Mississippi House Bill 1137 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on January 30 2018 - 100% progression
Action: 2018-01-30 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Amend Sections 83-11-1, 83-11-7, 83-5-28, 71-3-77 And 83-11-101, Mississippi Code Of 1972, To Provide That A Notice Of Nonrenewal Is Not Required When A Replacement Policy Form Is Issued By The Same Insurer Or When An Insured Is Transferred To A Licensed Affiliate Of The Insurer, So Long As The Transfer Or Replacement Results In The Same Or Substantially Similar Coverage; To Provide That Documents Signed By The Insured Are Applicable To The Replacement Policy Form, The Coverage Transferred To A Licensed Affiliate Insurer, Or Both, And Remain Valid And Enforceable; To Require A Transferring Insurer To Provide Notice Of The Policy Transfer To The Mississippi Insurance Department And To The Policyholder; And For Related Purposes.

Insurance companies; revise notice requirements when transferring policies to an affiliated insurer.

Rep. Jerry Turner [R]

Date	Chamber	Action
2018-01-30	House	Died In Committee
2018-01-15	House	Referred To Insurance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2018/pdf/history/HB/HB1137.xml
Text	https://billstatus.ls.state.ms.us/documents/2018/html/HB/1100-1199/HB1137IN.htm