Mississippi Code
Title 83 - Insurance

§ 83-1-4. Rules and regulations relative to certain general liability insurance policies - The Commissioner of Insurance is hereby authorized and directed to...

§ 83-1-5. Compensation and employees - The commissioner shall receive a compensation to be fixed by...

§ 83-1-7. Deputy - The commissioner shall have authority to appoint, with the consent...

§ 83-1-9. Offices - Suitable offices in the Statehouse for conducting the business of...

§ 83-1-11. Seal - The Department of Insurance shall have a seal, around the...

§ 83-1-13. Monthly report; payment of taxes to state treasurer - The commissioner shall furnish to the Auditor on or before...

§ 83-1-15. Annual report to governor - The commissioner shall, on or before the first day of...

§ 83-1-17. Laws enforced by suit - Compliance with the provisions of this title as to deposits,...

§ 83-1-19. Group insurance for state employees - The state insurance commissioner is hereby authorized, empowered and directed,...

§ 83-1-21. Reports on file as public record - The commissioner shall keep in his office for public inspection...

§ 83-1-23. Examination before granting authority - Before granting a certificate of authority to any insurance company...

§ 83-1-27. Examination of foreign concerns; funding of agency expenses; deposit of monies into State General Fund - Whenever the Commissioner of Insurance deems it prudent for the...

§ 83-1-29. Suspension or revocation of certificate of authority - Whenever it shall appear to the commissioner, upon examination or...

§ 83-1-31. Audit of books to determine tax liability - When, in the judgment of the Insurance Commissioner, or upon...

§ 83-1-33. Taxpayer liable for cost of audit - When the insurance commissioner shall elect to audit, examine, or...

§ 83-1-35. Reward in case of willful destruction by fire or explosion of real or personal property within state - The Commissioner of Insurance is hereby authorized, in his discretion,...

§ 83-1-43. Authority of commissioner to enforce federal "Health Insurance Portability and Accountability Act of 1996." - The Commissioner of Insurance may make use of any of...

§ 83-1-45. Commissioner of Insurance to adopt rules and regulations governing disclosure of nonpublic personal information by insurance licensees - The Commissioner of Insurance may adopt any rules and regulations...

§ 83-1-47. Commissioner of Insurance authorized to establish nonbinding, nonadversarial alternative dispute resolution procedure for personal lines insurance claims - The Commissioner of Insurance may make use of any of...

Jurisdiction Over Health Care Providers

§ 83-1-101. Jurisdiction of Insurance Department; exception - Notwithstanding any other provision of law to the contrary, and...

§ 83-1-103. Proof to show jurisdiction of other body - A person or entity may show that it is subject...

§ 83-1-105. Examination to determine solvency and organization of person or entity furnishing services - Any person or entity which is unable to show under...

§ 83-1-107. Application of provisions - Any person or entity unable to show that it is...

§ 83-1-109. Disclosure of insurance provisions - Any production agency or administrator which advertises, sells, transacts, or...

Administrative Supervision of Insurers by Commissioner of Insurance

§ 83-1-151. Definitions - As used in Sections 83-1-151 through 83-1-169, the following items...

§ 83-1-153. Application of provisions - The provisions of Sections 83-1-151 through 83-1-169 shall apply to:...

§ 83-1-159. Administrative supervisor; prohibited activities of insurer - During the period of supervision, the commissioner or his designated...

§ 83-1-161. Right of insurer to contest action taken or proposed to be taken by supervisor; appeals - During the period of supervision the insurer may contest an...

§ 83-1-163. Right of commissioner to initiate judicial proceedings, liquidation proceedings, or other delinquency proceedings - Nothing contained in Sections 83-1-151 through 83-1-169 shall preclude the...

§ 83-1-165. Adoption of rules by commissioner - The commissioner is empowered to adopt reasonable rules necessary for...

§ 83-1-167. Right of commissioner to meet with supervisor, or his representative, without presence of any other person - The commissioner may meet with a supervisor appointed under Sections...

§ 83-1-169. Immunity from liability - There shall be no liability on the part of, and...

Comprehensive Hurricane Damage Mitigation Program

§ 83-1-191. Comprehensive hurricane damage mitigation program established; cost-benefit study on wind hazard mitigation construction measures; inspections; financial grants for residential retrofits; public education; advisory council; rules and regu... - 1. A home inspection and report that summarizes the results...

Mississippi Windstorm Mitigation Coordinating Council -

Chapter 2 - Competitive Rating for Property and Casualty Insurance

§ 83-2-5. Filing of rates and related information by residual market mechanisms - Residual market mechanisms shall file with the commissioner all rates,...

§ 83-2-21. Prohibition of insurer agreements as to adherence to or use of rates and related information; exception for insurers under common ownership or management - An insurer may not agree with any other insurer to...

§ 83-2-27. Payment of dividends, savings or unabsorbed premium deposits to insureds - Nothing in this chapter shall be construed to prohibit or...

§ 83-2-31. Appeals; rates charged pending disposition of appeal - Any order issued by the commissioner under this chapter may...

§ 83-2-33. Property and casualty insurance companies to contribute to Insurance Department Fund; funding of agency expenses; deposit of monies into State General Fund - All property and casualty insurance companies doing business in this...

Chapter 3 - Commissioner of Insurance, Rating Bureau and Rates

Article 1 - Commissioner of Insurance and Rating Bureau

§ 83-3-2. Meaning of "Insurance Commission." - Any reference to Insurance Commission in Title 83 shall mean...

§ 83-3-5. Rating bureau - All fire insurance companies organized or admitted to do business...

§ 83-3-7. Members of bureau - Each fire insurance company licensed to do business in this...

§ 83-3-9. Expense of bureau paid by companies - The expense of the organization, maintenance, and operation of the...

§ 83-3-11. Funds provided by assessment against companies - It shall be the duty of the Rating Bureau to...

§ 83-3-13. Bureau to inspect every risk rated - The Rating Bureau, through its members and employees, shall inspect...

§ 83-3-17. Bureau not to make agreement for placing insurance - The rating bureau, or any of its officers, shall not...

§ 83-3-19. Rating Bureau to furnish information to Commissioner of Insurance - The Rating Bureau is required to answer any inquiries that...

§ 83-3-21. Examination of Rating Bureau; reports - The Commissioner of Insurance shall have the power to examine...

§ 83-3-23. Bureau not to discriminate in rates - The Rating Bureau shall not recommend any rate for insurance...

Article 3 - Casualty Insurance Rates

§ 83-3-121. Rebates prohibited - No insurance company, or employee thereof, and no broker or...

Chapter 5 - General Provisions Relative to Insurance and Insurance Companies

Article 1 - General Provisions

§ 83-5-1. Concerns subject to department - All indemnity or guaranty companies, all companies, including those companies...

