reglab/housing_qa huggingface dataset:
MS Code § 83-2-15 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 2 - Competitive Rating for Property and Casualty Insurance|§ 83-2-15. Rating bureau as exclusive provider of services relating to rates; licensing of and services provided by rate service organization

  No rate service organization other than the Rating Bureau established pursuant to Section 83-3-5 shall provide any service relating to the rates of any insurance subject to this chapter, and no insurer shall utilize the services of such organization for such purposes unless the organization has obtained a license.   A rate service organization may perform the following services upon request of the Commissioner of Insurance:   Collect, compile and furnish loss or expense statistics;   Recommend rates or supplementary rate information;   Advise about rate questions and provide supporting information for rates;   Make inspections, surveys and audits;   Conduct research and on-site inspections in order to prepare classifications of public fire defenses;   Prepare and file policy forms and endorsements and consult with members, subscribers and others relating to their use;   Provide actuarial, statistical and administrative services to insurers and insurer-supported organizations;   Conduct and report on the content of research projects; and   Furnish any other services related to those enumerated in this subsection.     A rate service organization or an advisory organization shall not refuse to supply any services for which it is licensed in this state to any insurer authorized to do business in this state and offering to pay the fair and usual compensation for the services. A rate service organization shall not require the purchase of any specific services as a condition to obtaining the services sought, provided the furnishing of the requested services does not place an unreasonable burden on the rate service organization.   A rate service organization applying for a license shall include with its application:   A copy of its constitution, articles of association or incorporation, bylaws and any other rules or regulations governing the conduct of its business;   A list of its members and subscribers;   A service and acknowledgement of service of process as provided for insurance companies under Section 83-21-39; and   A statement showing its technical qualifications.     Upon a finding by the commissioner that the applicant is qualified, the commissioner shall issue a license specifying the kinds of insurance or subdivisions thereof for which the applicant is authorized to act as a rate service organization. Each application under this subsection shall be granted or denied in whole or in part by the commissioner within sixty (60) days after the date of its filing. Licenses issued pursuant to this section shall remain in effect until suspended or revoked by the commissioner. The fee for said license shall be Twenty-five Dollars ($25.00).
MS Code § 83-2-17 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 2 - Competitive Rating for Property and Casualty Insurance|§ 83-2-17. Advisory organizations; registration; unfair practices

  An advisory organization shall not provide any service relating to the rates of any insurer subject to this chapter, and an insurer shall not utilize the services of an advisory organization for such purposes, unless the advisory organization has registered under subsection (3).   A registered advisory organization may perform one or more of the authorized activities enumerated in Section 83-2-15 but such advisory organization shall not make any filings on behalf of insurers.   An advisory organization shall submit at the time of registration:   A copy of its constitution, articles of association or incorporation, bylaws and any other rules or regulations governing the conduct of its business;   A list of its members and subscribers;   A service and acknowledgement of service of process as provided for insurance companies under Section 83-21-39; and   An agreement that the commissioner may examine each advisory organization in accordance with the provisions of Section 83-2-25.     If after a hearing the commissioner finds that any activity or practice of any advisory organization is unfair, unreasonable or otherwise inconsistent with the provisions of this chapter, the commissioner shall specify the finding in an order requiring the discontinuance of such activity or practice.
MS Code § 83-2-21 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 2 - Competitive Rating for Property and Casualty Insurance|§ 83-2-21. Prohibition of insurer agreements as to adherence to or use of rates and related information; exception for insurers under common ownership or management

 An insurer may not agree with any other insurer to adhere to or use any rate or supplementary rate information. The fact that an insurer adheres to or uses such material is not sufficient in itself to support a finding that an agreement to adhere or use exists, but such fact may supplement other evidence of such agreement. Two (2) or more insurers having common ownership or operating in this state under common management or control may act in concert between or among themselves in the same manner as if they constitute a single insurer.
MS Code § 83-2-23 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 2 - Competitive Rating for Property and Casualty Insurance|§ 83-2-23. Cooperation among insurers participating in joint underwriting, pools, residual market mechanisms; registration with and review by commissioner; unfair practices

