reglab/housing_qa huggingface dataset:
MS Code § 83-13-17 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 13 - Fire Insurance|§ 83-13-17. Industrial fire insurance policies

  Industrial fire insurance policies are defined as policies issued by companies which write fire insurance through weekly premium agents operating on the debit agency system and which meet the other requirements of this section. Any such policy with limits in excess of Fifteen Hundred Dollars ($1500.00) may be written by such weekly premium agents operating on a debit system or by any agent qualified and licensed to write fire insurance in the State of Mississippi, and in the case of policies over Fifteen Hundred Dollars ($1500.00) written by agents other than weekly premium agents operating on a debit system, premiums may be collected as much as six (6) months in advance on the basis of filings made and approved by the Commissioner of Insurance as otherwise provided in this title. On all other industrial fire policies in the State of Mississippi, carriers and agents shall not collect premiums for more than four (4) months in advance.  The limit of risk of all industrial fire insurance policies issued as such in the State of Mississippi shall not exceed Forty Thousand Dollars ($40,000.00) on any one (1) dwelling risk of fire and allied lines, nor Twenty Thousand Dollars ($20,000.00) on the contents risk of fire and allied lines on any one (1) dwelling, nor Twenty Thousand Dollars ($20,000.00) on the risk of real or personal property loss resulting from burglary or theft.    The Commissioner of Insurance shall generally supervise and regulate the operation of industrial fire insurance and allied lines.
MS Code § 83-13-19 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 13 - Fire Insurance|§ 83-13-19. Unauthorized companies denied access to courts

 No action shall be maintained by any insurance company in any court in the state upon any policy or contract of fire insurance issued upon any property situated in the state by any company, association, partnership, individual, or individuals that have not been authorized to transact such insurance business in this state.
MS Code § 83-13-21 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 13 - Fire Insurance|§ 83-13-21. Information required of insurers in case of fire losses

  The State Chief Deputy Fire Marshal, the Commissioner of Insurance or any other authorized law enforcement authority charged with the responsibility of investigating a fire loss of real or personal property which may have resulted from a fire of incendiary origin may require, in writing, any insurance company insuring the loss under investigation to release any information in its possession which is pertinent to such a loss. The information shall include, but is not limited to:   Any insurance policy relevant to a fire loss under investigation and any application for such a policy;   Policy premium payment records;   History of previous claims made by the insured for fire loss; and   Material relating to the investigation of the loss, including statements of any person, proof of loss, and any other relevant information or evidence.     In the absence of malice any insurance company or agent thereof who furnishes information on its behalf shall be immune from liability for damages in a civil action arising by virtue of compliance with the provisions of this section.   As used in this chapter, "insurance company" shall include the Mississippi Insurance Underwriting Association.   Any insurance company providing information to an authorized agency pursuant to subsection (1) of this section, or any owner, insured tenant or resident of property which is the subject of a report, shall have the right to request of such agency relevant information in accordance with Section 45-11-1.   Any insurance company that willfully violates the provisions of this section shall be guilty of a misdemeanor and, upon conviction, shall be fined not more than One Thousand Dollars ($1,000.00) and the Commissioner of Insurance may revoke the license of such company to transact the business of insurance in this state.
MS Code § 83-13-23 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 13 - Fire Insurance|§ 83-13-23. Insurer required to pay volunteer fire department for protecting property insured by insurer

 Any insurance company shall pay to the responsible volunteer fire department a minimum of One Hundred Dollars ($100.00) for each initial response to save from destruction by fire any structures which are located in areas rated as Class 9 or 10 and which are insured by that insurance company.
MS Code § 83-13-25 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 13 - Fire Insurance|§ 83-13-25. Form to be used by fire departments for minimum payments from insurers

 The Commissioner of Insurance shall prepare a uniform form to be used by fire departments for the minimum payments. All insurance companies doing business in the state shall accept the form authorized by the commissioner.
MS Code § 83-15-1 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 15 - Title Insurance|§ 83-15-1. Formation of company