§ 83-5-3. All companies to submit to all laws of state - Every insurance company, foreign or domestic, that qualifies to do...

§ 83-5-5. Terms defined - When consistent with the context and not obviously used in...

§ 83-5-7. Situs of contract - It shall be unlawful for any company to make any...

§ 83-5-9. Business to be conducted in corporate name - Every insurance company, foreign or domestic, shall conduct its business...

§ 83-5-11. Legal process - When legal process is served upon the commissioner as attorney...

§ 83-5-13. Laws applicable - The general provisions of law relative to the powers, duties,...

§ 83-5-15. License fees for each class of business - No insurance company admitted to do business in the state...

§ 83-5-17. Revocation of license; administrative fine; funding of agency expenses; deposit of monies into State General Fund - The Commissioner of Insurance may, after notice and a hearing,...

§ 83-5-19. Sale of stock regulated - Every such insurance company, corporation, or association of individuals shall...

§ 83-5-21. License revoked if judgments not paid - If a judgment shall be rendered by any court in...

§ 83-5-23. Reserves required - Every company transacting a fire, marine, inland, accident or casualty,...

§ 83-5-25. Certain insurance prohibited - No life insurance company, mutual aid association, fraternal benefit society,...

§ 83-5-27. Discrimination through fictitious grouping prohibited - No stock, mutual, reciprocal, or other insurer shall make available...

§ 83-5-29. Insurance business practices regulated - The purpose of Sections 83-5-29 through 83-5-51 is to regulate...

§ 83-5-30. Notice of withdrawal, cancelation, or failure to renew insurance; penalties - Any insurer selling property and casualty insurance shall not withdraw,...

§ 83-5-31. Definitions - When used in Sections 83-5-29 through 83-5-51: "Person" shall mean...

§ 83-5-33. Unfair methods of competition and deceptive practices prohibited - No person shall engage in this state in any trade...

§ 83-5-35. Unfair methods of competition and unfair or deceptive acts or practices defined - The following are hereby defined as unfair methods of competition...

§ 83-5-37. Power of commissioner - The commissioner shall have power to examine and investigate into...

§ 83-5-47. Judicial review by intervenor - If the report of the commissioner does not charge a...

§ 83-5-49. Penalty for violation of cease and desist order - Any person who willfully violates a cease and desist order...

§ 83-5-51. Provisions cumulative - Sections 83-5-29 through 83-5-51 are hereby declared to be cumulative...

§ 83-5-53. Blank forms furnished - It shall be the duty of the commissioner to make...

§ 83-5-57. Reinsurance returns made annually - Every fire insurance company now or hereafter admitted shall annually,...

§ 83-5-59. Statements examined and abstracts published - It shall be the duty of the commissioner to receive...

§ 83-5-61. Certain premiums declared and taxed - All corporations, firms, persons, or individuals obtaining insurance on property...

§ 83-5-63. Penalty for failure to declare - Any corporation, firm, person, or individual, resident in this state,...

§ 83-5-65. Books exhibited - It shall be the duty of any person having in...

§ 83-5-67. License revoked if statement untrue - If the commissioner shall become satisfied at any time that...

§ 83-5-69. Penalty for failure to file statements and making false return; funding of agency expenses; deposit of monies into State General Fund - Any company that neglects to make and file its quarterly...

§ 83-5-71. Duration of license - The licenses issued under this chapter shall continue for the...

§ 83-5-72. Life, health and accident insurance companies and health maintenance organizations to contribute to Insurance Department Fund; funding of agency expenses; deposit of monies into State General Fund - All life, health and accident insurance companies and health maintenance...

§ 83-5-73. Fees for commissioner; funding of agency expenses; deposit of monies into State General Fund - The commissioner shall collect and pay into the special fund...

§ 83-5-75. Fees of fraternal orders - For all larger fraternal orders, as defined in Section 83-30-1,...

§ 83-5-77. Publication fees; funding of agency expenses; deposit of monies into State General Fund - For publication of annual statement, there shall be a fee...

§ 83-5-79. Investigation of complaint by citizens - Complaint being filed by any citizen of this state that...

§ 83-5-81. Suit for payment of expense if refused - If any company shall fail or refuse to pay all...

§ 83-5-83. Refusal to comply; license revoked - If any company, corporation, or association while holding a license...

§ 83-5-85. General penalty - For violation of any provisions of the insurance laws of...

§ 83-5-87. Contents of residential property insurance policy - An insurance company shall not issue a residential property insurance...

§ 83-5-91. Health insurance for person called to serve on active military duty by executive order of the President of the United States - The Commissioner of Insurance shall issue, within thirty (30) days...

§ 83-5-93. Proposing party to provide impact report on legislation to enact mandated health care coverage - Before the Legislature's consideration of any bill that mandates health...

§ 83-5-95. Contents of impact report - The report required under Section 83-5-93 or assessing the impact...

Article 2 - Audit of Financial Statements of Insurers

§ 83-5-101. Audited financial report - All insurers shall have an annual audit by an independent...

§ 83-5-102. Definitions - [Effective from and after January 1, 2020, this section will...

§ 83-5-103. Content of annual audited financial report - The annual audited financial report shall report the financial position...

§ 83-5-104. Exemptions - Every insurer shall be subject to Sections 83-5-101 through 83-5-113....

§ 83-5-105. Extensions - Extensions of the June 1 filing date may be granted...

§ 83-5-106. Designation of independent certified public accountants - Each insurer required to file an annual audited financial report...

§ 83-5-107. Qualifications of independent certified public accountant - The insurer shall file, with its annual statement filing, the...

§ 83-5-108. Consolidated or combined audits - An insurer may make written application to the commissioner for...

§ 83-5-109. Scope of examination and report of independent certified public accountant - Financial statements furnished pursuant to Section 83-5-103 shall be audited...

§ 83-5-110. Notification of adverse financial condition - The insurer required to furnish the annual audited financial report...

§ 83-5-111. Report on significant deficiencies in internal controls - In addition to the annual audited financial report, each insurer...

§ 83-5-112. Accountant's letter of qualifications - The accountant shall furnish the insurer in connection with, and...

§ 83-5-113. Definition, availability and maintenance of certified public accountant work papers - Work papers are the records kept by the independent certified...

§ 83-5-114. Severability - If any section or portion of a section of Sections...

§ 83-5-119. Requirements for audit committees - [Effective from and after January 1, 2020, this section will...

§ 83-5-120. Internal audit function requirements - Note: An insurer or group of insurers exempt from the...

§ 83-5-123. Management's report of internal control over financial reporting - may file its or its parent's Section 404 Report and...

