2010 Mississippi Code
TITLE 83 - INSURANCE
Chapter 5 - General Provisions Relative to Insurance and Insurance Companies.

• 83-5-1 - Concerns subject to department.
• 83-5-3 - All companies to submit to all laws of state.
• 83-5-5 - Terms defined.
• 83-5-7 - Situs of contract.
• 83-5-9 - Business to be conducted in corporate name.
• 83-5-11 - Legal process.
• 83-5-13 - Laws applicable.
• 83-5-15 - License fees for each class of business.
• 83-5-17 - Revocation of license; administrative fine.
• 83-5-19 - Sale of stock regulated.
• 83-5-21 - License revoked if judgments not paid.
• 83-5-23 - Reserves required.
• 83-5-25 - Certain insurance prohibited.
• 83-5-27 - Discrimination through fictitious grouping prohibited.
• 83-5-28 - Cancellation, reduction in coverage, or nonrenewal of coverage; notice; inclusion in policies issued or renewed after June 30, 1989.
• 83-5-29 - Insurance business practices regulated.
• 83-5-30 - Notice of withdrawal, cancelation, or failure to renew insurance; penalties.
• 83-5-31 - Definitions.
• 83-5-33 - Unfair methods of competition and deceptive practices prohibited.
• 83-5-35 - Unfair methods of competition and unfair or deceptive acts or practices defined.
• 83-5-37 - Power of commissioner.
• 83-5-39 - Hearings on charges of unfair practices.
• 83-5-41 - Cease and desist orders and modifications thereof; administrative fines.
• 83-5-43 - Judicial review of cease and desist orders.
• 83-5-45 - Procedure as to unfair methods of competition and unfair practices which are not defined.
• 83-5-47 - Judicial review by intervenor.
• 83-5-49 - Penalty for violation of cease and desist order.
• 83-5-51 - Provisions cumulative.
• 83-5-53 - Blank forms furnished.
• 83-5-55 - Annual and quarterly statements to be filed.
• 83-5-57 - Reinsurance returns made annually.
• 83-5-59 - Statements examined and abstracts published.
• 83-5-61 - Certain premiums declared and taxed.
• 83-5-63 - Penalty for failure to declare.
• 83-5-65 - Books exhibited.
• 83-5-67 - License revoked if statement untrue.
• 83-5-69 - Penalty for failure to file statements and making false return.
• 83-5-71 - Duration of license.
• 83-5-72 - Life, health and accident insurance companies and health maintenance organizations to contribute to Insurance Department Fund.
• 83-5-73 - Fees for commissioner.
• 83-5-75 - Fees of fraternal orders.
• 83-5-77 - Publication fees.
• 83-5-79 - Investigation of complaint by citizens.
• 83-5-81 - Suit for payment of expense if refused.
• 83-5-83 - Refusal to comply; license revoked.
• 83-5-85 - General penalty.
• 83-5-87 - Contents of residential property insurance policy.
• 83-5-89 - Reporting arson incidents; rules and regulations.
• 83-5-91 - Health insurance for person called to serve on active military duty by executive order of the President of the United States.
• 83-5-93 - Proposing party to provide impact report on legislation to enact mandated health care coverage.
• 83-5-95 - Contents of impact report.
• 83-5-101 - Audited financial report.
• 83-5-102 - Definitions.
• 83-5-103 - Content of annual audited financial report.
• 83-5-104 - Exemptions.
• 83-5-105 - Extensions.
• 83-5-106 - Designation of independent certified public accountants.
• 83-5-107 - Qualifications of independent certified public accountant.
• 83-5-108 - Consolidated or combined audits.
• 83-5-109 - Scope of examination and report of independent certified public accountant.
• 83-5-110 - Notification of adverse financial condition.
• 83-5-111 - Report on significant deficiencies in internal controls.
• 83-5-112 - Accountant's letter of qualifications.
• 83-5-113 - Accountant's letter of qualifications.
• 83-5-114 - Severability [Effective January 1, 2010].
