Mississippi Insurance Commissioner Mike Chaney has delivered a $2 million check targeted for the state’s general fund.
The money, derived from fees paid by the surplus lines insurance industry, will go to the Department of Finance and Administration for deposit into the general fund.
This money shift was made possible by recent legislation.
The money represents fees collected by the Mississippi Surplus Lines Association, which collects surplus lines fees and premium taxes under the authority and supervision of Chaney’s office.
Topics Excess Surplus Mississippi
Was this article valuable?
Here are more articles you may enjoy.
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
US Appeals Court Rejects Challenge to Trump’s Efforts to Ban DEI 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk 
