Arrowood Indemnity Company v. Mississippi Windstorm Underwriting Association

LAMAR, Justice,

for the Court:

¶ 1. Arrowood Indemnity Company,1 a member of the Mississippi Windstorm Underwriting Association (“the Windpool”), submitted its premium data as required for a post-Katrina data-correction process. Arrowood failed to claim the appropriate credits available to it by statute which, it alleges, resulted in a nearly five-million-dollar overpayment. But Arrowood had based its data submission on information provided by the Windpool, which was incorrect. So Arrowood requested an opportunity to submit the correct information, but the Windpool denied its request because…