Article 3 - Periodic Financial Examinations of Insurers

§ 83-5-201. Purpose of sections 83-5-201 through 83-5-217 - The purpose of Sections 83-5-201 through 83-5-217 is to provide...

§ 83-5-203. Definitions - The following terms as used in Sections 83-5-201 through 83-5-217...

§ 83-5-209. Contents of examination report; filing of report; opportunity to respond to report; review of report by and order of commissioner; hearings; confidentiality of examination reports; disclosure of reports - Nothing contained in this section shall require the department to...

§ 83-5-213. Compensation and expenses of examiner - The compensation and expense of such examiner shall not exceed...

§ 83-5-215. Reports to be furnished to State Tax Commission; Tax Commission not precluded from performing additional audits - The results of audits performed hereunder by the commissioner shall...

Article 4 - "Insurable Interest" Requirements

§ 83-5-253. Consent of insured required in certain cases - No life or health insurance contract upon an individual, except...

§ 83-5-255. Enforcement by commissioner - The Commissioner of Insurance is authorized to use any of...

§ 83-5-257. Provisions cumulative of existing statutory and common law - Sections 83-5-251 through 83-5-257 are cumulative of existing law in...

Article 5 - Filing Copy of Annual Statement With National Association of Insurance Commissioners; Generation of Reports

§ 83-5-301. Applicability of Sections 83-5-301 through 83-5-309 - Sections 83-5-301 through 83-5-309 shall apply to all domestic, foreign...

§ 83-5-305. Civil liability of those dealing with information developed from filings - In the absence of actual malice, members of the National...

§ 83-5-307. Confidentiality - All financial analysis ratios and examination synopses concerning insurance companies...

§ 83-5-309. Failure to file; revocation, suspension or refusal of certificate of authority - The Commissioner of Insurance may suspend, revoke or refuse to...

Article 6 - Disclosure of Material Acquisitions, Dispositions of Assets, and Reinsurance Agreements

§ 83-5-357. Promulgation of rules and regulations - The commissioner, after notices and hearings, may promulgate rules and...

Article 7 - Risk-Based Capital Level Requirements

§ 83-5-401. Definitions - As used in Sections 83-5-401 through 83-5-427, the following words...

§ 83-5-413. Hearings - In order to maintain the integrity of proceedings and prevent...

§ 83-5-419. Filing of RBC report or plan by foreign insurer - Any foreign insurer shall, at the written request of the...

§ 83-5-421. Liability of commissioner, department, employees or agents - There shall be no liability on the part of, and...

§ 83-5-423. Severability of provisions - If any provision of Sections 83-5-401 through 83-5-427, or the...

§ 83-5-425. Effective date of notices - All notices by the commissioner to an insurer which may...

Article 8 - Property and Casualty Actuarial Opinion Act

§ 83-5-501. Title - Sections 83-5-501 through 83-5-505 shall be known as the "Property...

Article 9 - Provider-Sponsored Health Plans

§ 83-5-603. Provider-Sponsored Health Plan defined - As used in this article, "Provider-Sponsored Health Plan" means a...

§ 83-5-605. Providers of provider-sponsored health plans must meet certain requirements before offering or providing services - Before offering or providing services to persons residing in this...

§ 83-5-607. Requirements of provider-sponsored health plans - Provider-sponsored health plans shall: Demonstrate ownership or substantial representation in...

§ 83-5-701. Purpose; relation to other laws; applicability - Laws of 2019, ch. 343, § 10, effective January 1,...

§ 83-5-703. Definitions - As used in this article, unless the context requires otherwise:...

§ 83-5-707. Promulgation of rules, regulations and orders - The commissioner may, upon notice and opportunity for all interested...

§ 83-5-711. Confidentiality - Laws of 2019, ch. 343, § 10, effective January 1,...

§ 83-5-713. NAIC and third-party consultants - Laws of 2019, ch. 343, § 10, effective January 1,...

§ 83-5-715. Penalties for failure to file - Any insurer failing, without just cause, to timely file the...

Article 11 - "Insurance Data Security Law

§ 83-5-801. Short title - This article shall be known and may be cited as...

§ 83-5-805 Definitions. - As used in this article, the following terms shall have...

§ 83-5-811. Notification of cybersecurity event involving nonpublic information; information to be provided; investigation of cybersecurity event in system maintained by third-party service provider - 1. Any consumer residing in this state; or 2. Any...

§ 83-5-819. Penalties for violation of article - In the case of a violation of this article, a...

§ 83-5-821. Regulations - The commissioner may issue such regulations as shall be necessary...

§ 83-5-823. Severability - If any provisions of this article or the application thereof...

§ 83-5-825. Implementation of Section 83-5-807 and Section 83-5-807(6) - Licensees shall have one (1) year from July 1, 2019,...

§ 83-5-801. Short title - This article shall be known and may be cited as...

§ 83-5-805 Definitions. - As used in this article, the following terms shall have...

§ 83-5-819. Penalties for violation of article - In the case of a violation of this article, a...

§ 83-5-821. Regulations - The commissioner may issue such regulations as shall be necessary...

§ 83-5-823. Severability - If any provisions of this article or the application thereof...

§ 83-5-825. Implementation of Section 83-5-807 and Section 83-5-807(6) - Licensees shall have one (1) year from July 1, 2019...

Chapter 6 - Registration and Examination of Insurers

§ 83-6-1. Definitions - As used in this chapter the following terms have the...

§ 83-6-3. Insurers required to register; time for registration; data may be required of other insurers - Every insurer which is authorized to do business in this...

§ 83-6-7. Registration statement; immaterial information need not be disclosed; items deemed to be immaterial - No information need be disclosed on the registration statement filed...

§ 83-6-9. Registration statement; report of material changes or additions on amendment forms - Each registered insurer is required to keep current the information...

§ 83-6-13. Insurer may register on behalf of affiliated insurer, when - The commissioner may allow an insurer which is authorized to...

§ 83-6-15. Exemption of insurer, information or transaction from application of §§ 83-6-3 through 83-6-19 - The provisions of Sections 83-6-3 through 83-6-19 do not apply...

§ 83-6-17. Disclaimer of affiliation; effect of filing; disallowance - Any person may file with the commissioner a disclaimer of...

§ 83-6-19. Failure to file registration statement or amendment as violation - The failure to file a registration statement or any amendment...

§ 83-6-21. Standards for transactions within holding company system; notice to commissioner of certain intended transactions; action by commissioner against violators; stock company permits; dividends and other distributions - Nothing in this subsection (2) shall be determined to authorize...

§ 83-6-22. Acquisitions involving insurers not otherwise covered - 1. In no market would the combined market share of...

§ 83-6-23. Factors to be considered in determining reasonableness of insurer's surplus - For purposes of this chapter, in determining whether an insurer's...

