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TN SB0711

TN SB0711
AN ACT to amend Tennessee Code Annotated, Title 4; Title 56 and Title 71, relative to insurance.


summary

Introduced
02/03/2025
In Committee
Crossed Over
Passed
Dead

Introduced Session

114th General Assembly

Bill Summary

As introduced, decreases from 30 to 21 days, the amount of time each insurer of personal risk insurance must file with the commissioner of commerce and insurance before the proposed effective date of all rates, supplementary rate information, supporting information, policy forms, and endorsements. - Amends TCA Title 4; Title 56 and Title 71.

AI Summary

This bill, by amending Tennessee Code Annotated Section 56-5-105(a), shortens the required advance notice period for insurers offering personal risk insurance to file proposed rates, supplementary rate information, supporting information, policy forms, and endorsements with the commissioner of commerce and insurance from 30 days to 21 days before the effective date of these changes, aiming to streamline the regulatory process.

Committee Categories

Business and Industry

Sponsors (4)

Last Action

Senate Commerce And Labor Hearing (15:00:00 3/10/2026 Cordell Hull Building) (on 03/10/2026)

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