MS HB160

Renames the "Limited Lines Travel Insurance Act" to the "Travel Insurance Act of 2022" and establishes a comprehensive regulatory framework for selling travel insurance in Mississippi

Defines key terms including "travel insurance" (covering trip cancellation, lost baggage, rental vehicle damages, sickness/death during travel, emergency evacuation, repatriation of remains), "travel protection plans," "travel administrators," and "eligible groups" for blanket coverage

Requires travel insurers to pay premium tax on policies sold to Mississippi residents, with taxes based on the policyholder's state of residence or principal place of business

Establishes licensing requirements for limited lines travel insurance producers and travel retailers, including mandatory training programs, registration with the Department of Insurance, and compliance with unfair trade practice laws

Prohibits negative option/opt-out sales tactics (pre-checked boxes), marketing blanket travel insurance as "free," and selling policies that could never result in claim payments; requires 10-15 day cancellation period for full refunds

Effective date: July 1, 2022