Georgia lawmakers introduce bills aimed at lowering insurance costs

Jon G. Burns, Georgia State Representative from 159th District
Jon G. Burns, Georgia State Representative from 159th District
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Speaker of the House Jon Burns, Insurance and Safety Fire Commissioner John King, and Chairman Matt Reeves have expressed support for a series of new bills introduced in Georgia aimed at making insurance more affordable for residents and businesses. The proposed legislation includes House Bill 1344, House Bill 1262, House Bill 1263, and House Bill 1274.

“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.”

These new measures follow last year’s Senate Bill 68 and Senate Bill 69, which focused on lawsuit reform in Georgia. After these reforms were enacted, Speaker Burns appointed the House Blue-Ribbon Study Committee on Insurance Rates to develop additional legislative recommendations intended to lower insurance costs and improve transparency for policyholders.

Chairman Matt Reeves highlighted the committee’s work across the state: “The House Blue-Ribbon Study Committee on Insurance Rates has worked across the state and across the aisle to make insurance more affordable. 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.”

Reeves noted that his committee collaborated with Commissioner King to strengthen oversight by the Office of Georgia’s Insurance Commissioner.

Commissioner John F. King stated: “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.”

Jon Burns was elected as a Republican representative for Georgia’s 159th District in 2005.



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