Interim study on the property insurance market in Montana

This joint resolution (LC 3987) requests an interim study on Montana's property insurance market, specifically to examine rising costs and coverage challenges. The study, to be completed by September 2026, will evaluate causes of increasing insurance rates, assess their impact on homeowners and businesses, and analyze policy solutions for greater affordability and stability. It directly affects Montanans facing high premiums - particularly in wildfire-prone areas - and businesses struggling with shrinking coverage. The resolution does not create new laws but mandates a formal review to inform future legislative action.