MS Insurance Bulletin 99-8

Company Loss Runs

Year: 1999Length: 194 wordsOfficial source
[LOGO] # STATE OF MISSISSIPPI Mississippi Insurance Department GEORGE DALE Commissioner of Insurance State Fire Marshal RONALD E. HANNA Deputy Commissioner 1804 Walter Sillers Building (39201) Post Office Box 79 Jackson, Mississippi 39205-0079 (601) 359-3589 FAX (601) 359-2543 http://www.doi.state.ms.us December 8, 1999 Bulletin No: 99-8 # BULLETIN TO ALL LICENSED PROPERTY AND CASUALTY COMPANIES # RE: COMPANY LOSS RUNS It has come to the attention of this office that some insureds are having a difficult time obtaining company loss runs from their insurance carrier when seeking quotations or when placing their coverage with another insurer. All Mississippi licensed property and casualty insurance companies shall promptly reply to these requests by mailing a copy of the loss runs to the insured. Please be advised that the failure to provide the company loss runs or the failure to proceed with due diligence in providing this information will be considered a violation of the Mississippi Fair Trade Practices Act, specifically Mississippi Code Ann. Section 83-5-45 (Rev. 1999). Mississippi law provides for a $5000.00 fine, per violation, and this Department will vigorously pursue all reported and substantiated violations. George Dale George Dale Commissioner of Insurance State of Mississippi
MS Insurance Bulletin 99-8: Company Loss Runs | Justis AI