Alabama HB424: Department of Insurance; Office of Risk and Resilience created; Strengthen Alabama Homes Program placed under office

What the bill says

A bill 12 TO BE ENTITLED 13 AN ACT 14 15 Relating to the Department of Insurance; to create the 16 Office of Risk and Resilience within the department; and to 17 amend Section 27-31E-2, Code of Alabama 1975, to provide that 18 the Strengthen Alabama Homes Program is housed within the 19 office. 20.

From the introduced text:

A BILL 12 TO BE ENTITLED 13 AN ACT 14 15 Relating to the Department of Insurance; to create the 16 Office of Risk and Resilience within the department; and to 17 amend Section 27-31E-2, Code of Alabama 1975, to provide that 18 the Strengthen Alabama Homes Program is housed within the 19 office. 20 BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: 21 Section 1. (a) There is created within the Department 22 of Insurance the Office of Risk and Resilience. The office 23 shall develop and implement risk controls to help promote and 24 sustain a healthy insurance market in the state and shall work 25 to solve issues of risk and resilience facing the insurance 26 market. 27 (b) The Commissioner of Insurance, in conformance with 28 Section 36-26-10, Code of Alabama 1975, may employ personnel Page HB424 INTRODUCED 29 to operate the office including one employee who is in the 30 exempt service and not subject to the state Merit System. This 31 position is in addition to any other exempt position otherwise 32 authorized by law for the department. The compensation of this 33 employee shall be set by the commissioner. 34 Section 2. Section 27-31E-2 of the Code of Alabama 35 1975, is amended to read as follows: 36 "§27-31E-2 37 (a) There is …

Sponsors

• Ellis, Corley (R, HD-041) · primary sponsor

Latest actions

1. March 17, 2026: Read for the Second Time and placed on the Calendar
2. March 17, 2026: Reported Out of Committee House of Origin
3. February 10, 2026: Pending Committee Action in House of Origin
4. February 10, 2026: Read for the first time and referred to the House Committee on Insurance

Common questions

What is HB424?

HB424 is a bill in the Alabama Legislature (2026 Regular Session): Department of Insurance; Office of Risk and Resilience created; Strengthen Alabama Homes Program placed under office.

What does HB424 do?

In its own words: A bill 12 TO BE ENTITLED 13 AN ACT 14 15 Relating to the Department of Insurance; to create the 16 Office of Risk and Resilience within the department; and to 17 amend Section 27-31E-2, Code of Alabama 1975, to provide that 18 the Strengthen Alabama Homes Program is housed within the 19 office. 20.

What is the status of HB424?

In committee as of March 17, 2026. Latest action: Read for the Second Time and placed on the Calendar (March 17, 2026).

Who sponsored HB424?

Ellis, Corley (R, HD-041).

Where is the official record for HB424?

On the Alabama Legislature website: https://alison.legislature.state.al.us/instrument/2026RS/HB424