Speaker Jon Burns and Commissioner John King Praise Introduction of Insurance Affordability Reform for Hardworking Georgians

Speaker of the House Jon Burns (R-Newington) joined Insurance and Safety Fire Commissioner John King and Chairman Matt Reeves (R-Duluth) in praising the introduction of historic insurance reform. House Bill 1344, House Bill 1262, House Bill 1263 and House Bill 1274 aim to address insurance affordability for hardworking Georgia families and businesses.

“For Georgia’s families, homeowners, businesses and drivers insurance isn’t an option; it’s a necessity,” said Speaker Jon Burns. “When disaster strikes, accidents happen, or unexpected circumstances get in the way, Georgians depend on their insurers to help them face life’s most difficult moments with confidence and security. That’s why the Georgia House is continuing to build on our efforts to bring greater stability, transparency and accountability to our insurance markets, ensuring Georgians can afford the coverage they need.”

Following last year’s passage of Senate Bill 68 and Senate Bill 69, Georgia’s landmark lawsuit reform legislation, Speaker Jon Burns appointed the House Blue-Ribbon Study Committee on Insurance Rates to develop further legislative recommendations to drive down the cost of insurance and strengthen transparency for Georgia policyholders.

“The House Blue-Ribbon Study Committee on Insurance Rates has worked across the state and across the aisle to make insurance more affordable,” said Chairman Matt Reeves. “No state is doing more to address affordability and stabilize insurance rates than Georgia is doing right now, and we are committed to continuing this work to ensure every Georgian has access to accessible, competitively priced coverage.”

Chairman Reeves and the members of the Blue-Ribbon Study Committee partnered with Insurance and Safety Fire Commissioner John King to enhance the oversight and regulatory capabilities of the Office of Georgia’s Insurance Commissioner, helping ensure fairness and transparency in Georgia’s insurance markets.

“It has been an honor to work with Speaker Burns, Representative Reeves and other members of the General Assembly to hold insurance companies accountable and continue the work we have accomplished to drive down the cost of insurance. This legislation is part of our long-term commitment to building a fair, sustainable insurance market that serves every Georgian. By prioritizing accountability and affordability, we are delivering on our promise to protect consumers and provide access to quality coverage to every family in our state,” said Insurance and Safety Fire Commissioner John F. King.