Statutes, codes, and regulations
Mississippi Administrative Code
Title 19 - Department of InsurancePart 5 - Non-Auto Property and Casualty InsuranceChapter 4 - (2007-2) Mississippi worker's compensation assigned risk plan and the Mississippi workers' compensation assigned risk pool
Rule 19-5-4.11 - Governing Articles: Article V
Section 19-5-4.11.5 - Examinations and Reserves

19 Miss. Code. R. 5-4.11.5

Download
PDF
Current through December 10, 2024
Section 19-5-4.11.5 - Examinations and Reserves

The Commissioner shall review loss payments and reserves for outstanding claims as reported to the Pool Administrator by the Servicing Carriers for the purpose of determining the underwriting results from policies issued pursuant to the Plan. The Commissioner may establish, in his sole discretion, additional reserves as he may deem necessary to adequately reflect such underwriting results. There shall be an annual independent actuarial evaluation of the Pool's reserves for unpaid losses.

19 Miss. Code. R. 5-4.11.5