Bill > S2738

This bill establishes a special commission to investigate and address rising insurance costs for manufactured and mobile home residents in Massachusetts. The commission will be composed of 13 members, including legislative leaders, state officials, and representatives from the Massachusetts Manufactured Housing Association, municipal government, and consumer advocacy groups. The commission's broad investigative scope includes examining the causes of increasing insurance premiums, analyzing current market participation by insurers, evaluating state regulations' impact on insurance challenges, assessing the adequacy of existing consumer protections like the FAIR Plan (Fair Access to Insurance Requirements), comparing Massachusetts' regulatory environment to other states, and developing potential policy solutions to expand coverage options and improve affordability for manufactured homeowners. The commission is required to submit a comprehensive report with findings and recommendations to various legislative bodies within twelve months of the act's passage, with the ultimate goal of addressing the insurance market challenges faced by manufactured home residents.

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https://malegislature.gov/Bills/194/S2738