SB2450 - Tennessee - Commerce And Insurance, Dept. Of, Insurance Companies, Agents, Brokers, Policies

Insurance Companies, Agents, Brokers, Policies - Requires policies of insurance that exclude punitive damages to have such exclusion in a bold font and be included in the policy declarations; requires the insurance producer to communicate such information with the purchaser or prospective purchaser when negotiating for the purchase or renewal of a contract of insurance. - Amends TCA Title 56.

Increase State Expenditures - Not Significant