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Bill > SB0711
TN SB0711
TN SB0711AN ACT to amend Tennessee Code Annotated, Title 4; Title 56 and Title 71, relative to insurance.
summary
Introduced
02/03/2025
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)
bill text
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0711&ga=114 |
| Fiscal Note - SB0711 | https://www.capitol.tn.gov/Bills/114/Fiscal/SB0711.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/SB0711.pdf |
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