HB151 — Insurance Companies, Agents, Brokers, Policies - As enacted, makes various changes to the “Tennessee Life and Health Insurance Guaranty Association Act,” which include excluding from coverage certain persons receiving payments through structured settlements, establishing procedures during delinquency proceedings, setting the amount of assessments for long-term care insurance written by impaired or insolvent member insurers, and other changes. - Amends TCA Section 56-12-202; Section 56-12-203; Section 56-12-204; Section 56-12-205; Section 56-12-207; Section 56-12-208 and Section 56-12-218.

HB151 — Insurance Companies, Agents, Brokers, Policies - As enacted, makes various changes to the “Tennessee Life and Health Insurance Guaranty Association Act,” which include excluding from coverage certain persons receiving payments through structured settlements, establishing procedures during delinquency proceedings, setting the amount of assessments for long-term care insurance written by impaired or insolvent member insurers, and other changes. - Amends TCA Section 56-12-202; Section 56-12-203; Section 56-12-204; Section 56-12-205; Section 56-12-207; Section 56-12-208 and Section 56-12-218. · Informed CitizenryHB151 amends the Tennessee Life and Health Insurance Guaranty Association Act. The bill modifies specific language regarding membership requirements, the terminology used to describe the associatio…Open in Informed Citizenry