§ 83-6-24. Filing of statement by person making offer, request, etc.; contents of statement; approval by commissioner; exceptions; violations of section; jurisdiction of courts - If the person required to file the statement referred to...

§ 83-6-31. Rules, regulations and orders - The commissioner may, upon notice and opportunity for all interested...

§ 83-6-35. Willful violations; criminal proceedings; punishment - Whenever it appears to the commissioner that any insurer or...

§ 83-6-37. When commissioner may take possession and conduct business of domestic insurer - Whenever it appears to the commissioner that any person has...

§ 83-6-39. Suspension, revocation or refusal to renew license or certificate of authority - Whenever it appears to the commissioner that any person has...

§ 83-6-43. Certain laws superseded; remedies to be construed as supplemental - All laws and parts of laws of this state inconsistent...

§ 83-6-47. Group-wide supervision of internationally active insurance groups - An insurance holding company system that does not otherwise qualify...

Chapter 7 - Life Insurance

General Provisions

§ 83-7-1. Life insurance companies defined - All corporations, associations, partnerships, or individuals doing business in this...

§ 83-7-3. Distinction in same class and rebates prohibited - No life insurance company doing business in Mississippi shall make...

§ 83-7-4. Proceeds of policy; effect of payment when made by insurer or contract issuer in accordance with terms of policy or contract - Whenever the proceeds of, or payments under, a life insurance...

§ 83-7-5. Proceeds of policy not subject to judicial process or assignment while in hands of company - If, under the terms of any annuity contract, or policy...

§ 83-7-9. Assignment of group life insurance policy - Subject to the terms of the policy or pursuant to...

§ 83-7-11. Penalty for false statement as to publication - Any solicitor, agent, examining physician, or other person who shall...

§ 83-7-13. Application of insured to be filed with policy of insurance - All life insurance companies doing business in the State of...

§ 83-7-15. Misstatement of age not to invalidate policy - Any misstatement of age in any policy, certificate, or contract...

§ 83-7-17. Policies to show plainly on face kind and character; fees for commissioner's approval; expedited form and rate review procedure - Click to view FORM FEE Each individual policy contract, including...

§ 83-7-19. Minors may make insurance contract - Any minor of the age of fifteen (15) years nearest...

§ 83-7-21. Reserve liabilities - The reserve liabilities for all policies in force in any...

§ 83-7-23. Standard valuation law - Except as otherwise provided in subsections (3-a) and (3-b) of...

§ 83-7-25. Standard nonforfeiture law - (1-a) Definitions: The term "operative date of the valuation manual"...

§ 83-7-27. Separate accounts to fund pension or profit sharing plans or to provide for life insurance or annuities - Any domestic life insurance company may establish one (1) or...

§ 83-7-31. Crediting of income or charging of losses on separate accounts - The income, gains and losses, realized or unrealized, from assets...

§ 83-7-33. Valuation of assets allocated to separate accounts - Unless otherwise approved by the commissioner of insurance, assets allocated...

§ 83-7-35. Ownership of amounts allocated to separate accounts - The amounts allocated to a separate account in the exercise...

§ 83-7-37. Powers of domestic companies establishing separate accounts - To the extent any domestic life company deems it necessary...

§ 83-7-39. Reserve liability for variable contracts - The reserve liability for variable contracts shall be established in...

§ 83-7-41. Contents of contract delivered or issued for delivery in state providing for benefits in variable amounts - If any contract delivered or issued for delivery in this...

§ 83-7-43. Authority to deliver or issue for delivery within state contracts providing for benefits in variable amounts - No domestic life insurance company and no other life insurance...

§ 83-7-45. Authority of commissioner to regulate issuance and sale of contracts for separate accounts and those who issue and sell them - Notwithstanding any other provision of law, the commissioner of insurance...

§ 83-7-49. Application of insurance laws to separate accounts; contents of individual variable life insurance contracts - Except for Section 83-7-25 of the insurance law in the...

§ 83-7-51. Notice of right to return policy; effect of return - Every individual life insurance policy or contract issued for delivery...

Accelerated Benefits

§ 83-7-101. Definitions - "Accelerated benefits" are benefits payable under a life insurance contract:...

§ 83-7-103. Accelerated benefit provisions as not representing morbidity risks - Accelerated benefit riders and life insurance policies with accelerated benefit...

§ 83-7-105. Acknowledgement of concurrence for payout prior to payment - Prior to the payment of the accelerated benefit, the insurer...

§ 83-7-107. Options for payment; minimum amounts - The benefit shall be paid in a lump sum, or...

§ 83-7-111. Effective date of accelerated benefit - The accelerated benefit shall be effective on the effective date...

§ 83-7-113. Waiver of premium - The accelerated benefit provision may or may not provide for...

§ 83-7-115. Discrimination amongst insureds prohibited - Insurers shall not unfairly discriminate among insureds with differing qualifying...

§ 83-7-119. Filing valuation method and assumptions with Department of Insurance; content - At the time of filing of the policy form, the...

Viatical Settlements

§ 83-7-201. Short title - Sections 83-7-201 through 83-7-223 shall be known and may be...

§ 83-7-203. Definitions - The following words and phrases shall have the meanings ascribed...

§ 83-7-209. Settlement application, contract and disclosure statement forms to be filed with and approved by Commissioner of Insurance - A person shall not provide a viator a viatical settlement...

§ 83-7-219. Authority of Commissioner to adopt rules and regulations - The commissioner may: Promulgate rules and regulations implementing Sections 83-7-201...

§ 83-7-221. Violations of provisions considered unfair trade practice - A violation of Sections 83-7-201 through 83-7-223 shall be considered...

§ 83-7-223. Continuation of viatical settlement business pending approval or disapproval of license application filed on or before July 1, 2000 - A viatical settlement provider, viatical settlement representative or viatical settlement...

Unclaimed Life Insurance Benefits Act

§ 83-7-301. Short title - Sections 83-7-301 through 83-7-313 shall be known as the "Unclaimed...

§ 83-7-303. Purpose - Sections 83-7-301 through 83-7-313 confirm the applicability of the escheat...

§ 83-7-305. Definitions - As used in Sections 83-7-301 through 83-7-313: "Account owner" means...

§ 83-7-309. Insurer unclaimed property reporting - In the event that an insurer: (a) has identified a...

§ 83-7-311. Limitation on promulgation of rules or regulations that impose additional duties on insurers beyond those set out in Sections 83-7-301 through 83-7-313 - Neither the Commissioner of Insurance nor the State Treasurer shall...

§ 83-7-313. Effect of certain agreements between insurers and Commissioner of Insurance or State Treasurer - In the event that any resolution agreement, regulatory settlement agreement,...

