MS HB1347 | 2024 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 5 2024 - 100% progression
Action: 2024-03-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Sections 83-11-17 And 83-11-19, Mississippi Code Of 1972, To Remove The Requirement Of A Fifteen Dollar Filing Fee In Automobile Cancellation Or Nonrenewal Appeals; To Amend Section 83-17-71, Mississippi Code Of 1972, To Extend The Time Frame From Which An Insurance Producer Whose License Has Been Revoked Or Forfeited May Reapply For Licensure; To Amend Section 83-17-251, Mississippi Code Of 1972, To Exempt From Prelicensing Requirements Individuals Seeking Licensure In The Life Line Of Authority Only; To Amend Section 83-17-523, Mississippi Code Of 1972, To Clarify The Compensation Of A Public Adjuster; To Provide That A Public Adjuster Shall Not Participate In The Reconstruction, Repair Or Restoration Of Damaged Property That Is The Subject Of A Claim Adjusted By The Adjuster; To Provide That A Public Adjuster Shall Not Engage In Any Activities That May Be Reasonably Construed As A Conflict Of Interest; To Provide That A Public Adjuster Shall Not Have A Financial Interest In Any Salvage, Repair Or Any Other Business Entity That Obtains Business In Connection With Any Claim That The Public Adjuster Has A Contract To Adjust; To Authorize The Commissioner Of Insurance To Adopt Rules And Regulations To Allow Him, During A Company Examination, To Examine And Address Any Inequalities Regarding Provider Reimbursement Rates Paid By An Insurer, Subcontractor, Other Payor Or By Third-party Administrators; To Provide That Failure To Comply With Rules And Regulations Adopted By The Commissioner May Result In A Fine Not To Exceed $10,000.00 Per Violation; To Add A Three-year Repealer To The Section; And For Related Purposes.

Tracking Information

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Title

Insurance; revise various provisions regarding.

Sponsors


History

DateChamberAction
2024-03-05HouseDied In Committee
2024-02-19HouseReferred To Insurance

Code Citations

ChapterArticleSectionCitation TypeStatute Text
831117Amended CodeSee Bill Text
831119Amended CodeSee Bill Text
8317251Amended CodeSee Bill Text
8317523Amended CodeSee Bill Text
831771Amended CodeSee Bill Text

Mississippi State Sources


Bill Comments

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