Mississippi Administrative Code

A Flexible Rating System filing made pursuant to this Regulation shall be in compliance with all applicable provisions in Section 83-2-1 et seq., and shall include the rate, rating plans and rating systems used by the insurer. Supporting actuarial data shall accompany every filin…

An insurer shall notify MID of any change in rates implemented under the Flexible Rating System within thirty (30) days after the effective date of the change. The notice must include the name of the insurer and the average percentage change in rates statewide and by zone or terr…

With respect to policy form filings for coverages subject to this Regulation, insurers must comply with Section 83-2-7 prior to the use of any policy form. Notes 19 Miss. Code. R. 1-45.07 Miss. Code Ann. Sections 83-5-1; 83-2-7 (Rev. 2011). Amended 10/3/2021

Insurers are still allowed to follow established procedures allowing for a debit or credit to be recognized regarding the special characteristics of an individual commercial risk which may not fully be reflected in the basic company premium or rates. Filings of this nature are di…

If any provision of any section of this Regulation or the application thereof is held by a court to be invalid, such invalidity shall not affect any other provision of that section or application of the Regulation which can be given effect without the invalid provision or applica…

The effective date of this Regulation shall be thirty days after filing for final adoption with the Office of the Secretary of State. Filings made on and after this date may contain a Flexible Rating System component. Notes 19 Miss. Code. R. 1-45.10 Miss. Code Ann. Sections 25-43…

WHEREAS, it has come to the attention of the Department that an excessive number of insureds are faced with cancellation or rejection of insurance because of unfavorable information reflecting prior cancellation by another company; and WHEREAS, a substantial number of such prior …

We have noted from the newspapers that automobile dealers continue to advertise free insurance in connection with the sale of automobiles. As you are aware, there is no such thing as free insurance in Mississippi and any advertising to the contrary is misleading and a violation o…

In the past the coverage as captioned above has been treated subject to Section 5834-03(e) of the Mississippi Code of 1942, Annotated and Recompiled and which we quote: "If the commission in its discretion shall determine that a filing is impractical or unnecessary as to a kind, …

At a recent scheduled meeting of the Mississippi Insurance Commission, the above subject was discussed in detail and we now take this manner of informing you of the procedure to be followed in this state in the future concerning the writing of this coverage. All licensed companie…

No rating organization, insurer or group of insurers that transact an insurance business in this State shall file with this Commission any rate schedule, or rate revision, which does not reflect, to the extent prescribed hereinbelow, the investment income of each insurer whose ex…

For the purposes of this Regulation, the rate of investment income shall mean the quotient of (1) the net investment gain or loss as shown on line 9A of the Underwriting and Investment exhibit on Page 4, of the appropriate Annual Statement, divided by (2) the cash and invested as…

The amount of investment income allocated to a rate filing shall be determined by multiplying the rate of investment income as determined hereinabove by the sum of (1) reduced by the allowances for acquisition costs, general expense, and taxes in the formula for the premiums whic…

The purpose of this Regulation is to establish the minimum educational and training standards for, and the process for the certification of, fire personnel in the State of Mississippi. Notes 19 Miss. Code. R. 101-1.01 Miss. Code § 45-11-253 (Supp. 2020) Amended 1/1/2015 Amended 2…

This Regulation is promulgated in accordance with the authority granted by the Legislature to the Minimum Standards and Certification Board (hereinafter "MSCB" or "Board") pursuant to Miss. Code §§ 45-11-251 and 45-11-253. Notes 19 Miss. Code. R. 101-1.02 Miss. Code § 45-11-253 (…

In accordance with Miss. Code § 45-11-253(b), the term "certify" shall imply the testing of an individual candidate's knowledge and skill or the review of their training and education credentials through a standardized process of evaluation and approval. As such, the minimum stan…

The requirement for MSCB certification applies to Mississippi fire personnel employed after January 1, 1991 in a full-time or less than full time capacity by a local governmental fire-fighting unit and working in a cumulative time of two thousand eight hundred (2800) compensated …

In accordance with Miss. Code § 45-11-203, fire personnel eligible for MSCB certification must complete all certification requirements within one (1) year from their original date of hire. Under extraordinary circumstances, the MSCB may grant an extension of one (1) additional ye…

In lieu of MSCB administered testing, the Board shall recognize all accredited NFPA-based Fire Fighter I and II certificates issued by the Mississippi Fire Academy after September 1, 2005 as being equivalent to the MSCB certification requirements. Furthermore, the MSCB shall util…

All Mississippi fire personnel eligible for state certification must meet the following criteria by the starting date of any MSCB approved minimum standard certification-training program: 1. Be a minimum of eighteen (18) years of age; 2. Have obtained a standard high school diplo…

In accordance with Miss. Code § 45-11-253(b), the MSCB may grant certification based on a review of an individual's training and education credentials through a standardized process of evaluation and approval. Should such documentation demonstrate that the training and education …

A. In accordance with Miss. Code § 45-11-253(b), the MSCB may grant reciprocity to Mississippi fire fighters who possess valid certification credentials issued by other approved fire service training entities. Such reciprocity may allow direct entry into the MSCB certification sy…

Certifications issued by the MSCB shall remain valid for the life of the individual provided there is not a break in service with a fire service agency for a period greater than two (2) years. In cases where a certified individual separates from a local fire-fighting unit and doe…

