Loading chat...
MS HB71
Bill
Status
Failed
2/4/2025
Primary Sponsor
Ronnie Crudup
Click for details
AI Summary
- Requires property and casualty insurers to mandate that insured parties clean up blighted real property before the insurer reimburses damages
- Limits insurer reimbursement to no more than 90% of damages owed, with the remaining 10% potentially paid by the county or municipality where the property is located
- Grants the Commissioner of Insurance authority to enforce these provisions and adopt necessary rules and regulations
- Takes effect July 1, 2025
Legislative Description
Property and casualty insurance; require blighted real property to be cleaned up before insurer pay insured certain amount.
Last Action
Died In Committee
2/4/2025
Committee Referrals
Insurance1/10/2025
Full Bill Text
No bill text available