Chapter 9 - Accident, Health and Medicare Supplement Insurance

Accident and Health Insurance

§ 83-9-1. Definition of accident and sickness insurance policy - The term "policy of accident and sickness insurance," as used...

§ 83-9-3. Form of policy; commissioner's fees; expedited form and rate review procedure; funding of agency expenses; deposit of monies into State General Fund - Click to view FORM FEE Each individual policy contract, including...

§ 83-9-5. Policy provisions - As used in this section, the term "insurer" means a...

§ 83-9-7. Benefits to patients in tax-supported institutions - No policy of sickness and accident insurance delivered or issued...

§ 83-9-15. Age limit - If any such policy contains a provision establishing, as an...

§ 83-9-17. Non-application to certain policies - Nothing in Sections 83-9-1 through 83-9-21 shall apply to or...

§ 83-9-19. Penalty - Any person, partnership, or corporation wilfully violating any provision of...

§ 83-9-21. Judicial review - Any order or decision of the commissioner under Sections 83-9-1...

§ 83-9-25. Examination and return of policy - Every individual accident and health policy or service contract, except...

§ 83-9-27. Alcoholism care and treatment; coverage - Notwithstanding any provision of any policy of accident or sickness...

§ 83-9-29. Alcoholism care and treatment; application of law - The provisions of Sections 83-9-27 through 83-9-31 shall apply only...

§ 83-9-31. Alcoholism care and treatment; limitation of coverage - The coverage required under Section 83-9-27 shall not exceed One...

§ 83-9-32. Coverage for medical benefits when dental care provided under physician-supervised anesthesia - Every hospital, health or medical expenses insurance policy, hospital or...

Coverage for Treatment of Mental Illness, Temporomandibular Joint Disorder and Craniomandibular Disorder

§ 83-9-37. Definitions - As used in Sections 83-9-37 through 83-9-43, Mississippi Code of...

§ 83-9-43. Nondiscrimination - Methods of determining levels of payment or reimbursement for services...

§ 83-9-45. Coverage and benefits for treatment of temporomandibular joint disorder and craniomandibular disorder - Except for policies which only provide coverage for specified diseases...

Notice of Payment for Services Made Directly to Patient

§ 83-9-51. Group policy defined; election to continue coverage after employment termination; continuation of coverage by dependent spouse or child; exclusions; payment; termination of coverage; notice - A dependent child of an employee or member may elect...

§ 83-9-53. Authorization to establish rules and regulations - The Commissioner of Insurance may establish such rules and regulations...

Medicare Supplement Insurance

§ 83-9-101. Definitions - As used in Sections 83-9-101 through 83-9-113: "Applicant" means: In...

§ 83-9-105. Adoption of minimum standards for benefits; claim payments, etc. - The commissioner shall adopt reasonable regulations to establish minimum standards...

§ 83-9-106. Minimum reserves for accident and health insurance companies - The Commissioner of Insurance shall establish regulations setting forth standards...

§ 83-9-107. Minimum standards for loss ratios - Medicare supplement policies shall return to policyholders benefits which are...

§ 83-9-110. Review and approval of advertising by commissioner - Every issuer of Medicare supplement insurance policies or certificates in...

§ 83-9-111. Right to return policy or certificate - Medicare supplement policies or certificates shall have a notice prominently...

§ 83-9-112. Penalty for issuers violating statutory provisions - In addition to any other applicable penalties for violations of...

§ 83-9-113. Regulations subject to administrative procedures law - Regulations promulgated pursuant to Sections 83-9-101 through 83-9-113 shall be...

§ 83-9-115. Effect of partial invalidity of provisions - If any provision of Sections 83-9-101 through 83-9-115 or the...

Comprehensive Health Insurance Risk Pool Association

§ 83-9-201. Short title - Sections 83-9-201 through 83-9-222 shall be known and may be...

§ 83-9-203. Purpose - It is the purpose of the Legislature to establish a...

§ 83-9-205. Definitions - As used in Sections 83-9-201 through 83-9-222, the following words...

§ 83-9-212. Liability of board, employees, insurers, association, etc. for obligations of association or acts or omissions; indemnification and representation of board and employees - Neither the board nor its employees shall be liable for...

§ 83-9-214. Distribution of funds held by Comprehensive Health Insurance Risk Pool Association upon cessation of operations - Upon the cessation of operations by the Comprehensive Health Insurance...

§ 83-9-217. Assessments against insurers - As used in this subsection, the term "future losses" includes...

§ 83-9-219. Insurance of plan coverage; issuance of policies - The coverage provided by the plan shall be directly insured...

§ 83-9-221. Coverage; rates; exclusion for preexisting conditions; certain individuals excepted from exclusion; other sources primary - The condition manifested itself within a period of six (6)...

§ 83-9-222. Actions against association or members based upon joint or collective actions - Neither the participation in the association as member insurers, the...

Basic Group Health Insurance for Small Business -

Coverage for Telemedicine Services -

Chapter 11 - Automobile Insurance

Article 1 - Cancellation or Nonrenewal of Policy

§ 83-11-1. Definitions - As used in this article: "Policy" means an automobile liability,...

§ 83-11-5. Notice of cancellation - No notice of cancellation of a policy to which Section...

§ 83-11-7. Non-renewal - No insurer shall fail to renew a policy unless it...

§ 83-11-9. Proof of notice - Proof of mailing of notice of cancellation, or of intention...

§ 83-11-11. Notice of insured's eligibility for assigned risk plan - When a policy of automobile liability insurance is cancelled other...

§ 83-11-13. Written statement of reasons for cancellation - Where the reason for cancellation does not accompany or is...

§ 83-11-15. Liability for statement of reasons for cancellation - There shall be no liability on the part of and...

§ 83-11-17. Appeal from cancellation or nonrenewal - A named insured who wishes to contest the reason or...

§ 83-11-19. Hearing and order of commissioner - Within two (2) working days after receipt of a timely...

§ 83-11-21. Judicial appeals from commissioner's decisions - The following procedure shall govern in taking and perfecting appeals...

Article 3 - Uninsured Motorist Coverage

§ 83-11-101. Automobile liability policies to contain "uninsured motorist" and property damage provisions; rejection of uninsured motorist coverage - The property damage provision may provide an exclusion for the...

§ 83-11-103. Definitions - As used in this article: The term "bodily injury" shall...

§ 83-11-105. Action against owner or operator of uninsured vehicle - In the event the owner or operator of the uninsured...

§ 83-11-107. Subrogation - An insurer paying a claim under the endorsement or provisions...

§ 83-11-109. Arbitration provisions prohibited - No such endorsement or provisions shall contain a provision requiring...

§ 83-11-111. Excess insurance coverage - Any policy which grants the coverage required for motor vehicle...

