SENATE CONCURRENT RESOLUTION NO. 9
(By Senators Minard, Unger, Helmick, Barnes, Sharpe, Yoder,
Minear, Weeks and Boley)
Requesting the Joint Committee on Government and Finance study the
availability and affordability of homeowners' insurance.
Whereas,
The state's citizens need available and affordable
homeowners' insurance; and
Whereas,
In this state and across the nation, property and
casualty insurance has become increasingly expensive and difficult
to obtain; and
Whereas,
Insurers are increasing premiums, declining to write
new policies and declining to renew existing policies; and
Whereas,
The availability and affordability of homeowners'
insurance are essential for a healthy real estate market and the
ability of the state's citizens to purchase and protect their homes
and possessions; therefore, be it
Resolved by the Legislature of West Virginia:
That the Joint Committee on Government and Finance is hereby
requested to study the availability and affordability of
homeowners' insurance; and, be it
Further Resolved, That the Joint Committee on Government and
Finance report to the regular session of the Legislature, 2006, on
its findings, conclusions and recommendations, together with drafts of any legislation necessary to effectuate its recommendations;
and, be it
Further Resolved, That the expenses necessary to conduct this
study, to prepare a report and to draft necessary legislation be
paid from legislative appropriations to the Joint Committee on
Government and Finance.