Montana legislation · 2025 Regular Session
Montana SB530: Generally revise insurance laws relating to nonrenewals and cancellation of certain insurance policies
Status: Failed, May 23, 2025
What the bill says
A bill for an act entitled: "an act generally revising insurance laws relating to nonrenewals and cancellations of insurance policies; requiring the insurer to provide the reasons for nonrenewal; amending notice timelines for an insurer to send notice of cancellation or nonrenewal; and amending sections 33-15-1104, 33-151105, 33-15-1106, 33-15-1107, 33-23-212, 33-23-213, 33-23-214, and 33-23-401, mca.".
From the engrossed text:
A BILL FOR AN ACT ENTITLED: "AN ACT GENERALLY REVISING INSURANCE LAWS RELATING TO NONRENEWALS AND CANCELLATIONS OF INSURANCE POLICIES; REQUIRING THE INSURER TO PROVIDE THE REASONS FOR NONRENEWAL; AMENDING NOTICE TIMELINES FOR AN INSURER TO SEND NOTICE OF CANCELLATION OR NONRENEWAL; AND AMENDING SECTIONS 33-15-1104, 33-151105, 33-15-1106, 33-15-1107, 33-23-212, 33-23-213, 33-23-214, AND 33-23-401, MCA." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA: Section 1. Section 33-15-1104, MCA, is amended to read: "33-15-1104. Anniversary cancellation -- anniversary rate increases. (1) An insurer may issue a policy for a term longer than 1 year or for an indefinite term if the policy contains a clause that allows cancellation by the insurer if the insurer gives notice 45 90 days prior to an anniversary date. (2) If a policy has been issued for a term longer than 1 year and for additional premium consideration an annual premium has been guaranteed, the insurer may not increase the annual premium for the term of that policy." Section 2. Section 33-15-1105, MCA, is amended to read: "33-15-1105. Nonrenewal -- renewal premium. (1) (a) An insured has a right to reasonable notice of nonrenewal. Unless otherwise provided by statute or unless a longer term is provided in the policy, at least 45 90 days prior to the expiration date provided in the policy, …
Sponsors
- Morigeau, Shane (D, 50) · primary sponsor
Latest actions
- : (S) Died in Process
- : (S) Missed Deadline for General Bill Transmittal
- : (S) Tabled in Committee
- : (S) Hearing
- : (S) 1st Reading
- : (S) Referred to Committee
- : (S) Introduced
- : (LC) Draft Delivered to Requester
- : (LC) Draft Ready for Delivery
- : (LC) Draft in Assembly
Subjects: Housing, Insurance
Common questions
- What is SB530?
- SB530 is a bill in the Montana Legislature (2025 Regular Session): Generally revise insurance laws relating to nonrenewals and cancellation of certain insurance policies.
- What does SB530 do?
- In its own words: A bill for an act entitled: "an act generally revising insurance laws relating to nonrenewals and cancellations of insurance policies; requiring the insurer to provide the reasons for nonrenewal; amending notice timelines for an insurer to send notice of cancellation or nonrenewal; and amending sections 33-15-1104, 33-151105, 33-15-1106, 33-15-1107, 33-23-212, 33-23-213, 33-23-214, and 33-23-401, mca.".
- What is the status of SB530?
- Failed as of May 23, 2025. Latest action: (S) Died in Process (May 23, 2025).
- Who sponsored SB530?
- Morigeau, Shane (D, 50).
- Where is the official record for SB530?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC1803
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.