MS HB1040 | 2012 | Regular Session
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 2)
Status: Failed on March 6 2012 - 100% progression
Action: 2012-03-06 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Sponsorship: Partisan Bill (Democrat 2)
Status: Failed on March 6 2012 - 100% progression
Action: 2012-03-06 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Provide That No Insurer Shall Be Entitled To Additional Premium For Any Property And Casualty Policy In Effect For A Certain Period Of Time When There Has Been No Material Change In The Circumstances Of The Insured From Those Stated In The Application For The Policy; To Require 30 Days' Notice For A Premium Increase When There Has Been A Material Change In The Circumstances Of The Insured From Those Stated In The Application For The Policy; To Prohibit An Insurer From Cancelling A Property And Casualty Policy After The Initial Policy Has Been In Effect For 60 Days Or More, Except In Certain Instances; And For Related Purposes.
Title
Property/casualty insurance; prohibit premium increase for certain policies when no change in circumstances of insured.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2012-03-06 | Died In Committee | |
| 2012-02-20 | Referred To Insurance |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2012/pdf/history/HB/HB1040.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2012/html/HB/1000-1099/HB1040IN.htm |
