House Bill No. 7079 mandates the Insurance Commissioner to conduct a study on insurance regulation within the state. The bill stipulates that the commissioner must submit a report detailing the findings of this study to the joint standing committee of the General Assembly responsible for insurance matters by February 1, 2026. This new requirement is introduced as a new section in the law, specifically noted as Section 1 from passage New section. The bill does not impose any fiscal impact on the state or municipalities, as the Insurance Department possesses the necessary expertise to carry out the study without requiring additional resources. The legislative action was reported favorably by the Insurance and Real Estate Committee, with a vote of 9 in favor and 4 against.