Property and casualty insurance; require blighted real property to be cleaned up before insurer pays insured certain damages.

Plain English Breakdown

The bill did not pass and therefore will not take effect.

Cleaning Up Blighted Property Before Insurance Payment

This bill requires property and casualty insurers to make sure that blighted real property is cleaned up before paying more than one-fourth of the damages owed.

What This Bill Does

• Requires insurance companies to demand that owners clean up their blighted properties before they can receive more than a quarter of any damage payments.
• Gives the Commissioner of Insurance the power to enforce these rules and make necessary regulations.

Who It Names or Affects

• Property and casualty insurance companies in Mississippi
• Owners or insured parties with blighted real property

Terms To Know

Blighted Real Property

Properties that are in poor condition, often abandoned or neglected.

Commissioner of Insurance

The person responsible for overseeing and regulating insurance companies in a state.

Limits and Unknowns

• This bill did not pass during the session it was introduced.
• It is unclear how many properties would be considered blighted under this law.
• There are no details on what specific cleanup requirements or costs might apply to property owners.

Official Summary Text

Property and casualty insurance; require blighted real property to be cleaned up before insurer pays insured certain damages.

Current Bill Text

S. B. No. 2690 *SS08/R1193* ~ OFFICIAL ~ G1/2
26/SS08/R1193
PAGE 1 (rdd\kr)
ST: Property and casualty insurance; require
blighted real property to be cleaned up before
insurer pays insured certain damages.
To: Insurance
MISSISSIPPI LEGISLATURE REGULAR SESSION 2026

By: Senator(s) Norwood, Thomas

SENATE BILL NO. 2690

AN ACT TO REQUIRE PROPERTY AND CASUALTY INSURERS TO REQUIRE 1
BLIGHTED REAL PROPERTY TO BE CLEANED UP BEFORE PAYING MORE THAN 2
ONE-FOURTH OF THE DAMAGES OWED; TO REQUIRE THE COMMISSIONER OF 3
INSURANCE TO ENFORCE THE PROVISIONS OF THIS ACT AND ADOPT ANY 4
RULES OR REGULATIONS NECESSARY; AND FOR RELATED PURPOSES. 5
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: 6
SECTION 1. Any property and casualty insurer providing 7
coverage for blighted real property in this state shall require 8
that the insured clean up the blighted real property before 9
reimbursing the insured for more than one-fourth (1/4) of the 10
amount of any damages owed to the insured by the insurer. The 11
Commissioner of Insurance shall enforce the provisions of this 12
section and shall adopt any rules or regulations necessary. 13
SECTION 2. This act shall take effect and be in force from 14
and after July 1, 2026. 15