Chapter 34 - Windstorm Underwriting Association.
- 83-34-1 - Definitions.
- 83-34-3 - Creation of Mississippi Windstorm Underwriting Association organizational structure; certain licensed insurers to become assessable insurers; association revenues; association not subj
- 83-34-4 - Nonadmitted policy fee; responsibility of agent placing insurance through nonadmitted insurer to collect and remit fees; calculation of fee; penalty for nonpayment.
- 83-34-5 - Powers and duties.
- 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
- 83-34-9 - Participation by assessable insurers in regular assessments levied by association; financial incentives and/or penalties to ensure assessable insurers write insurance in the coast area.
- 83-34-10 - Power to levy regular assessments upon occurrence of certain events; maximum total assessments.
- 83-34-11 - Implementation of surcharge on all property and casualty premiums; exceptions; collection of surcharges; funds collected as surcharges to be used to reimburse assessable insurers for regula
- 83-34-12 - Deferment of assessable insurer's regular assessment; amount deferred to be assessed against other assessable insurers.
- 83-34-13 - Plan of operation; contents; approval by commissioner; certification of approval; effective date of plan.
- 83-34-15 - Application for coverage; inspection of property; issuance of insurance; appeal of denial of application.
- 83-34-16 - Premium discount for building "fortified home."
- 83-34-17 - Rates.
- 83-34-19 - Appeals.
- 83-34-21 - Reports of inspection made available.
- 83-34-23 - Immunity from liability.
- 83-34-25 - Annual report.
- 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.
- 83-34-29 - Rules and regulations.
- 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.
- 83-34-33 - Surcharge for excess hurricane losses on all property and casualty premiums; exempted premiums; purpose of certain surcharges to be designated and specifically identified; licensed insurers
- 83-34-35 - Commissioner to approve association rates at least adequate to fund annual reinsurance above a certain reserve.
- 83-34-37 - Mississippi Windstorm Underwriting Association Reinsurance Assistance Fund created; purpose; use of funds; reports.
- 83-34-39 - Deposit of monies into Mississippi Windstorm Underwriting Association Reinsurance Assistance Fund [Repealed effective July 1, 2010].