MS HB1323

Amends Section 83-11-101 of the Mississippi Code to require policyholders to reject uninsured motorist coverage "knowingly and intelligently" in writing, rather than by other means

Applies to both bodily injury uninsured motorist coverage (required since 1967) and property damage uninsured motorist coverage (required since 1980)

Requires insurers to inform named insureds on a Department of Insurance-approved form about the benefits and reasons for purchasing uninsured motorist coverage before rejection is valid

Establishes that a properly signed rejection form by the named insured creates a presumption of informed, knowing rejection and waiver of uninsured motorist coverage

Takes effect July 1, 2016