l9n/ Mississippi

2014 Regular Session

Senate Bill 2501

Property Insurance Clarity Act; create.

Did not become law. It stopped in the Senate's Insurance Committee on February 4, 2014. The 2014 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO CREATE THE "PROPERTY INSURANCE CLARITY ACT"; TO REQUIRE INSURANCE COMPANIES AUTHORIZED TO TRANSACT HOMEOWNERS INSURANCE BUSINESS IN THE STATE TO PROVIDE POLICY AND PREMIUM INFORMATION TO THE INSURANCE DEPARTMENT; TO REQUIRE THE DEPARTMENT TO PROVIDE ON THE DEPARTMENT WEBSITE AGGREGATE INFORMATION FOR HOMEOWNERS INSURANCE POLICIES, PERTAINING TO THE NUMBER OF POLICIES IN FORCE AND THE DIRECT INCURRED LOSSES REPRESENTING THE TOTAL OF EVERY INSURANCE COMPANY DOING BUSINESS IN THE STATE; TO REQUIRE THE DEPARTMENT TO POST ON THE DEPARTMENT WEBSITE A COMPREHENSIVE DESCRIPTION OF THE ACTUARIAL MODEL USED BY THE DEPARTMENT FOR HOMEOWNERS PROPERTIES RISK AND OTHER RELATED DATA; TO PROVIDE PENALTIES FOR INSURANCE COMPANY NONCOMPLIANCE; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

1 co-sponsor

Sean J. Tindell

Its course

January 20 to February 4, 2014, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action2 actions on 2 days

In the SenateJan 20 to Feb 4 · stopped15 days

InsuranceJan 20 to Feb 4 · stopped15 days

Text

Each version as the Legislature printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the Senate Jan 20 – Feb 4

  1. Referred to the Senate committee on Insurance
  2. Died in committee in the Senate
All 2 actions, as published