The rates and premiums charged for insurance policies to which this article applies may include amounts sufficient to recoup a sum equal to the amounts paid to the association by the member insurer less any amounts returned to the member insurer by the association. Such rates shall not be deemed excessive because they contain an amount reasonably calculated to recoup assessments paid by the member insurer.
Structure Mississippi Code
Chapter 23 - Insolvent Insurance Companies; Insurance Guaranty Association
Article 3 - Insurance Guaranty Association
§ 83-23-105. Application of article; exceptions
§ 83-23-111. Creation of the association
§ 83-23-115. Powers and duties of association
§ 83-23-121. Assignment of rights to association; effect of paid claims
§ 83-23-125. Prevention of insolvencies
§ 83-23-127. Examination of the association
§ 83-23-131. Recognition of assessments in rates
§ 83-23-135. Stay of proceedings; access to insolvent insurer's records