South Carolina H 3791: Property and casualty insurance

Bill Text

2025-2026 Bill 3791 Text of Previous Version (Jan. 28, 2025) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 3791

Indicates Matter Stricken
Indicates New Matter

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A concurrent RESOLUTION

to REQUEST THE UNITED STATES 
CONGRESS ADDRESS THE CRITICAL ISSUES FACING PROPERTY AND CASUALTY INSURANCE 
MARKETS ACROSS THE NATION.

Whereas, the affordability of homeownership is a cornerstone of the 
American dream, providing stability and security for families and communities; 
and

Whereas, recent trends in property and casualty insurance have led to 
unsustainable increases in premiums, with some homeowners facing increases of 
100% or more in short periods of time; and

Whereas, many homeowners have received notices of cancellation within 
forty-five days following high-risk events, creating uncertainty and distress 
for families; and

Whereas, these challenges disproportionately affect low- and 
middle-income families, making it increasingly difficult for them to secure and 
maintain homeownership; and

Whereas, the impact of catastrophic weather events, from the East Coast 
to the West Coast, highlights the urgent need for comprehensive approach to 
insurance reform; and

Whereas, the current property and casualty insurance landscape 
requires the attention and action of our federal representatives to ensure fair 
and equitable access to insurance coverage for all citizens; and

Whereas, Congress could take numerous actions in this endeavor to 
include: investigating and analyzing the trends in rising property and casualty 
insurance premiums and their impact on homeowners; engaging in discussions with 
insurance carriers to negotiate fair premiums that reflect the reality of the 
market; considering regulatory measures that promote transparency and 
accountability within the insurance industry, particularly regarding rate 
increases and policy cancellations; exploring potential federal assistance 
programs that could help struggling homeowners, especially in high-risk areas; 
and facilitating collaboration among state and federal agencies to develop 
comprehensive strategies for addressing the needs of communities affected by 
catastrophic events and the resulting insurance challenges. Now, therefore,

Be it resolved by the House of 
Representatives, the Senate concurring:

That the members of the South 
Carolina General Assembly, by this resolution, request that the United States 
Congress address the critical issues facing property and casualty insurance 
markets across the nation.

Be it further resolved that a copy 
of this resolution be presented to the President of the United States Senate, 
to the Speaker of the United State House of Representatives, and to the members 
of South Carolina's Congressional Delegation.

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This web page was last updated on January 28, 2025 at 01:25 PM