Senate Bill 2979, Increase of certain fees for services provided by the Mississippi Department of Insurance

[LOGO] # MISSISSIPPI INSURANCE DEPARTMENT 501 N. WEST STREET, SUITE 1001 WOOLFOLK BUILDING JACKSON, MISSISSIPPI 39201 www.doi.state.ms.us MAILING ADDRESS Post Office Box 79 Jackson, Mississippi 39205-0079 TELEPHONE: (601) 359-3569 FAX: (601) 359-2474 WATS: 1-800-562-2957 (Incoming - USA) MIKE CHANEY Commissioner of Insurance State Fire Marshal # MISSISSIPPI DEPARTMENT OF INSURANCE # BULLETIN 2008-4 TO: ALL LICENSED INSURANCE COMPANIES FROM: MIKE CHANEY COMMISSIONER OF INSURANCE DATE: APRIL 11, 2008 RE: SENATE BILL 2979 INCREASE OF CERTAIN FEES FOR SERVICES PROVIDED BY THE MISSISSIPPI DEPARTMENT OF INSURANCE The Mississippi Legislature during the 2008 Regular Legislative Session passed Senate Bill 2979, which amends Miss. Code Ann. §§ 83-5-73, 83-5-75, and 83-5-77 to increase certain fees paid by licensed insurance companies for certain services provided by the Mississippi Department of Insurance. This Bulletin has been prepared to advise companies of the new fee amounts as established by Senate Bill 2979. Revised Fees and Amounts: | Document | Previous Fee | New Fee | | --- | --- | --- | | Certificates of Authority | | | | General or District Agent | $ 15.00 | $ 25.00 | | Local or Soliciting | $ 10.00 | $ 25.00 | | Form A Filing | $ 25.00 | $2,000.00 | | Other Paper Required by Law | $ 25.00 | $ 50.00 | 1 | Document | Old Fee | New Fee | | --- | --- | --- | | Continuing Education Program Approval | $ 25.00 | $ 50.00 | | Company Certification | $ 20.00 | $ 40.00 | | Seal | $ 10.00 | $ 20.00 | | Larger Fraternals | | | | Preliminary to Admission | $ 25.00 | $1,000.00 | | Filing/Auditing Annual Statement | $ 25.00 | $ 500.00 | | All Other Fees | $ 10.00 | $ 50.00 | | Publication of Annual Statements | $ 40.00 | $ 80.00 | | Copies | $ .25 | $ .50 | | Certification | $ 10.00 | $ 20.00 | # **Effective Date:** The provisions contained within this Bulletin and in Senate Bill 2979 became effective on April 7, 2008. If there are any questions concerning this Bulletin, contact the Mississippi Department of Insurance at (601) 359-3569. Lee Harrell LEE HARRELL DEPUTY COMMISSIONER OF INSURANCE 2