Article 5 - Automobile Club Services

§ 83-11-201. Citation - This article shall be known and cited as the "Automobile...

§ 83-11-203. Definitions - As used in this article: "Automobile club" shall mean any...

§ 83-11-205. Additional insurance services - The commissioner may, upon the application of an automobile club,...

§ 83-11-207. Security deposit or bond - No automobile club shall render or agree to render service...

§ 83-11-209. Purposes and conditions of security - The security required to be filed by this article shall...

§ 83-11-211. Members' rights against surety bond - If a surety bond is filed, any applicant defrauded or...

§ 83-11-213. Rights against cash deposit - A deposit of cash or securities, in lieu of a...

§ 83-11-215. Approval of name - The name of the automobile club shall be submitted to...

§ 83-11-217. Certificate of authority - No person shall render or agree to render automobile club...

§ 83-11-219. Application for certificate - An application for an original certificate of authority as an...

§ 83-11-221. Renewal of certificate - A certificate of authority duly issued by the commissioner shall...

§ 83-11-223. Expiration and reinstatement of certificate - Certificates of authority shall expire as of midnight on March...

§ 83-11-225. Grounds for revocation of certificate - The commissioner may revoke, suspend, or refuse to continue the...

§ 83-11-227. Solicitation for club not having certificate of authority - No person shall solicit or aid in the solicitation of...

§ 83-11-229. Service contracts - Automobile clubs shall be required to execute service contracts with...

§ 83-11-231. Mandatory information and provisions of contract - No service contract shall be executed, issued, or delivered in...

§ 83-11-233. Misrepresentation - No automobile club or officer or agent thereof shall in...

§ 83-11-235. Effect of non-complying contract - Any service contract or membership made, issued, or delivered contrary...

§ 83-11-239. Revocation of agent's registration - The commissioner may suspend, revoke, or refuse to renew any...

§ 83-11-241. Hearing on revocation - No club agent's registration shall be suspended or revoked by...

§ 83-11-243. Financial statements - Each authorized automobile club shall annually, before March 1, file...

§ 83-11-245. Violations - Any person violating any of the provisions of this article...

§ 83-11-247. Monies to be deposited - All monies collected by the commissioner under any provisions of...

Article 7 - Towing and Storage of Disabled Vehicles -

Article 9 - Repairs to Damaged Vehicles

§ 83-11-501. Requirement that repairs be made at particular shop prohibited; insurer's payment of lowest fair amount in geographic or trade area - No insurer may require as a condition of payment of...

§ 83-11-503. Advertisement to pay insured's deductibles prohibited - No person selling or engaged in the sale of automobile...

Article 11 - Payment of Claims -

Chapter 13 - Fire Insurance

§ 83-13-1. Reinsurance - Every insurer authorized to issue policies in this state may...

§ 83-13-3. Liabilities and reserves - To determine the liability upon the contracts of an insurance...

§ 83-13-5. Amount of insurance - No insurance company shall knowingly issue any fire insurance policy...

§ 83-13-7. Mortgagees protected in order of priority - When, by an agreement with the assured or by the...

§ 83-13-9. Mortgage clause - Each fire insurance policy on buildings taken out or renewed...

§ 83-13-11. Conditions to be stated in full - In all insurance against loss by fire the condition of...

§ 83-13-13. Proof of loss - In case of destruction or damage of property by fire...

§ 83-13-17. Industrial fire insurance policies - The limit of risk of all industrial fire insurance policies...

§ 83-13-19. Unauthorized companies denied access to courts - No action shall be maintained by any insurance company in...

§ 83-13-23. Insurer required to pay volunteer fire department for protecting property insured by insurer - Any insurance company shall pay to the responsible volunteer fire...

§ 83-13-25. Form to be used by fire departments for minimum payments from insurers - The Commissioner of Insurance shall prepare a uniform form to...

Chapter 15 - Title Insurance

§ 83-15-1. Formation of company - Companies may be formed in the same manner provided in...

§ 83-15-3. License; continuous agent certificate - The commissioner shall annually license such companies as issue policies...

§ 83-15-7. Reserve for losses - A corporation created as provided in this chapter shall establish...

§ 83-15-9. Reserve for unearned premiums and reinsurance - A corporation created as provided in this chapter shall establish,...

§ 83-15-11. State and political subdivisions may secure title insurance - The State of Mississippi, its agencies, special districts, counties, municipalities,...

Chapter 17 - Insurance Agents, Solicitors, or Adjusters

Article 1 - General Provisions

§ 83-17-1. Agent defined - Whenever used in this chapter, the following words shall have...

§ 83-17-3. Personal liability - An insurance agent shall be personally liable on all contracts...

§ 83-17-5. Agent certificate; notification of nonrenewal required - Every agent of any insurance company, fraternal order or association...

§ 83-17-7. Commission to unauthorized agent unlawful; employees or authorized agents of limited license rental car company may receive commission under rental car company's limited license - It shall be lawful, however, for an insurance company or...

§ 83-17-13. Penalty for signing blank policy - It shall be unlawful for any agent of a fire...

§ 83-17-19. Penalty for soliciting without license - Every person who, either as principal or agent or pretending...

§ 83-17-21. Policies to be written through licensed agents - No fire, fire marine, accident, health, employers' liability, steam boiler,...

§ 83-17-25. Duration of privilege licenses - No certificate of authority shall be issued to any agent...

§ 83-17-39. Examination of applicants; classification of applicants; textbooks and learning materials - Examination shall be prepared and given in those subjects only...

§ 83-17-41. Licensing by type or kind of insurance; sanctions for selling type or kind of insurance for which not properly licensed - The commissioner may, from time to time, make reasonable groupings...

§ 83-17-47. Commissioner's subpoena power - The Commissioner of Insurance shall have the power to administer...

Article 2 - Licensing of Insurance Producers

§ 83-17-51. Purpose and scope of article - The purpose of this article is to provide the qualifications...

§ 83-17-53. Definitions - The following words and phrases shall have the meanings ascribed...

§ 83-17-63. Qualification for license in certain lines of authority; license to remain in effect absent revocation, suspension, or failure to pay annual fee; reinstatement and renewal; waiver of renewal requirements due to extenuating circumstances;... - 1. Personal accident insurance for renters and other rental car...

§ 83-17-83. Appellate review - Any person aggrieved by any action or decision of the...

§ 83-17-85. Inquisitorial and subpoena power of commissioner - For the purpose of making such investigations as he may...

§ 83-17-87. Regulations - The commissioner may, in accordance with Section 25-43-1 et seq.,...

§ 83-17-89. Severability - If any provisions of this article, or the application of...

