Revocation of Certificate of Authority

Revocation of Certificate of Authority Failure to comply with a material provision of this regulation is considered a violation of Miss. Code Ann. § 83-5-17 (Rev. 1999) and Miss. Code Ann. §§ 83-5-29 through 83-5-51 (Rev. 1999). Violation of said statutes may subject the insurer to the suspension or revocation of the insurer’s Certificate of Authority, the imposition of an administrative fine, or both.