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MS HB945
Bill
Status
Failed
1/31/2017
Primary Sponsor
Richard Bennett
Click for details
AI Summary
- Shifts burden of proof to property and casualty insurers in lawsuits brought by policyholders under "all perils" coverage policies
- Requires insurers to prove by preponderance of the evidence that any policy exclusion applies to the claim or loss in dispute
- Applies to all civil actions alleging insurer failure to pay a lawful claim under an "all perils" policy
- Takes effect July 1, 2017 and applies to all actions filed on or after that date, regardless of when the cause of action accrued
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
1/31/2017
Committee Referrals
Insurance1/16/2017
Full Bill Text
No bill text available