By Mississippi Insurance Commissioner Mike Chaney Commissioner Mike Chaney at the Commissioner's Roundtable this morning during the NAIC Summer National Meeting in Chicago, August 2024 (Photo from MID on Facebook) Over the past year, more than 200,000 Mississippians have left the Affordable Care Act marketplace as the cost of coverage has increased due to the expiration of the Enhanced Premium Tax Credits at the end of 2025. At the same time, insurers are requesting significant rate increases...

By Mississippi Insurance Commissioner Mike Chaney Insurance fraud is not a victimless crime. It's been around for as long as insurance, and it costs businesses billions of dollars each year - an expense that is passed on to consumers in the form of higher premiums. Although the overwhelming majority of insurance agents and companies are honest and reputable, there are some bad actors. My office deals with common scenarios, including scammers offering fake policies at costs that are...