Bill Text | History of Actions | Background | Title |
Description: Insurance; set forth Mississippi Homeowner Insurance Policyholder Bill of Rights.
Bill Text: [Introduced]
| 1 | 01/15 (H) Referred To Insurance | |
| 2 | 01/30 (H) Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Formby
Additional Author: Upshaw
Title: AN ACT TO PROVIDE FOR THE "MISSISSIPPI HOMEOWNER INSURANCE POLICYHOLDER BILL OF RIGHTS"; TO SET FORTH THE PURPOSE OF THE ACT AND LEGISLATIVE FINDINGS; TO SET FORTH CERTAIN RIGHTS OF POLICYHOLDERS WITH REGARD TO INSURANCE POLICIES PROVIDED BY INSURANCE COMPANIES WRITING HOMEOWNERS PERSONAL LINES RESIDENTIAL PROPERTY COVERAGE INSURANCE POLICIES IN THE STATE; TO PROVIDE THAT NO HOMEOWNERS PERSONAL LINES RESIDENTIAL PROPERTY COVERAGE INSURANCE POLICY MAY BE ISSUED UNLESS AN "OUTLINE OF COVERAGE" ACCOMPANIES THE POLICY; TO SET FORTH THE SPECIFIC INFORMATION THAT MUST BE INCLUDED IN THE OUTLINE OF COVERAGE, INCLUDING A COMPREHENSIVE CHECKLIST ALLOWING THE INSURER TO CLEARLY KNOW WHAT COVERAGE IS INCLUDED AND EXCLUDED IN THE POLICY; TO PROVIDE THAT NOTHING IN THE ACT SHALL BE CONSTRUED AS CREATING A CIVIL CAUSE OF ACTION BY ANY INDIVIDUAL POLICYHOLDER AGAINST ANY INDIVIDUAL INSURER OR INSURANCE PRODUCER; TO SET FORTH PENALTIES FOR VIOLATIONS OF THIS ACT; AND FOR RELATED PURPOSES.
End Of Document
2007/html/History/HB/HB1258.htm