and federally governed. The committee also heard strong support for organ donor protections from a kidney transplant recipient and the American Kidney Fund, who said the bill would prevent insurance discrimination against living donors and could encourage more donations. On disability parity, a disability insurance specialist opposed S. 780, arguing that mental health limitations are a consumer choice that helps keep coverage affordable, while the bill’s sponsor said it would prevent unequal limits on behavioral health claims. The committee also heard support for H. 1139/S. 812 from the service contract industry, and support for H. 1105 from APCIA as a modernization measure for specialty commercial lines. No votes were taken; after testimony concluded, the chairs closed the hearing.

Transcript Highlights:

• Um we also acquired property um four additional tower sites were constructed on those four properties
• give that system more coverage. give that system more coverage.
• some various stage of the property some various stage of the property acquisition<00:05:54.400><
• I mean, Western Kentucky has coverage. Uh, Southern Kentucky has coverage.
• coverage. And that's just unacceptable. coverage. And that's just unacceptable.

Keywords: Call to Order and Roll Call- 00:00:02 Statewide Emergency Response System Monthly Update- 00:02:23 Shock Probation: Administrative Office of the Courts-00:34:28 Shock Probation: Department of Corrections Oversight-01:04:04 Adjournment-01:12:22, 958, all

Summary: The committee received an update on Kentucky’s statewide emergency responder voice system (SERVS) and the supporting microwave network, known as KYeS. Michael Brandon Marshall, the state’s statewide interoperability coordinator, explained that the project began as a replacement for Kentucky State Police’s radio system and has expanded into a statewide public-safety trunked radio system. He reviewed work completed in phases 1 and 2, including upgrades to existing tower sites, construction of new sites, installation of generators and DC power plants, and replacement of microwave routers and stations. He said the microwave upgrade is a separate but necessary part of the project and that the remaining microwave work on existing sites is expected to be finished in 2026, with roughly 20 more sites likely to move from blue to green by the next monthly report if conditions allow. Members pressed Marshall on the pace of deployment and the lack of coverage in parts of Eastern Kentucky. Senator Thomas said the coverage map was especially unfavorable to counties from Whitley and McCreary up to Lewis County and asked when that gap would be fixed. Marshall said the eastern buildout is planned, but those areas have not yet been funded; he estimated that by the end of 2026 the areas around Posts 14, 8, and 11 should be live, while other eastern post areas would remain unbuilt until additional funding is provided. He said the decision to start in Western Kentucky was technical rather than political, based on terrain and the relative ease of building coverage over flatter ground. Senator Wheeler asked whether newer low-orbit satellite systems such as Starlink could reduce the need for tower construction. Marshall said satellite technology could be a useful tool, especially for outdoor or disaster-response communications, but it cannot replace terrestrial radio for public safety because responders often work indoors and need reliable penetration through buildings. He also noted that lower-frequency spectrum such as 700 MHz is better suited for that purpose. Representative Smith asked about contracting and delays; Marshall said the Finance Cabinet’s DECA manages the construction contracts, while his office helps define the scope of work and reviews whether it is adequately met. The committee indicated it will continue to receive monthly updates on the project.