  Notwithstanding Section 83-2-21, insurers participating in joint underwriting, pools or residual market mechanisms may act in cooperation with each other in the making of rates, supplementary rate information, policy forms, underwriting rules, surveys, inspections and investigations, the furnishing of loss or expense statistics or other such information and in the conduct of research in connection with such activity.     Except to the extent modified by this section, insurers participating in joint underwriting, pool or residual market mechanisms are subject to the other provisions of this chapter.   Every pool shall file with the commissioner a copy of its constitution, articles of association or incorporation, bylaws and any other rules or regulations governing its activities, a list of its members, the name and address of a resident of this state upon whom notices or orders of the commissioner or process may be served, and any changes in the foregoing.   Any residual market mechanism, plan or agreement to implement such a mechanism, and any amendments thereto, shall be submitted in writing to the commissioner for approval, together with such information as the commissioner may reasonably require.   If, after a hearing, the commissioner finds that any activity or practice of insurers participating in joint underwriting, pool or residual market mechanisms is unfair, unreasonable or otherwise inconsistent with the provisions of this chapter, the commissioner shall issue a written order specifying in what respects such activity or practice is unfair, unreasonable or otherwise inconsistent with the provisions of this chapter and require the discontinuance of such activity or practice.
MS Code § 83-2-25 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 2 - Competitive Rating for Property and Casualty Insurance|§ 83-2-25. Compliance review; related reports and records

  The commissioner may examine any insurer, advisory organization, rate service organization, pool or residual market mechanism to ascertain compliance with this chapter.   Every insurer, advisory organization, rate service organization, pool and residual market mechanism shall maintain records of the type and kind reasonably adapted to its method of operation. Such records shall contain the experience, data, statistics and other information collected or used by it in its activities. These records shall be available for examination or inspection by the commissioner at any time upon reasonable notice.   The cost of an examination made pursuant to this section shall be paid by the examined party in the same manner as provided by Section 83-1-27.   The commissioner may accept the report of an examination made by the insurance supervisory official of another state in lieu of an examination under this section.
MS Code § 83-2-27 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 2 - Competitive Rating for Property and Casualty Insurance|§ 83-2-27. Payment of dividends, savings or unabsorbed premium deposits to insureds

 Nothing in this chapter shall be construed to prohibit or regulate the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers. A plan for the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers shall not be deemed a rating plan.
MS Code § 83-2-29 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 2 - Competitive Rating for Property and Casualty Insurance|§ 83-2-29. Penalties; procedures for license suspension

  If the commissioner finds that any person or organization has violated any provision of this chapter, the commissioner may impose a penalty in accordance with Section 83-5-85. Technical violations arising from systems or computer errors of the same type shall be treated as a single violation. In the event of an overcharge, if the insurer makes restitution, including payment of interest, no penalty shall be imposed.   The commissioner, within his discretion, is authorized to abate such part of the foregoing penalty as the facts of the particular case warrant and to bring suit for such lesser amount as may be determined, or to accept such lesser amount in settlement of the state's claim for penalties.   The commissioner may suspend the license of any rate service organization or insurer for failure to comply with an order of the commissioner within the time limit set forth in the order, or any extension thereof which the commissioner may grant. The commissioner may determine when a suspension of license shall become effective and it shall remain in effect for the stated period unless modified or rescinded by the commissioner until the order upon which the suspension is based is modified, rescinded or reversed.   A license shall not be suspended except upon a written order of the commissioner stating his findings, made after a hearing held upon not less than ten (10) days written notice to such person or organization, specifying the alleged violation.
MS Code § 83-2-31 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 2 - Competitive Rating for Property and Casualty Insurance|§ 83-2-31. Appeals; rates charged pending disposition of appeal

 Any order issued by the commissioner under this chapter may be appealed to the Chancery Court of the First Judicial District of Hinds County in the manner provided by law. Where the order of the commissioner results in an increase or decrease in rates, any insurer affected thereby with leave of court, pending final disposition of the proceedings in the court, may continue to charge rates which were obtained prior to such order of decrease, or may charge rates resulting from such order of increase on condition that the difference in the premiums be deposited in a special account by the insurer or paid to the holders of policies issued after the order of the commissioner, as the court may determine.
MS Code § 83-2-33 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 2 - Competitive Rating for Property and Casualty Insurance|§ 83-2-33. Property and casualty insurance companies to contribute to Insurance Department Fund; funding of agency expenses; deposit of monies into State General Fund

