Video & Transcript Research : 'reinsurance'
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MN
Minnesota 2025-2026 Regular Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 4/15/26
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- Sections 1 through 6 describe changes to the workers' compensation reinsurance associations process for
- 20:09.039><c> workers</c> >> Sections 1 through 6 describe changes to the workers' compensation reinsurance
- committee, so referring back to sections 1 through six, these changes to the workers' compensation reinsurance
Keywords:
apprenticeship, education, teacher training, grant program, labor and industry, workers' compensation, Minnesota workers' compensation, Workers' Compensation Advisory Council, reinsurance association, Workers' Compensation Reinsurance Association, WCRA, occupational disease, presumption, first responders, firefighter cancer, PTSD, post-traumatic stress disorder, police officer, paramedic, emergency medical technician
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 3/5/26
Commerce Finance and Policy
Transcript Highlights:
- </c> program called the reinsurance program. program called the reinsurance program.
- </c> current reinsurance program ends. current reinsurance program ends.
- </c> of reinsurance and necessity. of reinsurance and necessity.
- </c> reinsurance assessments also remain. reinsurance assessments also remain.
- </c> defrail costs, pay for um reinsurance. defrail costs, pay for um reinsurance.
Keywords:
HF3388, Minnesota premium security plan, reinsurance, health insurance, group health carriers, MCHA, MNsure, individual market, premium stabilization, carrier assessment, health insurance assessment, premium security plan account, state innovation waiver, high-risk pool, reinsurance payments, healthcare premiums, insurance carriers, deferral of assessment, financially impaired condition, HF400
MN
Minnesota 2025-2026 Regular Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 4/14/26
Workforce, Labor, and Economic Development Finance and Policy
Keywords:
workers' compensation, Minnesota workers' compensation, Workers' Compensation Advisory Council, reinsurance association, Workers' Compensation Reinsurance Association, WCRA, occupational disease, presumption, first responders, firefighter cancer, PTSD, post-traumatic stress disorder, police officer, paramedic, emergency medical technician, correctional officer, security counselor, public safety dispatcher, temporary total disability, permanent partial disability
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 3/26/25
Commerce Finance and Policy
Transcript Highlights:
- So I've been working on a reinsurance backstop bill.
- working<00:03:29.920><c> on</c><00:03:30.080><c> a</c><00:03:30.799><c> a</c><00:03:30.959><c> reinsurance
- </c><00:03:31.599><c> back</c><00:03:31.920><c> stop</c> working on a a reinsurance back stop working
- on a a reinsurance back stop bill<00:03:32.360><c> I</c><00:03:32.439><c> may</c><00:03:32.640><c> still
Keywords:
homeowners insurance, property insurance, commercial property insurance, insurance affordability, insurance market stabilization, reinsurance, catastrophic reinsurance fund, self-insured pool, premium costs, coverage notice, liability reform, climate risk, climate change, housing affordability, multifamily housing, rental housing, common interest communities, cooperatives, small business insurance, Minnesota Commerce Department
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 3/26/26
Commerce Finance and Policy
Transcript Highlights:
- This is the reinsurance bill that we had heard earlier this session, and the reinsurance bill has two
- :07:34.240><c> had</c><00:07:34.400><c> heard</c> reinsurance bill that we had heard reinsurance bill
- Representative Heintzeman. continue to offer the reinsurance continue to offer the reinsurance program
- </c> the reinsurance program. the reinsurance program.
- </c> Yes, so historically the reinsurance Yes, so historically the reinsurance program<00:21:27.560><
Keywords:
trusted contact, financial exploitation, elder abuse, elder financial abuse, fraud prevention, financial institution, banking, credit union, broker-dealer, account security, dormant account, consumer protection, scam, suspicious activity, protective services, law enforcement reporting, Minnesota Statutes chapter 45A, HF3388, Minnesota premium security plan, reinsurance
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 3/20/25
Commerce Finance and Policy
Keywords:
consumer protection, restitution, attorney general, consumer enforcement, unclaimed funds, victim compensation, settlement funds, special revenue fund, general fund, restitution account, consumer fraud, state treasury, eligible consumers, distribution of funds, tax subtraction, income tax, refund, unpaid compensation, Minnesota Department of Revenue, consumer redress
TX
Transcript Highlights:
- This money could have gone directly into paying claims and reducing the cost of reinsurance.
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
TX
Transcript Highlights:
- On top of that, we would place our reinsurance, the reinsurance that we buy.
- Build your reserves and help reduce your reliance or anticipated reliance on reinsurance, reinsurance
- , as I recall, doubled your reinsurance costs.
- That goes straight to the reinsurance.
- So, what is the cost of reinsurance? What do we spend annually on reinsurance?
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
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 2/19/25
Commerce Finance and Policy
Transcript Highlights:
- </c> agenda today discuss the reinsurance agenda today discuss the reinsurance program<00:01:13.360><
- </c><00:07:55.520><c> program</c> funds the state's reinsurance program funds the state's reinsurance
- The impact of the reinsurance going away is just that reinsurance program going away.
- The impact of the reinsurance going away is just that reinsurance program going away.
- them to reinsurance.
MN
Minnesota 2025-2026 Regular Session
Committee on Commerce and Consumer Protection - 01/30/25
Commerce and Consumer Protection
Transcript Highlights:
- Today we have the reinsurance overview.