 Companies may be formed in the same manner provided in this chapter for the purposes of abstracting title to real estate, furnishing information in relation thereto, and insuring owners and others interested therein against loss by reason of incumbrances and defective titles. Such companies shall not be subject to the provisions of this chapter except as regards the manner of their formation as follows, to wit: Any company, before it shall issue any policy of insurance or guaranty, shall file with the insurance commissioner a certified copy of the record of the certificate of its organization in the office of the secretary of state, and shall obtain from the commissioner of insurance his certificate that it has complied with the laws applicable to it and is authorized to do such business. Every corporation which issues policies of title insurance or guaranty shall, on or before the first day of March of each year, file in the office of the insurance commissioner a statement such as he may require, of its condition and of its affairs for the year ending on the preceding thirty-first of December, signed and sworn to by its president, secretary, treasurer, or one of its directors; and for neglect to file such annual statement shall be liable to the same penalties as are imposed upon insurance companies generally.
MS Code § 83-15-3 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 15 - Title Insurance|§ 83-15-3. License; continuous agent certificate

 The commissioner shall annually license such companies as issue policies of title insurance or contracts of guaranty and issue continuous agent certificates as prescribed in Sections 83-5-73 and 83-17-5, Mississippi Code of 1972, and shall have the same power and authority to visit and examine such companies as he has in the case of domestic insurance companies. But persons licensed as fire insurance agents and persons who are practicing attorneys at law may act as agent for any such company without additional license.
MS Code § 83-15-5 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 15 - Title Insurance|§ 83-15-5. Capital requirements

  A corporation created as herein provided shall not issue any title insurance policy until it has capital of not less than One Hundred Fifty Thousand Dollars ($150,000.00) and surplus of not less than Seventy-five Thousand Dollars ($75,000.00). The total amount of any policy issued by such corporation without reinsurance shall not exceed fifty percent (50%) of the capital and surplus of the company, as reflected by its latest statement to the commissioner. In transactions where a primary risk is carried by another title insurance company, a domestic title insurance company may issue its reinsurance or coinsurance for an amount not exceeding its capital and surplus.   A corporation created as herein provided shall deposit with the State Treasurer fifty percent (50%) of its capital stock, either in cash or in such bonds or securities in which the company is authorized by law to invest its funds. Upon such deposit and evidence, by affidavit or otherwise, satisfactory to the Commissioner of Insurance that the capital and surplus is all paid in and that the company is the actual and unqualified owner of the securities representing the paid-up capital and surplus, he shall issue to the company his certificate authorizing it to transact business in this state.
MS Code § 83-15-7 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 15 - Title Insurance|§ 83-15-7. Reserve for losses

 A corporation created as provided in this chapter shall establish and maintain a reserve for losses in an amount which shall be not less than (1) ten percent (10%) of the amount of all premiums received by the corporation on and after January 1, 1952, or (2) Fifty Thousand Dollars ($50,000.00) whichever is the lesser.
MS Code § 83-15-9 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 15 - Title Insurance|§ 83-15-9. Reserve for unearned premiums and reinsurance

 A corporation created as provided in this chapter shall establish, segregate and maintain, in addition to the reserve for losses as provided in Section 83-15-7, a reserve for unearned premiums and reinsurance during the period hereinafter provided, which shall at all times and for all purposes be deemed and shall constitute unearned portions of the original premiums and shall be charged as a reserve liability of such corporation in determining its financial condition. The assets constituting the unearned premium reserve shall be withdrawn from the use by the corporation for its general purposes, shall be impressed with a trust for the benefit of the corporation's title insurance policyholders, and shall be available for reinsurance of title insurance policies in the event of the insolvency of the corporation. The income from such unearned premium reserve shall be included in the general income of the corporation and may be used by such corporation for any lawful corporate purposes. The unearned premium reserve of every corporation shall be cumulative and shall consist of:   An amount equal to the unearned premium reserve previously required to be held pursuant to Section 83-15-9 as of March 4, 1977;   The amount of all additions required to be made to such reserve by this section; and less   The withdrawals from such reserve as required by this section.   On the last day of each month after March 4, 1977, each corporation shall add to its unearned premium reserve, with respect to each title insurance policy or contract or reinsurance agreement issued by it, a sum equal to ten percent (10%) of all premiums received during such month. The amounts set aside as additions to such unearned premium reserve shall be deducted in determining the net income of the corporation. Upon the expiration of one hundred eighty (180) months after the month of the issuance of each title insurance policy, contract or reinsurance agreement that portion of the assets of the unearned premium reserve attributable to said title insurance policy, contract or reinsurance agreement shall be released and withdrawn from said reserve, shall no longer constitute part of said reserve, shall be included in the income of the corporation, and may then be used by the corporation for any lawful corporate purposes.
MS Code § 83-15-11 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 15 - Title Insurance|§ 83-15-11. State and political subdivisions may secure title insurance

