PocketLaw | Michigan Compiled Laws | Chapter 10 Annual Audited

Chapter 10 Annual Audited Financial Reports (500.1001...500.1033)

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Section
500.1001

Definitions.

Section
500.1003

Nonapplicability of Chapter.

Section
500.1005

Insurer; Annual Audit; Filing Date; Extensions; Designation of Audit Committee.

Section
500.1007

Annual Audited Financial Report; Contents; Form; Conduct of Examination by Independent Public Accountant.

Section
500.1009

Insurer Required to File Annual Audited Report; Registration of Insurer's Independent Public Accountant; Letter Required; Dismissal or Resignation of Independent Public Accountant; Notice; Report of Disagreement; Responsive Letter.

Section
500.1010

Recognition of Person or Firm as Independent Public Accountant; Mediation or Arbitration of Disputes; Limitation on Period of Service; Relief From Rotation Requirement; Restrictions; Hearing; Ruling by Commissioner; Exemption From Subsection (7); Nonaudit Services; Preapproval; Waiver; Independent Public Accountant Not Recognized as Qualified; Condition; Relief From Subsection (14).

Section
500.1011

Audited Consolidated or Combined Financial Statements; Application for Filing; Work Sheet.

Section
500.1015

Independent Public Accountant; Reporting Determination That Insurer Materially Misstated Financial Condition or Does Not Meet Requirements of MCL 500.408 or MCL 500.410; Liability; Action to Be Taken After Date of Audited Financial Report.

Section
500.1017

Independent Public Accountant; Communicating Unremediated Material Weaknesses; Description.

Section
500.1019

Independent Public Accountant; Filing Letter With Annual Audited Financial Report; Contents.

Section
500.1021

Work Papers; Availability; Retention; Review as Investigation; Use.

Section
500.1023

Compliance With Chapter; Exemption; Filing Reports on Other Than Calendar Year Basis; Compliance by Domestic Insurers; Schedule; Compliance by Foreign Insurers.

Section
500.1025

Canadian and British Insurers; Annual Audited Financial Report; Contents of Independent Public Accountant's Letter.

Section
500.1027

Applicability of Section to Domestic Insurer Not Sox Compliant Entity; Duties of Audit Committee; Member of Audit Committee as Independent; Election of Controlling Person; Report by Accountant; Reports Provided on Aggregate Basis; Structure of Audit Committee; Waiver From Section Based on Hardship; Effective Date of Section; "Direct Written and Assumed Premiums" Defined.

Section
500.1028

Internal Audit Function; Exemption; Confidentiality; Report to Audit Committee.

Section
500.1029

Director or Officer of Insurer; Prohibited Conduct.

Section
500.1031

Report of Insurer's or Group of Insurers' Internal Control Over Financial Reporting; Requirements.

Section
500.1033

Exemption From Any or All Provisions of Chapter.