• 83-5-115 - Authority of Department of Insurance to determine method of calculating values of stocks, bonds and other sureties held by insurer.
• 83-5-117 - Methods of valuation which may be used to calculate values of stocks, bonds and other sureties held by insurer.
• 83-5-119 - Requirements for audit committees [Effective January 1, 2010].
• 83-5-121 - Conduct of insurer in connection with the preparation of required reports and documents [Effective January 1, 2010].
• 83-5-123 - Management's report of internal control over financial reporting [Effective January 1, 2010].
• 83-5-125 - Canadian and British companies [Effective January 1, 2010].
• 83-5-201 - Purpose of sections 83-5-201 through 83-5-217.
• 83-5-203 - Definitions.
• 83-5-205 - Examination of insurers; scheduling of examinations; examination of foreign or alien insurer; acceptance of examination report prepared by insurance department of another state.
• 83-5-207 - Appointment of examiners; guidelines and procedures to be followed by examiner; insurers to facilitate examination; penalties for refusal to comply with request of examiner; power of examiners; authority of commissioner to hire examiners; company examined to pay cost of examination; authority of commissioner not limited.
• 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.
• 83-5-211 - Appointment of examiners.
• 83-5-213 - Compensation and expenses of examiner.
• 83-5-215 - Reports to be furnished to State Tax Commission; Tax Commission not precluded from performing additional audits.
• 83-5-217 - No cause of action against examiners; no cause of action against person providing information to examiner; statutory privilege or immunity not abridged; examiner's right to award of attorney fees in civil action.
• 83-5-251 - Procurer of insurance must have insurable interest; insurable interest defined; insurer reliance on applicant's representations; insurable interest of charitable, etc. organization.
• 83-5-253 - Consent of insured required in certain cases.
• 83-5-255 - Enforcement by Commissioner.
• 83-5-257 - Provisions cumulative of existing statutory and common law.
• 83-5-301 - Applicability of article.
• 83-5-303 - Annual filings; hardship exemption; foreign insurers.
• 83-5-305 - Civil liability of those dealing with information developed from filings.
• 83-5-307 - Confidentiality.
• 83-5-309 - Failure to file; revocation, suspension or refusal of certificate of authority.
• 83-5-351 - Filing report; disclosure of material acquisitions and dispositions.
• 83-5-353 - Purpose.
• 83-5-355 - No reporting of nonrenewals; cancellations; or revisions of ceded reinsurance agreements.
• 83-5-357 - Promulgation of rules and regulations.
• 83-5-401 - Definitions.
• 83-5-403 - Filing of RBC report; determination of insurer's RBC; maintenance of capital above prescribed RBC level; adjustment of report.
• 83-5-405 - Procedure upon occurrence of company action level event.
• 83-5-407 - Procedure upon occurrence of regulatory action level event.
• 83-5-409 - Procedure upon occurrence of authorized control level event.
• 83-5-411 - Procedure upon occurrence of mandatory control level event.
• 83-5-413 - Hearings.
• 83-5-415 - Confidentiality of reports and plans; publication, dissemination, etc., of information regarding capital level of insurer; rebuttal by insurer of materially false statement regarding capital level; use by commissioner of RBC instructions, reports and plans.
• 83-5-417 - Relationship with other laws; promulgation of rules and regulations; exemption of domestic insurers.
• 83-5-419 - Filing of RBC report or plan by foreign insurer.
• 83-5-421 - Liability of commissioner, department, employees or agents.
• 83-5-423 - Severability of provisions.
• 83-5-425 - Effective date of notices.
• 83-5-427 - Requirements for RBC reports for 1996.
• 83-5-501 - Title [Effective January 1, 2010; repealed effective June 30, 2012].
• 83-5-503 - Actuarial opinion of reserves and supporting documentation [Effective January 1, 2010; repealed effective June 30, 2012].
• 83-5-505 - Confidentiality [Effective January 1, 2010; repealed effective June 30, 2012].
• 83-5-507 - Repeal of §§ 83-5-501 through 83-5-507 [Effective January 1, 2010; repealed effective June 30, 2012].