Mississippi House Bill 1198 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on February 1 2011 - 100% progression
Action: 2011-02-01 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Create The Department Of Insurance Transparency Act; To Require Each Insurance Company Authorized To Do Business In The State Of Mississippi To Provide Policy And Premium Information To The Department Of Insurance; To Require The Department To Provide On Its Website Aggregate Data, Maintained Separately For Homeowners' And Commercial Property Insurance Policies, Of The Number Of Policies Written, The Direct Earned Premiums, And The Direct Incurred Losses, Representing The Total Of Every Admitted Insurance Company Doing Business In The State; To Require The Department To Post On Its Website A Comprehensive Description Of The Actuarial Model Used By The Department For Homeowner's And Commercial Properties Risk And Other Related Data; And To Provide Penalties For Insurance Company Noncompliance; And For Related Purposes.

Department of Insurance Transparency Act; enact.

Sen. Scott DeLano [R]

Rep. Alex Monsour [R]

Date	Chamber	Action
2011-02-01		Died In Committee
2011-01-17		Referred To Insurance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2011/pdf/history/HB/HB1198.xml
Text	https://billstatus.ls.state.ms.us/documents/2011/html/HB/1100-1199/HB1198IN.htm