Mississippi Senate Bill 2701: Insurance Fraud Detection Act; establish trust fund to assist Mississippi Insurance Department in cyber fraud.

Mississippi · 2026 Regular Session

What it does

An Act To Create The Insurance Fraud Detection Act; To Create The Insurance Department Fraud Detection Trust Fund; To Amend Section 83-2-33, Mississippi Code Of 1972, To Rename The Insurance Department Fund To The Insurance Department Fraud Detection Trust Fund, To Increase The Total Contributions From $750,000.00 To $1,000,000.00 Annually, To Remove The Requirement These Monies Be Deposited In The General Fund; To Amend Section 83-5-72, Mississippi Code Of 1972, To Rename The Insurance Department Fund To The Insurance Department Fraud Detection Trust Fund, To Increase The Total Contributions From $750,000.00 To $1,000,000.00 Annually, To Remove The Requirement These Monies Be Deposited In The General Fund; And For Other Related Purposes.

Latest action

Died In Committee (2026-02-11)

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