Article 6 - Prelicensing and Continuing Education for Insurance Agents; Required for Licensure

§ 83-17-259. Commissioner of Insurance may grant exception or extension of time - The Commissioner of Insurance, upon written request, may grant exception...

Article 9 - Licensing of Insurance Adjusters

§ 83-17-401. Definitions - As used in this article, unless the context otherwise requires:...

§ 83-17-405. Application for license - Application for a license as an insurance adjuster shall be...

§ 83-17-407. Waiver of license requirement for certain adjuster license applicants; prohibition against denial of reciprocity for applicant licensed in another state solely because applicant is not resident of the United States - The commissioner may waive any license requirement for an applicant...

§ 83-17-409. Emergency licenses; conditions for issuing; fee - In the event of a catastrophe or emergency which arises...

§ 83-17-411. Reference of claim to unlicensed adjuster prohibited - An insurer shall not knowingly refer any claim or loss...

§ 83-17-413. Qualifications for license - The commissioner shall license as an insurance adjuster only an...

§ 83-17-415. Continuing education requirement; certification of programs - The commissioner shall adopt a procedure for certifying continuing education...

§ 83-17-423. Appeals - Any person aggrieved by any action or decision of the...

§ 83-17-425. Article supplemental to other statutes - This article is declared to be cumulative and supplemental to...

Article 11 - Licensing of Public Adjusters

§ 83-17-501. Definitions - As used in this article, unless the context otherwise requires:...

§ 83-17-505. Application for license - Application for a license as a public adjuster shall be...

§ 83-17-507. Waiver of license requirement for public adjuster licensed in another state - The commissioner may waive any license requirement for an applicant...

§ 83-17-509. Emergency licenses; conditions for issuing; fee - In the event of a catastrophe or emergency which arises...

§ 83-17-511. Qualifications for license - The commissioner shall license as a public adjuster only an...

§ 83-17-513. Continuing education requirement; certification of programs - The commissioner shall adopt a procedure for certifying continuing education...

§ 83-17-521. Appeals - Any person aggrieved by any action or decision of the...

§ 83-17-525. Article does not entitle person not licensed by Supreme Court to practice law in state - This article shall not be construed as entitling a person...

§ 83-17-527. Article cumulative and supplemental to other statutes; rules and regulations - This article is declared to be cumulative and supplemental to...

Chapter 18 - Insurance Administrators and Managing General Agents

Insurance Administrators

§ 83-18-1. Definitions - As used in this chapter unless the context otherwise requires:...

§ 83-18-7. Payments to administrator deemed received by insurer; payments to administrator not deemed paid to insured or claimant until received by insured or claimant - If an insurer utilizes the services of an administrator, the...

§ 83-18-11. Advertising by administrator - An administrator may use only such advertising pertaining to the...

§ 83-18-21. Administrator to deliver written notices from insurer promptly - Any policies, certificates, booklets, termination notices or other written communications...

§ 83-18-25. Waiver of application requirements where administrator certified in another state - Upon request from an administrator, the commissioner may waive the...

Managing General Agents Act

§ 83-18-101. Short title - Sections 83-18-101 through 83-18-111 may be cited as the Managing...

§ 83-18-103. Definitions - As used in Sections 83-18-101 through 83-18-111: "Actuary" means a...

§ 83-18-107. Written contract required to place business with insurer; minimum contents of contract; claim files; termination or suspension of settlement authority; payment of interim profits to agent; prohibited acts of managing general agent - The insurer shall have the right to cancel or nonrenew...

Chapter 19 - Domestic Companies

General Provisions

§ 83-19-1. Classifications of insurance companies - Insurance companies may be formed for the following classifications: Class...

§ 83-19-3. Insurance of apparatus - All insurance companies authorized to transact fire insurance business in...

§ 83-19-5. Expiration of charters under special acts - Domestic insurance companies, incorporated by special acts, whose charters are...

§ 83-19-7. Expiration of charters under general insurance laws - Domestic insurance companies incorporated under the general insurance laws whose...

§ 83-19-9. Powers - Corporations created under the provisions of this chapter shall have...

§ 83-19-11. Organization of insurance companies - The procedure for organizing such a corporation shall be as...

§ 83-19-13. Bylaws - Any such company may adopt bylaws for the conduct of...

§ 83-19-15. Organizational meeting - The first meeting for the purpose of organization shall be...

§ 83-19-16. Commissioner of Insurance to be notified of changes in officers or directors - Every domestic insurer shall notify the Commissioner of Insurance in...

§ 83-19-19. Certificate of organization - The president, secretary, and majority of the directors shall forthwith...

§ 83-19-21. License fees; deposit into Insurance Department Fund; funding of agency expenses; deposit of monies into State General Fund - If it appears that the requirements of the law herein...

§ 83-19-27. Examination of financial ability, condition, and affairs - It shall be the duty of the commissioner of insurance...

§ 83-19-29. New companies to file financial statement each quarter for two years - It shall be the further duty of the Commissioner of...

§ 83-19-31. Capital required for various classes of companies - An industrial life insurer shall be limited to the following:...

§ 83-19-33. Capital stock payment - The capital stock shall be paid in cash within twelve...

§ 83-19-35. Commissioner to approve the price per share of stock - The commissioner of insurance shall approve the price per share...

§ 83-19-37. Stock sale - No stock sale shall be approved at a par value...

§ 83-19-39. Escrow deposits - The par value of each share and fifty percent (50%)...

§ 83-19-41. No stock to be placed on option - The commissioner of insurance shall examine the charter and bylaws...

§ 83-19-43. Qualification of certain stock sales with securities exchange commission - Any insurance company formed under the laws of the State...

§ 83-19-45. Organization through sale of stock in holding company prohibited - No insurance company shall be organized through the sale of...

§ 83-19-47. Violation to invalidate organization of company - Any violation of the provisions in Sections 83-19-33 through 83-19-45...

§ 83-19-49. License fees - The licensing fees applicable to domestic insurance companies and stock...

§ 83-19-51. Investment of funds by domestic insurance companies - Provided, however, no domestic insurance company may acquire common stock...

§ 83-19-53. Investment to finance buildings for General Services Administration - A domestic insurance company may invest its funds in financing...

§ 83-19-55. Real estate holdings - A domestic company may acquire, hold, and convey real estate...

§ 83-19-57. Capital impairment - When the net assets of a company do not amount...

§ 83-19-59. Application to increase or reduce capital stock - The commissioner shall, upon application, examine the proceedings of domestic...

§ 83-19-61. Increase of capital stock - Any such company having a paid-up capital, as required by...

§ 83-19-63. Reduction of capital stock - When the capital stock of a company is impaired, such...

§ 83-19-65. Dividends - No stock company shall make a dividend, either in cash...

§ 83-19-67. Regulation of management contracts - Any management contract between a domestic insurer and another person,...

