Sunday, 09/24/2017 888-867-5633 communications@msla.org

On May 15, 2017, the Mississippi Insurance Department issued Bulletin 2017-3 providing guidance regarding House Bill 447 and adoption of the informational notice form. During the 2017 Regular Legislative Session , the Mississippi Legislature passed House Bill 447, which amended Miss. Code Ann. 83-21-19 and 83-21-23, by removing the diligent search requirement an insurance producer must perform before placing a risk in the surplus lines market.  House bill 447 also requires the surplus lines producer to furnish an informational notice to the insured in conjunction with any personal lines placement.