19 Miss. Code. R. 5-2.05
For Casualty lines only, companies who are not members of a licensed rating organization may become "Reference Filers" in Mississippi. Forms to accomplish this will be submitted to licensed companies requesting same and contain the following language.
The Mississippi Insurance Commission has in effect a Reference Filing Agreement applicable to licensed casualty insurance companies who have no casualty rating bureau affiliation. The purpose of this system is to facilitate action on independent filings and eliminate the unnecessary duplications involved in filing complete bureau manuals with the exception pages for each company.
Any casualty company licensed to do business in Mississippi may make independent filings provided such company is not affiliated with a licensed rating bureau for those coverages.
It is the intent of this office to eliminate the necessity for filing manuals and revisions by soliciting your cooperation, which we believe will expedite the required action upon any filing made to this office.
This system will require the independent filer to notify this office that they are a manual subscriber to a particular rating bureau and will follow the standard manual and subsequent revisions as of the published effective date unless otherwise noted.
Any exception page must be filed as previously required in color and identifiable with the manual rule. Such pages should also be submitted in duplicate.
Rate deviations (variations from manual rates) must be supported as required by law.
This is not a mandatory requirement. If a company wishes to comply with this system, it must do so voluntarily. For that reason, we are attaching an agreement to be completed and returned to this office.
Full Company Name ____________________________________________________________
REFERENCE FILING AGREEMENT
The undersigned is a purchaser of the manual service of the Bureau(s) checked below and agrees to accept, by reference, all filings and future revisions of all manuals filed by said Bureau and approved for use in the State of Mississippi. All changes are to become effective for the undersigned simultaneously with the Bureau filing. Nothing herein contained shall effect or abridge the right of the undersigned to file variations to any rates or rules contained in the Bureau manuals.
This agreement shall be effective as of the date it is approved by the Mississippi Insurance Commission and shall remain in full force until either withdrawn by the undersigned or ordered rescinded by the Mississippi Insurance Commission.
__________________________ Insurance Rating Board
__________________________ Mutual Insurance Rating Bureau
__________________________ Surety Association of America
Company ___________________________________________________________________
By ___________________________________________________________________
Title ___________________________________________________________________
Date ___________________________________________________________________
19 Miss. Code. R. 5-2.05