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MS HB1356

Bill

Official Source

Status

Failed

2/5/2013

Primary Sponsor

Bob Evans

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • Requires any insurance company writing policies in Mississippi that also offers property and casualty insurance in another state to offer property and casualty insurance in Mississippi, effective January 1, 2014

  • Violation of this requirement subjects insurance companies to revocation of their license to transact business in Mississippi under Section 83-5-83

  • Violating companies are also subject to penalty provisions under Section 83-5-85

  • Act takes effect July 1, 2013

Legislative Description

Insurance companies; require to offer property and casualty insurance if offered in another state.

Last Action

Died In Committee

2/5/2013

Committee Referrals

Insurance1/21/2013

Full Bill Text

No bill text available