MS Insurance Guaranty Association Law; revise to add cybersecurity insurance to.

HB 1169 amends Mississippi's Insurance Guaranty Association Law to include cybersecurity insurance under the definition of "covered claim" for insolvent insurers. It ensures claimants with cybersecurity insurance (covering data breaches, ransomware, etc.) can seek compensation through the guaranty association, similar to other insurance types. The bill sets a $300,000 cap per claimant for all first- and third-party cybersecurity claims arising from a single event. This bill died in committee on February 4, 2025, and did not become law.