HB 1080: Insurance Companies, Agents, Brokers, Policies - As introduced, increases, from 30 to 35 days, the time that an insurance company has to remove a person as an officer or director of the company after receipt of an order from the commissioner of commerce and insurance to do so. - Amends TCA Title 4; Title 56 and Title 71.

Plain-language summary

HB 1080 is a bill introduced in the Tennessee House on February 5, 2025. According to its official title, it concerns: Insurance Companies, Agents, Brokers, Policies - As introduced, increases, from 30 to 35 days, the time that an insurance company has to remove a person as an officer or director of the company after receipt of an order from the commissioner of commerce and insurance to do so. - Amends TCA Title 4; Title 56 and Title 71. Primary sponsor: Doc Kumar (Republican). Most recent recorded action (February 10, 2025): P2C, caption bill, held on desk - pending amdt.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written