Any person may file with the commissioner a disclaimer of affiliation with any authorized insurer or such a disclaimer may be filed by such insurer or any member of an insurance holding company system. The disclaimer shall fully disclose all material relationships and bases for affiliation between such person and such insurer as well as the basis for disclaiming such affiliation. A disclaimer of affiliation shall be deemed to have been granted unless the commissioner, within thirty (30) days following receipt of a complete disclaimer, notifies the filing party that the disclaimer is disallowed. In the event of disallowance, the disclaiming party may request an administrative hearing, which shall be granted. The disclaiming party is relieved of any duty to register or report under this chapter which may arise out of the insurer's relationship with such person if approval of the disclaimer has been granted by the commissioner, until the commissioner disallows such a disclaimer.
Structure Mississippi Code
Chapter 6 - Registration and Examination of Insurers
§ 83-6-9. Registration statement; report of material changes or additions on amendment forms
§ 83-6-13. Insurer may register on behalf of affiliated insurer, when
§ 83-6-17. Disclaimer of affiliation; effect of filing; disallowance
§ 83-6-19. Failure to file registration statement or amendment as violation
§ 83-6-22. Acquisitions involving insurers not otherwise covered
§ 83-6-23. Factors to be considered in determining reasonableness of insurer's surplus
§ 83-6-31. Rules, regulations and orders
§ 83-6-35. Willful violations; criminal proceedings; punishment
§ 83-6-37. When commissioner may take possession and conduct business of domestic insurer
§ 83-6-39. Suspension, revocation or refusal to renew license or certificate of authority
§ 83-6-43. Certain laws superseded; remedies to be construed as supplemental
§ 83-6-47. Group-wide supervision of internationally active insurance groups