AN ACT CONCERNING INSURANCE REGULATION IN THE STATE.

HB 5371 requires the Insurance Commissioner to conduct a study on state insurance regulation and submit a report to the General Assembly's insurance committee by January 1, 2027. This procedural bill does not change existing regulations or directly affect specific groups; it only mandates a study and reporting process. The key mechanism is the commissioner's obligation to analyze current insurance regulation and provide findings to lawmakers. The bill's sole purpose is to gather information for potential future policy decisions.