Mississippi HB1714 would strengthen properties against severe weather by establishing a comprehensive hurricane damage mitigation program.
Mississippi HB1714 brings forward and amends sections of the Mississippi Code of 1972 to establish a Comprehensive Hurricane Damage Mitigation Program within the Department of Insurance. The program aims to mitigate hurricane damage through cost-benefit studies, education, and financial grants for retrofitting properties. It also establishes the Mississippi Windstorm Mitigation Fund for these purposes. The bill outlines the roles and responsibilities of the Mississippi Windstorm Underwriting Association, including issuing policies, collecting fees, and managing assessments.
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