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TN HB1076

TN HB1076
AN ACT to amend Tennessee Code Annotated, Title 4; Title 56 and Title 71, relative to insurance.


summary

Introduced
02/05/2025
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 shortens the required advance notice period for insurance companies in Tennessee, specifically those offering personal risk insurance, from thirty (30) days to twenty-one (21) days before they can implement changes to their rates, supplementary rate information, supporting information, policy forms, and endorsements. This means insurers will have less time to file these proposed changes with the commissioner of commerce and insurance, who oversees insurance matters in the state, before they become effective, a change deemed necessary for the public welfare.

Sponsors (1)

Last Action

Sponsor change. (on 01/14/2026)

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