Senate committee substitute to the 1st edition makes the following changes. Amends GS 58-45-41 to decrease the cap on insurance for commercial property from $5 million to $4 million. Removes proposed changes which, starting on June 1, 2024, would have provided that the monetary limits on habitational property and commercial property are removed from GS 58-45-41, and instead the maximum insurance coverage for both types of properties would have been set at a figure recommended by the North Carolina Insurance Underwriting Association and approved by the Insurance Commissioner.