Chapter
Windstorm Underwriting Association
- Miss. Code Ann. § 83-34-1— Definitions
- Miss. Code Ann. § 83-34-3— Creation of Mississippi Windstorm Underwriting Association; organizational structure; certain licensed insurers to become assessable insurers; association revenues; association not subject to state bid requirements
- Miss. Code Ann. § 83-34-4— Nonadmitted policy fee; responsibility of surplus lines insurance producer placing insurance through nonadmitted insurer to collect and remit fees; calculation of fee; penalty for nonpayment [Repealed effective July 1, 2022]
- Miss. Code Ann. § 83-34-5— Powers and duties
- Miss. Code Ann. § 83-34-7— Designation of temporary board of directors; expiration of terms of office; permanent board of directors; composition of board; selection and qualifications of board members; terms of office; powers
- Miss. Code Ann. § 83-34-9— Participation by assessable insurers in recoupable and nonrecoupable assessments levied by association; financial incentives and/or penalties to ensure assessable insurers write insurance in the coast area
- Miss. Code Ann. § 83-34-10— Power to levy recoupable and nonrecoupable assessments upon occurrence of certain events; maximum nonrecoupable assessments
- Miss. Code Ann. § 83-34-11— Repealed
- Miss. Code Ann. § 83-34-12— Deferment of assessable insurer’s recoupable or nonrecoupable assessment; amount deferred to be assessed against other assessable insurers
- Miss. Code Ann. § 83-34-13— Plan of operation; contents; approval by commissioner; certification of approval; effective date of plan
- Miss. Code Ann. § 83-34-15— Application for coverage; inspection of property; issuance of insurance; appeal of denial of application
- Miss. Code Ann. § 83-34-16— Premium discount for building “fortified home.”
- Miss. Code Ann. § 83-34-17— Rates
- Miss. Code Ann. § 83-34-19— Appeals
- Miss. Code Ann. § 83-34-21— Reports of inspection made available
- Miss. Code Ann. § 83-34-23— Immunity from liability
- Miss. Code Ann. § 83-34-25— Annual report
- Miss. Code Ann. § 83-34-27— Commissioner may examine affairs of association; commissioner and association may examine data and payments of assessable insurer or insurers placing insurance through nonadmitted insurers
- Miss. Code Ann. § 83-34-29— Rules and regulations
- Miss. Code Ann. § 83-34-31— Powers and authority of board of directors to issue bonds and enter into loans or other forms of indebtedness; rights and remedies of bondholders not to be impaired
- Miss. Code Ann. § 83-34-33— Surcharge for excess covered event losses on all property and casualty premiums; issuance of bonds to pay claims losses; exempted premiums; purpose of certain surcharges to be designated and specifically identified; licensed insurers and agents to collect and remit surcharges; setting and adjustment of surcharge percentage; cessation of surcharge
- Miss. Code Ann. § 83-34-35— Commissioner to approve association rates at least adequate to fund annual reinsurance above a certain reserve
- Miss. Code Ann. § 83-34-37— Mississippi Windstorm Underwriting Association Reinsurance Assistance Fund created; purpose; use of funds; reports
- Miss. Code Ann. § 83-34-39— Repealed