House Bill 361 Summary

• Requires property and casualty insurers to attach a "Mississippi Consumer Insurance Policyholder Bill of Rights" to all homeowners, renters, and mobile home insurance policies sold in the state.

• Establishes 23 specific consumer rights including prohibitions on false statements, concurrent causation exclusions, unfair discrimination, requirements for written explanations of coverage denials, claim processing timelines (15 calendar days for acknowledgment, 15 business days for approval/denial), and 18% annual interest plus attorney's fees for late claim payments.

• Shifts burden of proof to insurers in homeowners policy disputes, requiring insurers to prove by clear and convincing evidence that policy exclusions apply to claims.

• Amends insurance law to classify policies with concurrent causation exclusions as unfair and deceptive practices.

• Prohibits the Commissioner of Insurance from receiving campaign contributions or gifts from any insurance company doing business in Mississippi, with violations constituting a felony punishable by fines up to $1,000 and up to 3 years imprisonment.