Relating to an interim study by the State Office of Risk Management regarding property and casualty insurance costs incurred by public schools.

SB 2462 directs the State Office of Risk Management to study property and casualty insurance costs for public school buildings, facilities, and land in Texas, working with the Texas Education Agency. It requires all public school districts and open-enrollment charter schools to submit data on their insurance costs, past property damage, and repair protocols to the agency by a specified date. The Office will analyze this data, consult with existing insurance risk pools, and develop a report by September 1, 2026, with recommendations to lower insurance costs while ensuring adequate coverage. The report must include strategies for schools, risk pools, and potential cost estimates for a statewide risk pool, if recommended.