Bill > HB1826

This bill, amending Tennessee Code Annotated Title 56, Chapter 22, increases the maximum amount of money a county mutual insurance company can retain for a single risk, meaning the most it can be liable for on one policy, from $100,000 to $250,000. This change is intended to allow these types of insurance companies, which are organized at the county level and often focus on specific local needs, to take on larger individual policy risks. The bill will become effective on July 1, 2026.