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MS HB203
Bill
Status
Failed
3/1/2011
Primary Sponsor
Brandon Jones
Click for details
AI Summary
- Requires property and casualty insurers to bear the burden of proving by a preponderance of evidence that any policy exclusion applies to a claim or loss in civil actions brought by policyholders under "all perils" coverage policies
- Applies to any civil action alleging failure of the insurer to pay a lawful claim made under the insurance policy
- Applies retroactively to any action filed on or after July 1, 2011, regardless of when the cause of action accrued
- Takes effect July 1, 2011
Legislative Description
Civil actions; provide that P&C insurers have burden of proof for exclusions in "all perils" coverage policy.
Last Action
Died In Committee
3/1/2011
Full Bill Text
No bill text available