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The Mississippi Insurance Department was created as a separate department by an Act of the Mississippi Legislature, effective March 1, 1902.The Act provided for the election of an Insurance Commissioner at the general election of 1903 and provided that until the election and qualification of such Insurance Commissioner, the duties of the office should be discharged by the State Auditor of ...
An insurance commissioner (or commissioner of insurance) is a public official in the executive branch of a state or territory in the United States who, along with their office, regulate the insurance industry. The powers granted to the office of an insurance commissioner differ in each state.
Insurance is characterized as a business vested or affected with the public interest. [2] Thus, the business of insurance, although primarily a matter of private contract, is nevertheless of such concern to the public as a whole that it is subject to governmental regulation to protect the public’s interests. [1]
The Mississippi Senate passed a bill to establish online portals for insurance providers to issue prior authorizations. It will now go to the House. Mississippi Senate passes new insurance bill.
The Mississippi Legislature passed a bill Tuesday to create portals and standard timelines for insurance companies to give prior authorizations on medical procedures.
Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage. Most states require a motor vehicle owner to carry some ...
The National Flood Insurance Program (NFIP), which underwrites many flood insurance policies, has various coverage restrictions. For example, NFIP doesn’t cover roads or wastewater infrastructure.
Blue Cross and Blue Shield insurance companies are licensees, independent of the association and traditionally of each other, [16] offering insurance plans within defined regions under one or both of the association's brands. Blue Cross Blue Shield insurers offer some form of health insurance coverage in every U.S. state.
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