Insurance Companies, Agents, Brokers, Policies - As introduced, increases, from 30 to 35 days, the time that an insurance company has to remove a person as an officer or director of the company after receipt of an order from the commissioner of commerce and insurance to do so. - Amends TCA Title 4; Title 56 and Title 71.

HB 1080 extends the deadline for Tennessee insurance companies to remove an officer or director following a regulatory order from 30 to 35 days. This change directly affects insurance companies and their officers or directors who face action from the insurance commissioner. The bill amends Tennessee Code Sections 56-2-103(b) and related titles to implement this 5-day extension. The provision is a straightforward procedural adjustment with no other policy changes described in the bill text.