19 Miss. Code. R. § 5-3.04 - Definitions
Current through December 27, 2021
A. "Insurer" means those companies subject to
the jurisdiction of the Department as provided inMiss. Code
Ann.
§
83-5-1
(Rev. 1999), and which provide personal residential property insurance coverage
in the State of Mississippi. The term insurer shall include eligible
non-admitted insurers/surplus lines insurers doing business in Mississippi
pursuant to Miss. Code Ann.
§
83-21-17, et
seq. (Rev. 1999), the Mississippi Windstorm Underwriting Association (MWUA),
and the Mississippi Residential Property Insurance Underwriting Association
(MRPIUA).
B. "Homeowners coverage"
means any personal lines residential property insurance coverage including any
homeowner, dwelling, mobile home, tenant or condominium unit owner form of
coverage. For the purposes of this Regulation, this shall include mobile home/
manufactured housing property coverage.
C. "Windstorm coverage" means any personal
lines residential property insurance coverage which provides insurance coverage
for any loss due to a windstorm, hurricane or hail.
Notes
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