House Study Committee on Reinsurance for Essential Industries; create

HR 40 creates a House Study Committee on Reinsurance for Essential Industries to examine Georgia's commercial property and casualty reinsurance market. The 7-member committee, appointed by the Speaker with input from insurance and agriculture officials, will study how public-private partnerships could reduce insurance costs for essential industries. It will identify funding needs, criteria for essential industries, and potential premium reductions to benefit small businesses and the state economy. The committee must report its findings and recommendations by December 1, 2025.