SB 1049: Insurance Companies, Agents, Brokers, Policies - As introduced, requires an insurance company that increases its premiums to give 45 days' notice rather than 30 days' notice of the increase to a customer who has an account paid by bank draft or preauthorized check. - Amends TCA Title 56.

Plain-language summary

SB 1049 is a bill introduced in the Tennessee Senate on February 5, 2025. According to its official title, it concerns: Insurance Companies, Agents, Brokers, Policies - As introduced, requires an insurance company that increases its premiums to give 45 days' notice rather than 30 days' notice of the increase to a customer who has an account paid by bank draft or preauthorized check. - Amends TCA Title 56. Primary sponsor: Steve Southerland (Republican). Most recent recorded action (February 12, 2025): Passed on Second Consideration, refer to Senate Commerce and Labor Committee.

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