read Read

e-mail E-mailprint Print

2004 Summary of New State Laws - Missouri

Issue

Bill #

Bill Description

Motor Vehicle Insurance

(Salvage)

SB 1233

Amends provisions regarding salvage vehicles, towing companies and commercial driver licenses, and regulate the sale of motor vehicle extended service contracts.

Omnibus Property/Casualty Law

SB 1299

Amends the Property and Casualty Insurance Guaranty Association Act, provide that an automobile insurance policy with no fixed expiration date would be considered a six-month policy, repeal the bond requirement for a surplus lines license, and raise the liability limit on residential insurance policies issued under the FAIR plan from $100,000 to $200,000. Effective 8/28/04.

The information contained in this summary is not intended as a portrayal of every property/casualty-related law enacted in each state. Rather, it represents recently enacted legislation specifically identified by NAMIC State and Regulatory Affairs Staff as bearing direct relevance to those issues that represent NAMIC's National State Legislative Agenda or otherwise deemed pertinent to the interests of the majority of NAMIC members.

This summary is for use as a convenient tool for our members, and is not intended, and should not be considered to be, legal advice. Please consult your legal representatives.

Missouri State Resource Center