 The State of Mississippi, its agencies, special districts, counties, municipalities, commissions, and other public bodies authorized by law to acquire real estate, or an interest in real estate, hereafter acquiring real estate or an interest in real estate are hereby authorized, in their discretion, to secure the protection of title insurance from companies qualified to do business in this state.   The action of any such public body which heretofore has secured the protection of such title insurance is hereby ratified, approved, and confirmed.   The authority hereby conferred to such public bodies by this section shall be limited to real estate or an interest in real estate hereafter acquired by such public bodies in the furtherance of any BAWI, port, housing, industrial program, or other development authorized by law.
MS Code § 83-20-1 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 20 - Domicile Change for Domestic and Foreign Insurers|§ 83-20-1. Foreign insurer becoming domestic insurer

 Any insurer which is organized under the laws of any other state and is admitted to do business in this state for the purpose of writing insurance may become a domestic insurer by complying with all of the requirements of law relative to the organization and licensing of a domestic insurer of the same type and by designating its principal place of business at a place in this state. Such domestic insurer shall be entitled to like certificates and licenses to transact business in this state, and shall be subject to the authority and jurisdiction of this state.
MS Code § 83-20-3 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 20 - Domicile Change for Domestic and Foreign Insurers|§ 83-20-3. Transfer of domicile by domestic insurer

 Any domestic insurer may, upon the approval of the Commissioner of Insurance, transfer its domicile to any other state in which it is admitted to transact the business of insurance, and upon such a transfer shall cease to be a domestic insurer, and shall be admitted to this state if qualified as a foreign insurer. The Commissioner of Insurance shall approve any such proposed transfer unless he shall determine such transfer is not in the interest of the policyholders of this state.
MS Code § 83-20-5 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 20 - Domicile Change for Domestic and Foreign Insurers|§ 83-20-5. Continuation of certificate of authority and other approvals

 The certificate of authority, agents' appointments and licenses, rates, and other items which the Commissioner of Insurance allows, in his discretion, which are in existence at the time any insurer licensed to transact the business of insurance in this state transfers its corporate domicile to this or any other state by merger, consolidation or any other lawful method shall continue in full force and effect upon such transfer if such insurer remains duly qualified to transact the business of insurance in this state. All outstanding policies of any transferring insurer shall remain in full force and effect and need not be endorsed as to the new name of the company or its new location unless so ordered by the Commissioner of Insurance. Every transferring insurer shall file new policy forms with the Commissioner of Insurance on or before the effective date of the transfer, but may use existing policy forms with appropriate endorsements if allowed by, and under such conditions as approved by, the Commissioner of Insurance. However, every such transferring insurer shall notify the Commissioner of Insurance of the details of the proposed transfer, and shall file promptly, any resulting amendments to corporate documents filed or required to be filed with the Commissioner of Insurance.
MS Code § 83-20-7 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 20 - Domicile Change for Domestic and Foreign Insurers|§ 83-20-7. Promulgation of rules and regulations by Commissioner of Insurance

 The Commissioner of Insurance is hereby authorized to promulgate any rules and regulations in order to carry out the purposes of this chapter.
MS Code § 83-24-1 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 24 - Insurers Rehabilitation and Liquidation Act|§ 83-24-1. Short title

 This chapter shall be cited as the Insurers Rehabilitation and Liquidation Act.
MS Code § 83-24-3 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 24 - Insurers Rehabilitation and Liquidation Act|§ 83-24-3. Declaration of purpose

 The purpose of this chapter is the protection of the interests of insureds, claimants, creditors and the public generally; with minimum interference with the normal prerogatives of the owners and managers of insurers, through:   Early detection of any potentially dangerous condition in an insurer, and prompt application of appropriate corrective measures;   Improved methods for rehabilitating insurers, involving the cooperation and management expertise of the insurance industry;   Enhanced efficiency and economy of liquidation, through clarification of the law, to minimize legal uncertainty and litigation;   Equitable apportionment of any unavoidable loss;   Lessening the problems of interstate rehabilitation and liquidation by facilitating cooperation between states in the liquidation process, and by extending the scope of personal jurisdiction over debtors of the insurer outside this state;   Regulation of the insurance business by the impact of the law relating to delinquency procedures and substantive rules on the entire insurance business; and   Providing for a comprehensive scheme for the rehabilitation and liquidation of insurance companies and those subject to this chapter as part of the regulation of the business of insurance, insurance industry and insurers in this state. Proceedings in cases of insurer insolvency and delinquency are deemed an integral aspect of the business of insurance and are of vital public interest and concern.
MS Code § 83-24-5 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 24 - Insurers Rehabilitation and Liquidation Act|§ 83-24-5. Application of chapter

