™Your Policy Risk Impact Agent
61 chapters · 1,359 sections in this title.
Miss. Code Ann. § 83-54-1 Purpose of chapter
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(a) The purposes of this chapter are to:(a) Promote the public welfare by regulating creditor-placed insurance;(b) Create a legal framework within which creditor-placed insurance may be written in this state;(c) Help maintain the separation between creditors and insurers; and(d) …
Miss. Code Ann. § 83-54-11 Exclusions from coverage
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(1) Creditor-placed insurance coverage shall not include:(a) Coverage for the cost of repossession;(b) Skip, confiscation and conversion coverage;(c) Coverage for payment of mechanics’ or other liens that do not arise from a covered loss occurrence;(d) Coverage that requires a de…
Miss. Code Ann. § 83-54-13 Evidence of insurance coverage
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Creditor-placed insurance shall be set forth in an individual policy or certificate of insurance. A copy of the individual policy, certificate of insurance coverage or other evidence of insurance coverage shall be mailed, first-class mail, or delivered in person to the last known…
Miss. Code Ann. § 83-54-15 Policy forms, certificates of insurance, and schedules of premium rates to be filed with Commissioner of Insurance; disapproval of forms or schedules; schedules not to be excessive, inadequate, or unfairly discriminatory; withdrawal of approval of approved forms or schedules; approved forms and schedules deemed to be in compliance with laws of the state
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(1) All policy forms and certificates of creditor-placed insurance to be delivered or issued for delivery in this state and the schedules of premium rates pertaining thereto shall be filed with the Commissioner of Insurance. (2) The commissioner shall within thirty (30) days afte…