In regards to fire fighter certification in Mississippi, there are two primary documents that fire personnel may possess. The successful completion of fire fighter training and testing in accordance with NFPA Fire Fighter 1001 Standard Level I and II is noted by a certificate iss…

The act of certification is based upon the testing of an individual candidate's knowledge and skill or the review of their training and credentials through a standardized process of evaluation and approval. As such, the individual effort required to meet a given standard will be …

In order to maintain reliable certification records, fire service agencies must notify the MSCB of any changes in employment or training. Mandatory notifications shall be made within thirty (30) days of any specific occurrence. Such notifications shall be made by submitting a Per…

Appeals to any certification issue shall be made to the Board and submitted within one (1) year of the date of the original action. Such appeals may be initiated by an individual or through the executive fire officer of the local fire-fighting unit. Once a written appeal has been…

This Regulation supersedes prior versions of Mississippi Administrative Code Title 19, Part 101, Chapter 1, and shall become effective thirty (30) days after final filing in the Office of the Mississippi Secretary of State. Notes 19 Miss. Code. R. 101-1.15 Miss. Code §§ 45-11-203…

This directive shall be effective as of November 1, 1967. WITNESS MY HAND this the 25th day of October, 1967. Notes 19 Miss. Code. R. 2-1.05 Miss. Code Ann. § 25-43-3.113 (Rev. 2010)

All life insurance companies doing business in this State shall indicate in writing to this office their receipt of these RULES AND REGULATIONS and their acknowledgement that they will strictly comply therewith and will immediately advise all of their agents of the provisions her…

This Regulation is promulgated by the Commissioner of Insurance pursuant to the authority granted by Mississippi Code Annotated, Sections 83-53-29, 83-17-229 and in accordance with the Mississippi Administrative Procedures Law. Section 83-53-29 grants the Commissioner authority t…

The Commissioner is aware of the decision of the Mississippi Supreme Court in Tew vs. Dixieland Finance, Inc.,527 So. 2d 665 (Miss. 1988), in which the Court addressed certain issues concerning the licensing of agents to write credit life and credit disability insurance and payme…

This Regulation shall apply to all insurers and agents licensed to sell credit life and credit disability insurance and to the employers and affiliates of such agents acting as creditors, including lending institutions and other entities covered by the Lending Institutions Act (M…

A. "Creditor" shall have the same meaning as defined in Mississippi Code Annotated, Section 83-53-3(2)(d). B. "Credit insurance" shall mean the credit life insurance as defined in Mississippi Code Annotated, Section 83-53-3(2)(b) and credit disability insurance as defined in Miss…

Compensation paid in connection with the purchase or sale of credit insurance may be paid (i) by an insurer to a person or other entity licensed as an agent to write credit insurance, (ii) by an insurer to the creditor in the transaction in connection with which the credit insura…

If any provision of any section of this regulation or the application thereof to any circumstance or person or entity is held invalid, such invalidity shall not affect any other provision of that section or application of the regulation which can be given effect without the inval…

This Regulation shall become effective July 1, 1989. Notes 19 Miss. Code. R. 2-10.07 Miss. Code Ann. § 25-43-3.113 (Rev. 2010)

This Regulation is promulgated by the Commissioner of Insurance pursuant to the authority granted by Miss. Code Ann., Section 83-53-29 and 83-53-25(4) as amended, and in accordance with the Mississippi Administrative Procedures law. Notes 19 Miss. Code. R. 2-11.01 Miss. Code Ann.…

Miss. Code Ann., Section 83-53-25(3)(c) as amended, permits the payment, allocation or accrual of experience refunds by an insurer pursuant to a written experience refund agreement which are paid only with respect to earned premium produced by or attributable to the creditor or l…

This Regulation shall apply to all insurers selling credit insurance and their agents. Notes 19 Miss. Code. R. 2-11.03 Miss. Code Ann. § 83-53-29 (Rev. 2011) Amended 12/25/2014

Experience Refunds may be paid, allocated or accrued by an insurer pursuant to a written experience refund agreement and may be paid only with respect to earned premiums produced by or attributable to the creditor or licensed agent designated to receive such experience refund; pr…

This Regulation shall become effective thirty (30) days after filing with the Office of the Secretary of State. Notes 19 Miss. Code. R. 2-11.05 Miss. Code Ann. § 25-43-3.113 (Rev. 2010) Amended 12/25/2014

The Agent shall be entitled to receive an Experience Refund on the underwriting profit attributable to the credit insurance account covered by the Agency Agreement between the Agent and the Company. The Experience Refund shall be calculated according to the following formula: At …

EXPERIENCE REFUND AGREEMENT 1. Net written premiums _______________________ 2. Premium Reserves - beginning of period _______________________ 3. Premium Reserves - end of period _______________________ 4. Earned premiums [1+2-3] _______________________ 5. Claims paid ____________…

As a result of some concerns that the Mississippi Department of Insurance has relating to the credit life and credit accident and health insurance industry in the State of Mississippi, the Commissioner of Insurance believes that it would be in the best interest of the public of t…

A. Each claim shall be settled pursuant to the insurance contract on file with the Mississippi Department of Insurance; this means that in cases where there is a second beneficiary, any excess proceeds after settling the claim with the first beneficiary shall be paid to the secon…

If any provision or clause of this regulation or the application thereof to any person or any situation is held invalid, such invalidity shall not affect any other provision or application of the regulation which can be given effect without the invalid provision or application, a…