Increased Retained Risk Limit for County Mutual Insurance Policies
Under this new law, the retained risk limit for a single risk covered by an insurance policy issued by a county mutual insurance company in Tennessee has been increased from $100,000 to $250,000. This change affects both the insurance companies and their customers who rely on these policies for coverage. The exact effective date of this law is not specified.
$100,000 retained risk limit for a single risk covered by an insurance policy issued by a county mutual insurance company.
Under this new law, the retained risk limit for a single risk covered by an insurance policy issued by a county mutual insurance company in Tennessee has been increased from $100,000 to $250,000. This change affects both the insurance companies and their customers who rely on these policies for coverage. The exact effective date of this law is not specified.