ND HB1150

Amends section 26.1-13-12 to allow county mutual insurance companies to operate statewide for specific coverage types including tornadoes, windstorms, cyclones, hail (except growing crops), livestock hazards, and seasonal dwellings when the primary residence is insured by the company in an authorized county.

Adds new subsection 3.f to permit coverage of seasonal dwellings in all counties if the policyholder's primary residence is already insured by the company in an authorized county.

Modifies section 26.1-13-15 to increase the gross written premium limit in cities with population over 10,000 from 25 percent to 35 percent of the company's previous year gross written premiums.

Clarifies that policies covering residential properties within incorporated cities are limited to the actual place of residence and appurtenant structures or rental properties with no more than four residential rental units.

Passed with unanimous support: House vote 89-0 (5 absent), Senate vote 47-0.