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MS HB877
Bill
Status
Failed
2/5/2013
Primary Sponsor
Richard Bennett
Click for details
AI Summary
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Places the burden of proof on property and casualty insurers to demonstrate that policy exclusions apply when policyholders sue over denied "all perils" coverage claims
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Requires insurers to prove exclusion applicability by a preponderance of the evidence standard
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Applies to civil actions filed on or after July 1, 2013, regardless of when the underlying claim or loss occurred
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Effective date of July 1, 2013
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
2/5/2013
Committee Referrals
Insurance1/21/2013
Full Bill Text
No bill text available