After these extraordinary losses, reinsurance companies, insurers that share the cost of claims with primary companies, such as homeowners insurers, said that they could not assume so much risk and that primary companies must reduce their potential losses. During the Atlantic hurricane season, which lasts from June to November, every coastal state from Florida to Maine could potentially be hit by a storm.
Mississippi Commissioner of Insurance George Dale twill hold a public hearing for the his proposed regulation regarding a homeowner insurance policyholder bill of rights.
The hearing will be held at 9 a. The public is invited to attend and can also submit written comments on the proposed regulation.
The regulation is based in part on comments from citizens and similar legislation from the states of Maryland and Florida. Two major components of the proposed regulation are: Insurance companies will also be required to provide policyholder checklist that will help policyholders better understand the principal benefits and coverage provided in their policy.
The regulation shall apply to all insurance companies, including surplus lines companies, the Mississippi Windstorm Underwriting Association, and the Mississippi Residential Property Insurance Underwriting Association, writing homeowners personal lines residential property coverage insurance policies in the State of Mississippi.
The proposed regulation can be found on the Mississippi Insurance Department website at www.Mississippi Residential Property Insurance Underwriting Association is a privately held company in Jackson, MS and is a Single Location business.
Categorized under Insurance Companies. Our records show it was established in and incorporated in Mississippi. Please disable your popup blocker for this site to enable certain features, such as Viewing Documents.
In addition, please be sure you have a PDF Viewer installed. Insurance Company Examination Reports. Mississippi Windstorm Underwriting Association (Target Examination) 11/28/ back to top. Examination Reports. Mississippi Windstorm Underwriting Association: 12/31/ Mississippi Residential Property Insurance Underwriting Association.
Mississippi Residential Property Insurance Underwriting Association can be abbreviated as MRPIUA - Definition of MRPIUA - MRPIUA stands for Mississippi Residential Property Insurance Underwriting Association.
Contact Us Mississippi Residential Property Insurance Underwriting Association Mailing Address: P.O. Box Jackson, Ms Street Address: Wirtz Road, Flowood, Ms Front Desk Operator Phone: Email Us. The Mississippi Residential Property Insurance Association (MRPIUA) was created by the state legislature during its session.
The MRPIUA was created to assume the risk of policies in the former Mississippi Rural Risk Underwriting Association which serviced markets in the rural areas of the state and to offer fire and extended coverage for.