AN ACT REQUIRING THE INSURANCE COMMISSIONER TO CONDUCT A STUDY OF FLOOD INSURANCE COVERAGE OPTIONS FOR OWNERS OF RESIDENTIAL OR COMMERCIAL PROPERTY.

SB 1385 requires Connecticut's Insurance Commissioner to study flood insurance coverage options for residential and commercial property owners, with a focus on improving access and awareness of these options. The study must be completed by February 1, 2026, and reported to the legislature. This bill does not create new insurance requirements or funding but mandates a one-time analysis to inform future policy decisions. It directly affects property owners by examining existing flood insurance pathways in the state.