 The proceedings authorized by this chapter may be applied to:   All insurers who are doing, or have done, an insurance business in this state, and against whom claims arising from that business may exist now or in the future.   All insurers who purport to do an insurance business in this state.   All insurers who have insureds residing in this state.   All other persons organized or in the process of organizing with the intent to do an insurance business in this state.   All nonprofit service plans and all fraternal benefit societies and beneficial societies.   All title insurance companies.   All prepaid health care delivery plans.   All corporate bodies organized for the purpose of carrying on the business of mutual insurance subject to the provisions of Section 83-31-1 et seq.   All health maintenance organizations established under Section 41-7-401.
MS Code § 83-24-9 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 24 - Insurers Rehabilitation and Liquidation Act|§ 83-24-9. Commencement of delinquency proceedings; jurisdiction

  No delinquency proceeding shall be commenced under this chapter by anyone other than the commissioner and no court shall have jurisdiction to entertain, hear or determine any proceeding commenced by any other person.   No court shall have jurisdiction to entertain, hear or determine any complaint praying for the dissolution, liquidation, rehabilitation, sequestration, conservation or receivership of any insurer; or praying for an injunction or restraining order or other relief preliminary to, incidental to or relating to such proceedings other than in accordance with this chapter.   In addition to other grounds for jurisdiction provided by the law of this state, a court having jurisdiction of the subject matter has jurisdiction over a person served pursuant to the Mississippi Rules of Civil Procedure or other applicable provisions of law in an action brought by the receiver of a domestic insurer or an alien insurer domiciled in this state:   If the person served is an agent, broker, or other person who has at any time written policies of insurance for or has acted in any manner whatsoever on behalf of an insurer against which a delinquency proceeding has been instituted, in any action resulting from or incident to such a relationship with the insurer; or   If the person served is a reinsurer who has at any time entered into a contract of reinsurance with an insurer against which a delinquency proceeding has been instituted, or is an agent or broker of or for the reinsurer, in any action on or incident to the reinsurance contract; or   If the person served is or has been an officer, director, manager, trustee, organizer, promoter, or other person in a position of comparable authority or influence over an insurer against which a delinquency proceeding has been instituted, in any action resulting from or incident to such a relationship with the insurer; or   If the person served is or was at the time of the institution of the delinquency proceeding against the insurer holding assets in which the receiver claims an interest on behalf of the insurer, in any action concerning the assets; or   If the person served is obligated to the insurer in any way whatsoever, in any action on or incident to the obligation.     If the court on motion of any party finds that any action should as a matter of substantial justice be tried in a forum outside this state, the court may enter an appropriate order to stay further proceedings on the action in this state.   All action herein authorized shall be brought in the Chancery Court of the First Judicial District of Hinds County.
MS Code § 83-24-11 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 24 - Insurers Rehabilitation and Liquidation Act|§ 83-24-11. Injunctions and orders; application

  Any receiver appointed in a proceeding under this chapter may at any time apply for, and any court of general jurisdiction may grant, such restraining orders, preliminary and permanent injunctions, and other orders as may be deemed necessary and proper to prevent:   The transaction of further business;   The transfer of property;   Interference with the receiver or with a proceeding under this chapter;   Waste of the insurer's assets;   Dissipation and transfer of bank accounts;   The institution or further prosecution of any actions or proceedings;   The obtaining of preferences, judgments, attachments, garnishments or liens against the insurer, its assets or its policyholders;   The levying of execution against the insurer, its assets or its policyholders;   The making of any sale or deed for nonpayment of taxes or assessments that would lessen the value of the assets of the insurer;   The withholding from the receiver of books, accounts, documents, or other records relating to the business of the insurer; or   Any other threatened or contemplated action that might lessen the value of the insurer's assets or prejudice the rights of policyholders, creditors or shareholders, or the administration of any proceeding under this chapter.     The receiver may apply to any court outside of the state for the relief described in subsection (1).