- </c><00:04:36.720><c> program</c> funds the state's reinsurance program funds the state's reinsurance
- Reinsurance program.
- I don't know of any medical reinsurers that reinsurance medical or health insurance companies.
- ><c> or</c> reinsurers that reinsurance medical or reinsurers that reinsurance medical or or<01:37:34.880
HI
Transcript Highlights:
- So the two types of major reinsurance are treaty reinsurance and facultative reinsurance.
- So the two types of major reinsurance are treaty reinsurance and facultative reinsurance.
- So the two types of major reinsurance are treaty reinsurance and facultative reinsurance.
- So the two types of major reinsurance are treaty reinsurance and facultative reinsurance.
- So the two types of major reinsurance are treaty reinsurance and facultative reinsurance.
MN
Minnesota 2025-2026 Regular Session
Committee on Health and Human Services - 03/11/25
Health and Human Services
Transcript Highlights:
- </c> reach the reinsurance attachment point. reach the reinsurance attachment point.
- Even the reinsurance is needed.
- I hate the idea of reinsurance.
- Um if the reinsurance program.
- many</c><01:27:22.960><c> reinsurance</c> will leave many reinsurance will leave many reinsurance beneficiaries
FL
Florida 2025 Regular Session
November 18, 2025 - 08:00 AM
Transcript Highlights:
- And the reinsurance markets is important.
- So so reinsurance costs are low.
- So we can lower those reinsurance costs because we're seeing reinsurance rates are decreasing.
- >> Any of our reinsurance or is this the reinsurance?
- Reinsurers, the Bermuda Reinsurers, the European reinsurance to right across the board meeting from your
MN
Minnesota 2025-2026 Regular Session
Task Force on Homeowners and Commercial Property Insurance 12/3/25
Minnesota House Floor Meeting
Transcript Highlights:
- </c> reinsurance program the options of it. reinsurance program the options of it.
- </c> the insurance and reinsurance market. the insurance and reinsurance market.
- . reinsurance. reinsurance.
- decrease in reinsurance supply and an increase in reinsurance demand.
- We are adjourned. reinsurance market. reinsurance market.
MN
Minnesota 2025-2026 Regular Session
Extending aspects of the state's reinsurance program 3/5/26
Minnesota House Floor Meeting
Transcript Highlights:
- </c> current reinsurance program ends. current reinsurance program ends.
- ><00:12:59.040><c> uh</c><00:12:59.200><c> some</c> reinsurance now would provide uh some reinsurance
- ><c> stability</c> Reinsurance helps provide that stability Reinsurance helps provide that stability
- Without the reinsurance program.
- </c> defrail costs, pay for um reinsurance. defrail costs, pay for um reinsurance.
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 3/4/25
Commerce Finance and Policy
Transcript Highlights:
- </c> testimony Minnesota's reinsurance testimony Minnesota's reinsurance program<00:16:42.399><c> has
- </c> states make insurers pay for reinsurance states make insurers pay for reinsurance so<00:35:11.520
- reinsurance programs across the country reinsurance programs across the country and<00:40:11.079><c>
- </c> five-year waiver was to fund reinsurance five-year waiver was to fund reinsurance for<00:56:03.920
- </c><01:10:52.480><c> not</c> reinsurance is not reinsurance does not reinsurance is not reinsurance
Bills:
HF837
HI
Hawaii 2025 Regular Session
CPC/CPN Joint Info Briefing - Wed Dec 17, 2025 @ 9:30 AM HST
Hawaii House Floor Meeting
Transcript Highlights:
- Um, don't we aren't the reinsurers basically the same reinsurers...
- Reinsurers basically the same reinsurers that they've been...
- We touched on reinsurance.
- </c> the reinsurance. the reinsurance.
- </c><01:43:32.960><c> because</c> not regulate reinsurers because not regulate reinsurers because reinsurers
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.
MN
Minnesota 2025 1st Special Session
Committee on Commerce and Consumer Protection - 03/20/25
Commerce and Consumer Protection
Transcript Highlights:
- ><c> buying</c><01:00:59.920><c> down</c> Under reinsurance, we are buying down Under reinsurance, we
- </c><01:04:21.920><c> It</c> reinsurance. And it it's different. It reinsurance.
- </c> subsidy and reinsurance. subsidy and reinsurance.
- </c> reinsurance program to the individual. reinsurance program to the individual.
- </c> amount as reinsurance. amount as reinsurance. Senator<01:17:23.440><c> Rasmmanson.
HI
Hawaii 2025 Regular Session
CPC/CPN Joint Info Briefing - Mon Jan 27, 2025 @ 2:00 PM HST
Hawaii House Floor Meeting
Transcript Highlights:
- </c> direct written premium with reinsurance direct written premium with reinsurance cost<00:28:25.159
- </c> company writes so the reinsurance company writes so the reinsurance program<00:35:47.640><c> for
- and the type of reinsurance.
- uh hpa's reinsurance talking with uh hpa's current<00:43:18.240><c> reinsurance</c> current reinsurance
- So the two types of major reinsurance are treaty reinsurance and facultative reinsurance.
TX
Transcript Highlights:
- , reinsurers, and the cost of reinsurance.
- about reinsurance.
- I've done some homework myself on reinsurance and Googled and, you know, reinsurance and what their combined
- The price of reinsurance has risen significantly since 2020, as has the amount of reinsurance TWIA must
- through premiums on reinsurance goes to that reinsurance company and you don't, you don't get a penny