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218-1956-24
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THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
Chapter 24
CASUALTY INSURANCE RATES

DocumentTypeDescription
Section 500.2400SectionPurposes and interpretation of chapter.
Section 500.2400aSectionRepealed. 1993, Act 200, Eff. Dec. 28, 1994.
Section 500.2401SectionApplicability of chapter; insurance or coverage subject to regulation by another rate regulatory chapter; filing designation with commissioner; order for prior approval; absence of reasonable degree of competition.
Section 500.2402SectionDefinitions; data collection agency; creation; purpose; governing board; appointment, terms, and qualifications of members; conduct of business at public meeting.
Section 500.2403SectionRate-making provisions; uniformity among insurers.
Section 500.2404SectionSecondary or merit rating plan for commercial liability insurance rates; rating plan for medical malpractice insurance; limitations; “commercial liability insurance” defined.
Section 500.2405SectionLiquor liability insurance policies; server training discount plan; certified server training course.
Section 500.2406SectionRequired filings by insurers; insufficient information; supporting information; notice; public inspection; becoming member of or subscriber to licensed rating organization; rates and rating systems regarding worker's compensation insurance; filings; certification; trade secret.
Section 500.2407Section“Pure premium data” defined; worker's compensation insurance; collecting, compiling, or making available to insurers certain information; filing rating system incompatible with approved statistical plans; proposed plan for reporting data; hearing; sharing information in establishing rates prohibited; exception; cost of operating data collection agency; rules; applicability of section.
Section 500.2408SectionReview of filings by commissioner; purpose; waiting period; extension; effective date of filing; special filing; section inapplicable to worker's compensation insurance.
Section 500.2409SectionRepealed. 2016, Act 101, Eff. Aug. 1, 2016.
Section 500.2409aSectionRepealed. 2016, Act 101, Eff. Aug. 1, 2016.
Section 500.2409bSectionRepealed. 2016, Act 104, Eff. Aug. 1, 2016.
Section 500.2409cSectionRepealed. 2016, Act 99, Eff. Aug. 1, 2016.
Section 500.2410SectionFiling requirements; modification or suspension by insurance commissioner.
Section 500.2411SectionRates and rating systems; classifications; merit rating plan; use of single enterprise rule or similar rule prohibited.
Section 500.2412SectionFiling requirements; adherence by insurer.
Section 500.2414SectionFiling requirements; excess rates on specific risks.
Section 500.2416SectionDisapproval of filing; notice; waiting period.
Section 500.2418SectionDisapproval of filing after approval; hearing; notice; procedure.
Section 500.2419SectionExcessive premium charges for worker's compensation insurance; personal meeting with management representative; providing reserve and redemption information to insured upon request; determination of dispute by commissioner; rules; redemption of worker's compensation claim; notice.
Section 500.2420SectionComplaint of aggrieved person or organization; application for hearing; notice; order rendering filing ineffective; filing by insurer providing worker's compensation insurance controlled by nonprofit health care corporation; prohibited use of section.
Section 500.2421SectionInsurer authorized to write worker's compensation insurance; prohibited acts.
Section 500.2426SectionManual of classifications, rules and rating plans; rates meeting standards.
Section 500.2430SectionManual of classifications; rules and rating plans; alternative filing; effective date; hearing; order of disapproval; adjustment of premium; review of filing.
Section 500.2431SectionGroup rated automobile insurance; MCL 500.2430 inapplicable.
Section 500.2434SectionMalpractice insurance for physicians; rating classifications; furnishing classifications to legislature and governor.
Section 500.2436SectionApplication for license as rating organization; issuance of license by commissioner; fee; duration; notification of changes.
Section 500.2438SectionRating organizations; subscribers; notice of changes in rules; furnishing of service without discrimination; review; order.
Section 500.2440SectionRating organizations; rules affecting payment of dividends, savings or unabsorbed premium.
Section 500.2446SectionRating organizations; cooperation with other rating organizations and insurers, discontinuance.
Section 500.2450SectionRating organizations; deviation from filings, procedure, termination of deviation.
Section 500.2452SectionRating organizations; alternative deviation, without waiting period, procedure, termination of deviation.
Section 500.2456SectionRating organizations; subscriber appeal to insurance commissioner from action by organization.
Section 500.2458SectionFurnishing information as to rates; hearings for persons aggrieved by rating system; appeal; representation.
Section 500.2462SectionAdvisory organizations; definition; filing; discontinuance of unfair or unreasonable practices; rate filings; violation.
Section 500.2464SectionJoint underwriting or reinsurance; unfair activities.
Section 500.2468SectionExamination of rating organizations; report.
Section 500.2472SectionStatistical plans; exchange of data, consultation.
Section 500.2474SectionProhibited acts; violation; penalties.
Section 500.2475SectionPolicy forms and statistical plans for worker's compensation insurance; continuation.
Section 500.2476SectionAssigned risks; rate modifications.
Section 500.2477SectionRepealed. 2016, Act 102, Eff. Aug. 1, 2016.
Section 500.2477aSectionRepealed. 2016, Act 102, Eff. Aug. 1, 2016.
Section 500.2477bSectionRepealed. 2016, Act 102, Eff. Aug. 1, 2016.
Section 500.2477cSectionRepealed. 2016, Act 102, Eff. Aug. 1, 2016.
Section 500.2477dSectionRepealed. 2016, Act 98, Eff. Aug. 1, 2016.
Section 500.2478SectionViolation of chapter; imposition and disposition of civil fine; suspension or revocation of license.
Section 500.2482SectionInsurer or rating organization aggrieved by order without hearing; hearing, court review.
Section 500.2484SectionInsurance commissioner; regulatory powers.
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