PocketLaw | Michigan Compiled Laws | Chapter 12 Agents, Solicitors,

Chapter 12 Agents, Solicitors, Adjusters, and Counselors (500.1200...500.1247)

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Section
500.1200

“Good Moral Character” Defined.

Section
500.1201

Definitions.

Section
500.1201a

Sale, Solicitation, or Negotiation of Insurance; License Required; Applicability to Excess and Surplus Lines Agents and Brokers.

Section
500.1202

Insurance Producer License; Definitions.

Section
500.1203

Authority of Insurance Producer for Fraternal Benefit Society; Authority of Attorney-in-Fact of Reciprocal or Inter-Insurance Exchange.

Section
500.1204

Applicant for Insurance Producer License; Examination; Registered Program of Study; Waiver of Examination or Program of Study Requirements; Administration of Examinations; Fee; Reapplication.

Section
500.1204a

Qualification as Registered Insurance Producer Program of Study; Criteria; Conducting Portion of Minimum Number of Classroom Hours of Instruction; Rules; Recommendations for Improvements in Course Materials; Failure to Maintain Reasonable Standards; Refusal by Director to Approve Insurance Education Instructor; Probation, Suspension, or Revocation of Approval.

Section
500.1204b

Repealed. 2017, Act 67, Imd. Eff. June 30, 2017.

Section
500.1204c

Insurance Producer's Hours of Study; Review; Continuing Education Requirements; Program of Study; Approval; Fee; Hearing; Revocation; Filing Certificate of Attendance or Instruction; Waiver; Reciprocal Agreements; Fees; Grace Period; Sale of Business and Failure to Meet Continuing Education Requirements; Cancellation of License; Review Date of Applicable 2-Year Period; Access to Classroom; Refusal to Approve Education Instructor; Probation, Suspension, or Revocation of Approval; Definitions.

Section
500.1204d

Continuing Education Fund; Creation; Administration; Disposition and Reversion of Funds; Funding of Shortfall.

Section
500.1204e

Nonresident License Applicant; Requirements.

Section
500.1204f

Long-Term Care Insurance; Requirements for Sale, Solicitation, or Negotiation by Individual; Delivery or Issuance by Insurer; 1-Time Training Course; Requirements.

Section
500.1205

Resident Insurance Producer License; Filing; Application; Statement; Requirements; Business Entity; Verification of Information; Limited Line Credit Insurance.

Section
500.1206

Insurance Producer License; Issuance; Qualification in Line of Insurance; Duration; Reinstatement; Contents of License; Change of Name or Address; Ministerial Functions.

Section
500.1206a

Nonresident Insurance Producer License; Requirements; Verification of Status; Change of Address; Nonresident Surplus Lines Insurance Producer License; Nonresident Limited Lines Insurance Producer.

Section
500.1206b

Nonresident Insurance Producer License; Prelicensing Education or Examination; Exemption; Application as Resident Licensee.

Section
500.1206c

Life and Health Insurance Producer Examinations; Summary of Statistical Information; Report.

Section
500.1207

Agent as Fiduciary; Accounting Methods; Examination of Records; Remuneration of Person Acting as Agent; Placing Refused Coverage; Use of Intimidation, Threats, or Unlawful Inducements; Agent as Party to Contract.

Section
500.1208

Insurance Effected by Agent on Certain Risks; Limitation.

Section
500.1208a

Appointment of Producer as Agent; Notice of Appointment; Filing; Verification of Eligibility; Fee.

Section
500.1208b

Termination of Business Relationship With Insurance Producer; Notice to Commissioner; Format; Liability for Disclosure of Information or Statement.

Section
500.1209

Termination of Insurance Producer's Authority to Represent Insurer; Responsibility and Authority of Insurance Producer Following Notice of Termination; Exceptions; Condition of Insurer's Authority to Transact Business in State; Construction of Subsection (2); “Automobile Insurance” and “Home Insurance” Defined.

Section
500.1210

Accident and Health Insurance Agent as Health Benefit Agent.

Section
500.1211

Solicitation and Collection on Behalf of Licensed Insurance Producer; Authorization; Contract; Agent of the Insured; Agent of the Insurer.

Section
500.1211a

Assumed Name; Use.

Section
500.1211b

Temporary License.

Section
500.1212

Persons Acting as Solicitors; Contract With Agent; License; Notice of Appointment.

Section
500.1214

Solicitor; Application for License and Notice of Appointment; Forms; Examination Required; Program of Study as Condition to Examination; Waiver of Examination or Program of Study; Investigations and Interrogatories; Decision; Issuance of License; Qualifications; Disclosures; Acting on Behalf of Sponsoring Agent; Contents of License; Person Licensed as Solicitor for Casualty Insurance Permitted to Act as Solicitor for Legal Expense Insurance; Duration and Surrender of License; Reexamination; Notice.

Section
500.1216

Solicitor as Fiduciary; Accounting Methods; Examination of Records; Remuneration of Person Acting as Agent or Solicitor.

Section
500.1218

Termination of Solicitor's Authority to Represent Agent; Notice; Disclosure; Liability of Agent.

Section
500.1222

Adjuster's License Required; Exemptions.

Section
500.1224

Adjuster; Application for License; Forms; Examination; Investigations and Interrogatories; Waiver; Decision; Issuance of License; Qualifications; Additional Restrictions; Licenses to Certain Persons Prohibited; "Home State" Defined.

Section
500.1226

Persons Aiding Adjuster; Representation by Adjuster; Procedure for Soliciting Loss; Schedule of Rates; Limitation on Charges; Contract.

Section
500.1227

Conduct of Adjuster; Prohibitions.

Section
500.1228

Records of Adjuster.

Section
500.1232

Insurance Counselor; License Required; Use of Designation “Certified Insurance Counselor” or “Fraternal Insurance Counselor”; Exceptions.

Section
500.1234

Insurance Counselor; Application for License; Forms; Examination; Investigations and Interrogatories; Decision; Issuance of License; Qualifications.

Section
500.1236

Written Agreement Between Insurance Counselor and Client.

Section
500.1238

Reporting Mailing and Electronic Mail Address of Agent, Solicitor, Counselor, or Adjuster; Notice of Change in Address; Maintaining Address on File; Mailing of Notice of Hearing or Process.

Section
500.1239

Probation, Suspension, or Revocation of Insurance Producer's License; Refusal to Issue or Reissue; Causes; Civil Fine; Notice of License Denial; Hearing; License of Business Entity; Penalties and Remedies.

Section
500.1240

Payment or Acceptance of Commission, Service Fee, or Valuable Consideration.

Section
500.1242

Refusal, Suspension, or Revocation of License; Notice; Hearings; Summary Suspension; Subpoenas.

Section
500.1243

Definitions; Sale of Insurance by Lender.

Section
500.1244

Violation of Chapter; Hearing; Serving Copy of Findings and Cease and Desist Order; Additional Orders; Reopening, Altering, Modifying, or Setting Aside Order; Violation of Cease and Desist Order; Notice and Hearing; Civil Fine; Suspension or Revocation of License; Disposition of Fine; Court of Claims.

Section
500.1246

Confidentiality; Use of Documents, Materials, or Other Information.

Section
500.1247

Report of Administrative Action.