The Commissioner of Insurance may suspend, revoke or refuse to renew the certificate of authority of any insurer failing to file its annual statement when due or within any extension of time which the commissioner, for good cause, may have granted.
Failure to file; revocation, suspension or refusal of certificate of authority
Miss. Code Ann. § 83-5-309, under Filing Copy of Annual Statement With National Association of Insurance Commissioners; Generation of Reports.
Miss. Code Ann. § 83-5-309