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Tag Archives: Clarity Act

Insurers face Oct. 1 deadline for Clarity Act

Insurers in Mississippi have an Oct. 1 deadline to provide the state Insurance Department with data mandated by the new Property Insurance Clarity Act. Mississippi follows neighboring Alabama and Louisiana in requiring major insurance companies to supply details on premiums and losses by county and zip code. Insurance Commissioner Mike Chaney had already issued his own data call back in ...

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House bill would require more information from insurers

JACKSON — Lawmakers could require insurers to disclose how much they collect in premiums and how much they pay in claims in each ZIP code. House Bill 753 could spark more debate over how much coastal homeowners are charged to cover against hurricanes, as well as make it clearer what areas private wind insurers are avoiding. The House Insurance Committee ...

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