HB1826Enacted

Amends TCA Title 56, Chapter 22.

Tennessee HB1826 amends Title 56, Chapter 22 of the Tennessee Code Annotated by increasing the retained risk limit for a single risk covered by a policy of insurance issued by a county mutual insurance company from $100,000 to $250,000. This change affects county mutual insurance companies and their policyholders by allowing these companies to retain a higher level of risk for individual insurance policies. The key provision is the adjustment of the retained risk limit, which may impact the financial operations and risk management strategies of these insurance providers.

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Overview

Tennessee HB1826 amends Title 56, Chapter 22 of the Tennessee Code Annotated by increasing the retained risk limit for a single risk covered by a policy of insurance issued by a county mutual insurance company from $100,000 to $250,000. This change affects county mutual insurance companies and their policyholders by allowing these companies to retain a higher level of risk for individual insurance policies. The key provision is the adjustment of the retained risk limit, which may impact the financial operations and risk management strategies of these insurance providers.

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Sponsor

Eldridge, Rick

Details
Session

114th General Assembly

Introduced

January 21, 2026

Last Action

May 4, 2026

Comp. became Pub. Ch. 739

Subjects
Insurance Companies, Agents, Brokers, PoliciesInsurance, LiabilityInsurance, Fire and Casualty

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