Bill Text: MS HB564 | 2010 | Regular Session | Introduced


Bill Title: Homeowners insurance; require the Commissioner of Insurance to make an annual report evaluating companies offering.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Failed) 2010-02-02 - Died In Committee [HB564 Detail]

Download: Mississippi-2010-HB564-Introduced.html

MISSISSIPPI LEGISLATURE

2010 Regular Session

To: Insurance

By: Representative Peranich

House Bill 564

AN ACT TO REQUIRE THE COMMISSIONER OF INSURANCE TO MAKE AN ANNUAL REPORT EVALUATING THE PERFORMANCE OF INSURANCE COMPANIES OFFERING HOMEOWNERS PERSONAL LINES RESIDENTIAL INSURANCE PROPERTY COVERAGE WITHIN THE STATE OF MISSISSIPPI; AND FOR RELATED PURPOSES.

     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

     SECTION 1.  The Commissioner of Insurance shall make an annual report to all Mississippi residents, by means of Internet access or providing paper copies of the report to any resident requesting same, evaluating the performance of insurance companies offering homeowners personal lines residential insurance property coverage, including renters/tenants insurance and mobile home/manufactured housing property coverage, with regard to property claims based on damage incurred within the state, including the number of insurance claims paid, the total dollar amount of claims paid, the number of claims denied, the total dollar amount of claims denied and the number of claims filed against each such insurance company.

     SECTION 2.  This act shall take effect and be in force from and after July 1, 2010.

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