PCI Commends States for Modernizing Commercial Lines Rate and Form Filing
NASHVILLE Tenn. – Tennessee is the latest state to modernize its law on commercial lines rate and policy forms this year. Yesterday, Governor Bill Haslam signed SB 1795/HB 1598 which exempts certain types of insurance from filing requirements of commercial risk insurers. Tennessee joins Maryland and Virginia in enacting commercial lines modernization during their 2018 legislative sessions. Similar legislation in Missouri and New Hampshire has passed and is eligible for the governor’s signature in these states. Earlier this year Oregon’s commercial modernization law and the Virginia