83-23-105 - Application of article; exceptions. - Mississippi Statutes

§ 83-23-105. Application of article; exceptions.
 

This article shall apply to all kinds of direct insurance except the following: 
 

(a) Life, annuity, health or disability insurance; 

(b) Mortgage guaranty, financial guaranty or other forms of insurance offering protection against insolvent risks; 

(c) Fidelity or surety bonds, or any other bonding obligations; 

(d) Credit insurance; 

(e) Insurance of warranties or service contracts; 

(f) Title insurance; 

(g) Ocean marine insurance; 

(h) Any transaction or combination of transactions between a person (including affiliates of such person) and an insurer (including affiliates of such insurer) which involves the transfer of investment or credit risk unaccompanied by transfer of insurance risk; and 

(i) Any insurance provided by or guaranteed by government. 
 

Sources: Codes, 1942, § 5814-53; Laws,  1970, ch. 446, § 3; Laws,  1992, ch. 412, § 1, eff from and after July 1, 1992.