The General Assembly Raised Bill No. 267 mandates the Insurance Commissioner to conduct a study on potential revisions to the insurance statutes. The bill requires the commissioner to submit a report detailing the findings and recommendations of this study to the relevant joint standing committee of the General Assembly by January 1, 2027. This initiative aims to ensure that the insurance statutes are up-to-date and effectively serve the needs of the public. The bill introduces new legal language that establishes the requirement for the study and report, specifically noted as Section 1 from passage New section. Additionally, it includes the title Raised Bill No. 267 to identify the legislation. There are no deletions from current law in this bill, as it primarily focuses on the introduction of new provisions.