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MS HB1337

Bill

Official Source

Status

Failed

2/4/2014

Primary Sponsor

Scott DeLano

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

  • Amends Section 83-2-3 of the Mississippi Code to require that windstorm deductibles from named storm events be cumulative for all named storms occurring within the same calendar year.

  • Applies to homeowners' insurance policies that offer coverage for windstorm peril from named storms.

  • Takes effect on July 1, 2014.

Legislative Description

Windstorm insurance; require cumulative deductible for named storms occurring in same calendar year.

Last Action

Died In Committee

2/4/2014

Committee Referrals

Insurance1/20/2014

Full Bill Text

No bill text available