Insurance Producer License in Mississippi

Mississippi licenses insurance professionals as Insurance Producers through the Mississippi Insurance Department (MID). Mississippi's insurance market is significantly shaped by its Gulf Coast exposure to hurricanes, which has led to challenging property insurance conditions and the creation of the Mississippi Windstorm Underwriting Association (MWUA) as a residual market for coastal wind coverage. After Hurricane Katrina in 2005, the state saw dramatic changes in property insurance availability and pricing. Mississippi requires pre-licensing education of approximately 40 hours per major line of authority. The state's rural economy and agricultural base also create demand for crop insurance, farm coverage, and commercial agricultural policies. Mississippi's relatively low cost of living translates to moderate licensing fees. Criminal background checks are required, and certain felony convictions may disqualify applicants. Continuing education is 24 hours biennially, including 3 hours of ethics. Mississippi participates in NIPR for non-resident licensing. The Jackson metropolitan area is the primary insurance industry center.