™Your Policy Risk Impact Agent
61 chapters · 1,359 sections in this title.
Miss. Code Ann. § 83-34-1 Definitions
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(a) In this chapter, unless the context otherwise requires:(a) “Essential property insurance” means insurance against direct loss to property from the risk of windstorm and hail in the manner as defined and limited in the standard real property and contents insurance forms approv…
Miss. Code Ann. § 83-34-10 Power to levy recoupable and nonrecoupable assessments upon occurrence of certain events; maximum nonrecoupable assessments
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(1) In the event of a covered event that may produce losses in excess of funds that may be immediately available to the association, or in the event that the association determines that it will otherwise have a claim deficit or any other deficit, then the association, with consen…
Miss. Code Ann. § 83-34-12 Deferment of assessable insurer’s recoupable or nonrecoupable assessment; amount deferred to be assessed against other assessable insurers
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The recoupable or nonrecoupable assessment of an assessable insurer may, after hearing, be ordered deferred, in whole or in part, upon application by the insurer if, in the opinion of the commissioner, payment of the recoupable or nonrecoupable assessment would render the insurer…
Miss. Code Ann. § 83-34-13 Plan of operation; contents; approval by commissioner; certification of approval; effective date of plan
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(1) Within forty-five (45) days after March 22, 2007, the directors of the association shall submit to the commissioner for review and approval a proposed plan of operation revised to be consistent with the provisions of Chapter 425, Laws of 2007. The association shall maintain a…
