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SB 231

Insurance Companies, Agents, Brokers, Policies - As enacted, requires TACIR to conduct a study on the feasibility of implementing and potential effects of enacting the insurance coverage requirements proposed in Senate Bill 231 of the 114th General Assembly, as originally filed; requires TACIR to publish a report of its findings and recommendations. - Amends TCA Title 8; Title 56; Title 63; Title 68 and Title 71.

114th Regular Session (2025-2026) Introduced by Raumesh Akbari

Tennessee directs TACIR to study feasibility of previously-proposed insurance coverage mandates and report findings to inform future legislative action on insurance requirements.

Pub. Ch. 416
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Bill Summary · SB 231

Legislative bill overview

SB 231 directs the Tennessee Advisory Commission on Intergovernmental Relations (TACIR) to study the feasibility and potential effects of implementing specific insurance coverage requirements that were proposed in the original Senate Bill 231 from the 114th General Assembly. The bill requires TACIR to publish a formal report with findings and recommendations, and makes amendments to multiple Tennessee Code Annotated titles governing insurance and related matters.

Why is this important

This study will inform future legislative decisions about whether and how to mandate certain insurance coverages in Tennessee, potentially affecting insurance costs, availability, and consumer protections. The outcome could influence what types of coverage insurers must offer, which has direct implications for both consumers and the insurance industry's operational and financial landscape.

Potential points of contention

  • Undefined scope: The bill references coverage requirements from an earlier proposal without detailing what those specific requirements are, making it unclear what the study will actually evaluate
  • Insurance industry impact: Mandated coverage requirements typically increase costs for insurers and consumers; industry stakeholders may oppose expansive recommendations while consumer advocates push for broader protections
  • Implementation feasibility questions: The study must address whether requirements are practically and economically viable for Tennessee's insurance market, which could reveal conflicts between consumer desires and market realities

Compiled from official sources — confirm details with the bill’s official record.

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