 All property and casualty insurance companies doing business in this state shall contribute annually, at such times as the Insurance Commissioner shall determine, in proportion to their gross premiums collected within the State of Mississippi during the preceding year, to a special fund in the State Treasury to be known as the "Insurance Department Fund" to be expended by the Insurance Commissioner in the payment of the expenses of the Department of Insurance as the commissioner may deem necessary.The commissioner is hereby authorized to employ such actuarial and other assistance as shall be necessary to carry out the duties of the department; and such employees shall be under the authority and direction of the Insurance Commissioner.The amount to be contributed annually to the fund shall be fixed each year by the Insurance Commissioner at a percentage of the gross premiums so collected during the preceding year.However, a minimum assessment of One Hundred Dollars ($100.00) shall be charged to each licensed property and casualty insurance company regardless of the gross premium amount collected during the preceding year.   The total contributions collected for the Insurance Department Fund shall not exceed the sum of Seven Hundred Fifty Thousand Dollars ($750,000.00) in each fiscal year.   From and after July 1, 2016, the expenses of this agency shall be defrayed by appropriation from the State General Fund and all user charges and fees authorized under this section shall be deposited into the State General Fund as authorized by law.   From and after July 1, 2016, no state agency shall charge another state agency a fee, assessment, rent or other charge for services or resources received by authority of this section.
MS Code § 83-2-35 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 2 - Competitive Rating for Property and Casualty Insurance|§ 83-2-35. Payment of fee by property and casualty insurers; deposit of fee into Insurance Department Fund; funding of agency expenses; deposit of monies into State General Fund

  This section applies to all forms of property and casualty insurance on risks or operations in this state by any insurer authorized to do business in this state, except:   Accident and health;   Ocean marine insurance;   Reinsurance;   Aircraft liability and aircraft hull insurance;   Title insurance;   Credit accident and health insurance.     All such insurers shall pay to the Commissioner of Insurance a fee of Fifteen Dollars ($15.00) for each form or rate filing filed with the commissioner. The commissioner shall pay such fees into the special fund in the State Treasury designated as the "Insurance Department Fund."   From and after July 1, 2016, the expenses of this agency shall be defrayed by appropriation from the State General Fund and all user charges and fees authorized under this section shall be deposited into the State General Fund as authorized by law.   From and after July 1, 2016, no state agency shall charge another state agency a fee, assessment, rent or other charge for services or resources received by authority of this section.
MS Code § 83-6-3 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 6 - Registration and Examination of Insurers|§ 83-6-3. Insurers required to register; time for registration; data may be required of other insurers

 Every insurer which is authorized to do business in this state and which is a member of an insurance holding company system, except a foreign insurer subject to disclosure requirements and standards adopted by statute or regulation in the jurisdiction of its domicile which are substantially similar to those contained in Sections 83-6-3 through 83-6-19, is required to register with the commissioner. Any insurer which is subject to registration under Sections 83-6-3 through 83-6-19 is required to register within sixty (60) days after July 1, 1974, or fifteen (15) days after it becomes subject to registration, whichever is later, unless the commissioner for good cause shown extends the time for registration, and then within such extended time. The commissioner may require any authorized insurer which is a member of a holding company system which is not subject to registration under Sections 83-6-3 through 83-6-19 to furnish a copy of the registration statement or other information filed by such insurer with the insurance regulatory authority of its domiciliary jurisdiction.
MS Code § 83-6-7 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 6 - Registration and Examination of Insurers|§ 83-6-7. Registration statement; immaterial information need not be disclosed; items deemed to be immaterial

 No information need be disclosed on the registration statement filed pursuant to Section 83-6-5 if such information is not material for the purposes of Sections 83-6-3 through 83-6-19. Unless the commissioner by rule, regulation or order provides otherwise, sales, purchases, exchanges, loans or extensions of credit or investments involving one-half of one percent (1/2 of 1%) or less of an insurer's admitted assets as of the thirty-first day of December next preceding are not to be deemed material for purposes of Sections 83-6-3 through 83-6-19.
MS Code § 83-6-9 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 6 - Registration and Examination of Insurers|§ 83-6-9. Registration statement; report of material changes or additions on amendment forms

