Richard DeMark

Establishes a commission to study the impact of extreme weather on the reinsurance market, and its effects on the cost and availability of property insurance in New Hampshire. Would analyze the effects of past extreme weather events on reinsurance rates, assess how future events will influence these rates, and evaluate the availability of reinsurance for small local carriers. Emphasizes the growing concern over rising insurance costs, which have increased by approximately 20% due to factors such as extreme weather events and their impact on reinsurance pricing.