An Act studying property insurance premiums on non-profit organizations

This bill (HD 3163) requires Massachusetts' Commissioner of Insurance to study property insurance premiums for nonprofits. It mandates an evaluation of why premiums are rising, whether insurers are available for high-risk nonprofits, and whether a new insurance clearinghouse should be added to the state's FAIR Plan. The commissioner must submit findings and recommendations to legislative committees by December 31, 2026. The study directly affects nonprofits facing high or rising insurance costs but does not change current insurance rules.