 Each registered insurer is required to keep current the information required to be disclosed in its registration statement by reporting all material changes or additions on amendment forms provided by the commissioner within fifteen (15) days after the end of the month in which it learns of each such change or addition.
MS Code § 83-6-11 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 6 - Registration and Examination of Insurers|§ 83-6-11. Termination of registration of insurer no longer member of insurance holding company system; consolidated registration statement or amendment by affiliated insurers

  The commissioner is required to terminate the registration of any insurer which demonstrates that it no longer is a member of an insurance holding company system.   The commissioner may require or allow two (2) or more affiliated insurers subject to registration hereunder to file a consolidated registration statement or consolidated reports amending their consolidated registration statement on their individual registration statements.
MS Code § 83-6-13 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 6 - Registration and Examination of Insurers|§ 83-6-13. Insurer may register on behalf of affiliated insurer, when

 The commissioner may allow an insurer which is authorized to do business in this state and which is part of an insurance holding company system to register on behalf of any affiliated insurer which is required to register under Section 83-6-3 and to file all information and material required to be filed under Sections 83-6-3 through 83-6-19.
MS Code § 83-6-15 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 6 - Registration and Examination of Insurers|§ 83-6-15. Exemption of insurer, information or transaction from application of §§ 83-6-3 through 83-6-19

 The provisions of Sections 83-6-3 through 83-6-19 do not apply to any insurer, information or transaction if and to the extent that the commissioner, by rule, regulation or order, exempts the same from the provisions of Sections 83-6-3 through 83-6-19.
MS Code § 83-6-17 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 6 - Registration and Examination of Insurers|§ 83-6-17. Disclaimer of affiliation; effect of filing; disallowance

 Any person may file with the commissioner a disclaimer of affiliation with any authorized insurer or such a disclaimer may be filed by such insurer or any member of an insurance holding company system. The disclaimer shall fully disclose all material relationships and bases for affiliation between such person and such insurer as well as the basis for disclaiming such affiliation. A disclaimer of affiliation shall be deemed to have been granted unless the commissioner, within thirty (30) days following receipt of a complete disclaimer, notifies the filing party that the disclaimer is disallowed. In the event of disallowance, the disclaiming party may request an administrative hearing, which shall be granted. The disclaiming party is relieved of any duty to register or report under this chapter which may arise out of the insurer's relationship with such person if approval of the disclaimer has been granted by the commissioner, until the commissioner disallows such a disclaimer.
MS Code § 83-6-19 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 6 - Registration and Examination of Insurers|§ 83-6-19. Failure to file registration statement or amendment as violation

 The failure to file a registration statement or any amendment thereto required by Sections 83-6-3 through 83-6-19 within the time specified for such filing is a violation of Sections 83-6-3 through 83-6-19.
MS Code § 83-6-23 (2020)
2020 Mississippi Code|Title 83 - Insurance|Chapter 6 - Registration and Examination of Insurers|§ 83-6-23. Factors to be considered in determining reasonableness of insurer's surplus

 For purposes of this chapter, in determining whether an insurer's surplus as regards policyholders is reasonable in relation to the insurer's outstanding liabilities and adequate to its financial needs, the following factors, among others, are to be considered:   The size of the insurer as measured by its assets, capital and surplus, reserves, premium writings, insurance in force and other appropriate criteria;   The extent to which the insurer's business is diversified among the several lines of insurance;   The number and size of risks insured in each line of business;   The extent of the geographical dispersion of the insurer's insured risks;   The nature and extent of the insurer's reinsurance program;   The quality, diversification and liquidity of the insurer's investment portfolio;   The recent past and projected future trend in the size of the insurer's surplus as regards policyholders;   The surplus as regards policyholders maintained by other comparable insurers;   The adequacy of the insurer's reserves; and   The quality and liquidity of investments in affiliates. The commissioner may treat any such investment as a disallowed asset for purposes of determining the adequacy of surplus as regards policyholders whenever in his judgment such investment so warrants.