§ 83-19-69. Certain contracts prohibited in another state - Subject to the exceptions set forth herein, no domestic insurer...

§ 83-19-75. Penalty for failure to report impairment of surplus - If the surplus of any domestic insurance company or association...

§ 83-19-77. Exceptions to surplus requirements - Sections 83-19-75 and 83-19-77 shall not be construed as applicable...

§ 83-19-79. "Equity security" defined - The term "equity security" when used in Sections 83-19-79 through...

§ 83-19-81. Statements of ownership of equity securities - Every person who is directly or indirectly the beneficial owner...

§ 83-19-83. Recovery of profit realized from certain purchase or sale of equity security - For the purpose of preventing the unfair use of information...

§ 83-19-85. Prohibition of certain sales of equity security - It shall be unlawful for any such beneficial owner, director,...

§ 83-19-87. Certain purchases or sales of equity securities excepted - The provisions of Section 83-19-83 shall not apply to any...

§ 83-19-89. Certain arbitrage transactions excluded - The provisions of Sections 83-19-81 through 83-19-85 shall not apply...

§ 83-19-91. Solicitation of proxies, consents, or authorizations - It shall be unlawful for any person, in contravention of...

§ 83-19-93. Transmission of security information - Unless proxies, consents, or authorizations in respect of an equity...

§ 83-19-95. Provisions inapplicable to certain equity securities - The provisions of Sections 83-19-81, 83-19-83, 83-19-85, 83-19-91, and 83-19-93...

§ 83-19-97. Commissioner to make rules and regulations - The commissioner of insurance shall have the power to make...

Merger or Consolidation, or Exchange of Outstanding Stock, of Domestic Stock Companies

§ 83-19-99. Authorization - A domestic stock insurance company (referred to in Sections 83-19-99...

§ 83-19-101. Directors' resolution and plan - The constituent insurance companies may adopt a plan of merger...

§ 83-19-103. Submission of plan to commissioner of insurance - The constituent corporations in the case of a merger or...

§ 83-19-105. Public hearing on plan - The commissioner of insurance shall hold a public hearing upon...

§ 83-19-107. Commissioner's order - The commissioner of insurance shall issue a written order approving...

§ 83-19-109. Appeals from commissioner's decision - Any person becoming a party as hereinbefore provided and feeling...

§ 83-19-111. Stockholder approval of plan - The plan as approved by the commissioner of insurance shall...

§ 83-19-113. Procedure where foreign corporation is involved - If one (1) of the constituent corporations to a merger...

§ 83-19-117. When stockholders' vote unnecessary - If the domestic company owns at least ninety-five percent (95%)...

§ 83-19-119. Effect of merger or consolidation; when plan of exchange becomes effective; stock certificates - Certificates representing shares of stock of the domestic company prior...

§ 83-19-121. Rights of dissenters - Any shareholder of any domestic stock insurance company which is...

§ 83-19-123. Construction and effect of Sections 83-19-99 through 83-19-123 - Nothing contained in Sections 83-19-99 through 83-19-123 shall affect the...

Regulation of Reinsurance

§ 83-19-151. Credit for reinsurance; accredited reinsurer defined - Credit for reinsurance shall be allowed a domestic ceding insurer...

§ 83-19-153. Reduction from liability for reinsurance ceded by domestic insurer to assuming insurer not meeting requirements - An asset or reduction from liability for the reinsurance ceded...

§ 83-19-155. Definitions - For purposes of paragraph (c) of Section 83-19-153, a "qualified...

§ 83-19-157. Adoption of rules and regulations - 1. Licensed in at least twenty-six (26) states; or 2....

Reinsurance Intermediary Act

§ 83-19-201. Short title - Sections 83-19-201 through 83-19-221 may be cited as the Reinsurance...

§ 83-19-203. Definitions - As used in Sections 83-19-201 through 83-19-221: "Actuary" means a...

§ 83-19-207. Written authorization required for transactions between reinsurance intermediary broker and insurer; minimum contents of authorization - Transactions between a reinsurance intermediary broker and the insurer it...

§ 83-19-213. Written contract required for transactions between reinsurance intermediary manager and reinsurer; filing of contract; minimum contents of contract - Transactions between a reinsurance intermediary manager and the reinsurer it...

§ 83-19-215. Prohibited acts of reinsurance intermediary manager - The reinsurance intermediary manager shall not: Bind retrocessions on behalf...

Chapter 20 - Domicile Change for Domestic and Foreign Insurers

§ 83-20-1. Foreign insurer becoming domestic insurer - Any insurer which is organized under the laws of any...

§ 83-20-3. Transfer of domicile by domestic insurer - Any domestic insurer may, upon the approval of the Commissioner...

§ 83-20-5. Continuation of certificate of authority and other approvals - The certificate of authority, agents' appointments and licenses, rates, and...

§ 83-20-7. Promulgation of rules and regulations by Commissioner of Insurance - The Commissioner of Insurance is hereby authorized to promulgate any...

Chapter 21 - Foreign Companies

General Provisions

§ 83-21-1. Certificate of authority; funding of agency expenses; deposit of monies into State General Fund - No foreign insurance, indemnity or guaranty company or other insurer...

§ 83-21-3. Requirements for admission - Notwithstanding any other provision of law, the securities eligible for...

§ 83-21-5. Deposit required for companies outside United States - No foreign company, if incorporated or organized under the laws...

§ 83-21-7. Applicable laws - Foreign insurance companies, upon complying with the conditions applicable to...

§ 83-21-9. License refused on certain conditions - When an insurance company organized under the laws of any...

§ 83-21-13. Revocation of license for deficiency in capital, surplus, or reserves - Any company heretofore licensed shall have its financial status reviewed...

§ 83-21-17. Nonadmitted insurers - 1. The liabilities are maintained in an irrevocable trust account...

§ 83-21-18. Agreements with other states to establish procedures for allocation of premium taxes; definitions - 1. The state in which an insured maintains its principal...

§ 83-21-27. Permissible acts of surplus lines insurance producers - Nothing contained in Sections 83-21-17 through 83-21-31 shall authorize any...

§ 83-21-29. Suits against nonadmitted insurers - A nonadmitted insurer may be sued upon any cause of...

§ 83-21-31. Application of preceding and succeeding sections - As to any policy or contract issued pursuant to Sections...

Unauthorized Insurers Process Law

§ 83-21-33. Citation - Sections 83-21-33 through 83-21-51 may be cited as "The Unauthorized...

§ 83-21-35. Service of process upon unauthorized insurers - The purpose of Sections 83-21-33 through 83-21-51 is to subject...

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Mississippi Code Title 83 - Insurance

Mississippi Code
Title 83 - Insurance