MS HB1172

Amends Mississippi's Insurance Holding Company Act to require group capital calculations and liquidity stress test filings for certain insurance holding company systems, aligned with National Association of Insurance Commissioners (NAIC) standards and instructions.

Exempts specific insurance holding company systems from group capital calculation filing requirements, including single-insurer systems, those regulated by the Federal Reserve Board, and systems under non-U.S. group-wide supervisors in reciprocal jurisdictions.

Authorizes the Commissioner of Insurance to require insurers in hazardous financial condition to secure deposits or bonds from affiliated parties for contract performance protection and establishes standards for affiliate transactions including record segregation and data access rights.

Requires supervision, seizure, conservatorship, or receivership proceedings to extend to affiliates providing integral operational services to insurers under management agreements.

Maintains strict confidentiality of group capital calculations, group capital ratios, and liquidity stress test results, prohibiting public disclosure except under limited circumstances and restricting misleading statements about these regulatory tools.