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MS HB445

Bill

Official Source

Status

Failed

2/1/2022

Primary Sponsor

Ronnie Crudup

Click for details

Origin

House of Representatives

2022 Regular Session

AI Summary

  • Property and casualty insurers must require policyholders to clean up blighted real property before receiving more than one-fourth (25%) of any damages owed under their policy

  • The Commissioner of Insurance is responsible for enforcing these requirements and must adopt any necessary rules or regulations

  • Effective date: July 1, 2022

Legislative Description

Property and casualty insurance; require blighted real property to be cleaned up before insurer pays insured more than one-fourth of damages.

Last Action

Died In Committee

2/1/2022

Committee Referrals

Insurance1/5/2022

Full Bill Text

No bill text available