The resolution proposes an interim study to assess the impact of rising insurance costs on homeowners and businesses in Nebraska. It aims to explore potential legislative measures to enhance access to property insurance coverage. The study will focus on several key areas, including historical and projected premium costs, the number of uninsured or underinsured properties, and the factors affecting property owners' access to affordable insurance. Additionally, it will analyze successful policies and programs from other states that have improved access to residual property insurance.

The Banking, Commerce and Insurance Committee of the Nebraska Legislature is tasked with conducting this interim study. Upon completion, the committee is required to report its findings and recommendations to the Legislative Council or the Legislature, providing insights that could inform future legislative actions to address the challenges faced by property owners in securing adequate insurance coverage.