Extends authorization for certain exemptions from filing requirements

This bill extends an exemption for certain large commercial insurers from needing prior regulatory approval for insurance rates and forms. It applies specifically to domestic property/casualty insurers (with a strong financial cushion) or reciprocal insurers that write at least 90% medical malpractice insurance, assume minimal reinsurance, and conduct 90% of business within the state. The exemption period is extended from 2025 to 2027. This directly affects qualifying insurers by reducing one layer of regulatory oversight for their rate-setting and form approvals.