§ 83-5-711. Confidentiality
Documents, materials or other information including the CGAD, in the possession or control of the Department of Insurance that are obtained by, created by or disclosed to the commissioner or any other person under this article, are recognized by this state as being proprietary and to contain trade secrets. All such documents, materials or other […]
§ 83-5-713. NAIC and third-party consultants
The commissioner may retain, at the insurer’s expense, third-party consultants, including attorneys, actuaries, accountants and other experts not otherwise a part of the commissioner’s staff as may be reasonably necessary to assist the commissioner in reviewing the CGAD and related information or the insurer’s compliance with this article. Any persons retained under subsection (1) of […]
§ 83-5-715. Penalties for failure to file
Any insurer failing, without just cause, to timely file the CGAD as required in this article shall be required, after notice and hearing, to pay a penalty of One Hundred Dollars ($100.00) for each day’s delay, to be recovered by the commissioner and the penalty so recovered shall be paid into the State General Fund. […]
§ 83-5-801. Short title
This article shall be known and may be cited as the “Insurance Data Security Law.”
§ 83-5-803. Article establishes exclusive state standards for data security, investigation of cybersecurity event, and notification to Commissioner of Insurance
Notwithstanding any other provision of law, this article establishes the exclusive state standards applicable to licensees for data security, the investigation of a cybersecurity event as defined in Section 83-5-805, and notification to the Commissioner of Insurance. This article may not be construed to create or imply a private cause of action for violation of […]
§ 83-5-805 Definitions.
As used in this article, the following terms shall have the following meanings: “Authorized individual” means an individual known to and screened by the licensee and determined to be necessary and appropriate to have access to the nonpublic information held by the licensee and its information systems. “Commissioner” means the Commissioner of Insurance. “Consumer” means […]
§ 83-5-501. Title
Sections 83-5-501 through 83-5-505 shall be known as the “Property and Casualty Actuarial Opinion Act.”
§ 83-5-503. Actuarial opinion of reserves and supporting documentation
Statement of Actuarial Opinion.- Every property and casualty insurance company doing business in this state, unless otherwise exempted by the domiciliary commissioner, shall annually submit the opinion of an appointed actuary entitled “Statement of Actuarial Opinion.” This opinion shall be filed in accordance with the appropriate National Association of Insurance Commissioners (NAIC) Property and Casualty […]
§ 83-5-505. Confidentiality
The Statement of Actuarial Opinion shall be provided with the annual statement in accordance with the appropriate NAIC Property and Casualty Annual Statement Instructions and shall be treated as a public document. Documents, materials or other information in the possession or control of the Department of Insurance that are considered an actuarial report, workpapers or […]
§ 83-5-601. Legislative findings and intent
In order to encourage and facilitate collaboration between Mississippi Medicaid providers and managed care entities contracting on a capitated basis with the Division of Medicaid pursuant to Section 43-13-117(H), to align incentives in support of integrated and coordinated health care delivery, and to encourage the development of appropriate population or community health strategies to better […]