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Chapter 24 Casualty Insurance Rates (500.2400...500.2484)
Law
Michigan Compiled Laws
Insurance Code of 1956
218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)
Chapter 24 Casualty Insurance Rates (500.2400...500.2484)
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Section
500.2400
Purposes and Interpretation of Chapter.
Section
500.2400a
Repealed. 1993, Act 200, Eff. Dec. 28, 1994.
Section
500.2401
Applicability 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
500.2402
Definitions; Data Collection Agency; Creation; Purpose; Governing Board; Appointment, Terms, and Qualifications of Members; Conduct of Business at Public Meeting.
Section
500.2403
Rate-Making Provisions; Uniformity Among Insurers.
Section
500.2404
Secondary or Merit Rating Plan for Commercial Liability Insurance Rates; Rating Plan for Medical Malpractice Insurance; Limitations; “Commercial Liability Insurance” Defined.
Section
500.2405
Liquor Liability Insurance Policies; Server Training Discount Plan; Certified Server Training Course.
Section
500.2406
Required 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
500.2407
“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
500.2408
Review of Filings by Commissioner; Purpose; Waiting Period; Extension; Effective Date of Filing; Special Filing; Section Inapplicable to Worker's Compensation Insurance.
Section
500.2409
Repealed. 2016, Act 101, Eff. Aug. 1, 2016.
Section
500.2409a
Repealed. 2016, Act 101, Eff. Aug. 1, 2016.
Section
500.2409b
Repealed. 2016, Act 104, Eff. Aug. 1, 2016.
Section
500.2409c
Repealed. 2016, Act 99, Eff. Aug. 1, 2016.
Section
500.2410
Filing Requirements; Modification or Suspension by Insurance Commissioner.
Section
500.2411
Rates and Rating Systems; Classifications; Merit Rating Plan; Use of Single Enterprise Rule or Similar Rule Prohibited.
Section
500.2412
Filing Requirements; Adherence by Insurer.
Section
500.2414
Filing Requirements; Excess Rates on Specific Risks.
Section
500.2416
Disapproval of Filing; Notice; Waiting Period.
Section
500.2418
Disapproval of Filing After Approval; Hearing; Notice; Procedure.
Section
500.2419
Excessive 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
500.2420
Complaint 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
500.2421
Insurer Authorized to Write Worker's Compensation Insurance; Prohibited Acts.
Section
500.2426
Manual of Classifications, Rules and Rating Plans; Rates Meeting Standards.
Section
500.2430
Manual of Classifications; Rules and Rating Plans; Alternative Filing; Effective Date; Hearing; Order of Disapproval; Adjustment of Premium; Review of Filing.
Section
500.2431
Group Rated Automobile Insurance; MCL 500.2430 Inapplicable.
Section
500.2434
Malpractice Insurance for Physicians; Rating Classifications; Furnishing Classifications to Legislature and Governor.
Section
500.2436
Application for License as Rating Organization; Issuance of License by Commissioner; Fee; Duration; Notification of Changes.
Section
500.2438
Rating Organizations; Subscribers; Notice of Changes in Rules; Furnishing of Service Without Discrimination; Review; Order.
Section
500.2440
Rating Organizations; Rules Affecting Payment of Dividends, Savings or Unabsorbed Premium.
Section
500.2446
Rating Organizations; Cooperation With Other Rating Organizations and Insurers, Discontinuance.
Section
500.2450
Rating Organizations; Deviation From Filings, Procedure, Termination of Deviation.
Section
500.2452
Rating Organizations; Alternative Deviation, Without Waiting Period, Procedure, Termination of Deviation.
Section
500.2456
Rating Organizations; Subscriber Appeal to Insurance Commissioner From Action by Organization.
Section
500.2458
Furnishing Information as to Rates; Hearings for Persons Aggrieved by Rating System; Appeal; Representation.
Section
500.2462
Advisory Organizations; Definition; Filing; Discontinuance of Unfair or Unreasonable Practices; Rate Filings; Violation.
Section
500.2464
Joint Underwriting or Reinsurance; Unfair Activities.
Section
500.2468
Examination of Rating Organizations; Report.
Section
500.2472
Statistical Plans; Exchange of Data, Consultation.
Section
500.2474
Prohibited Acts; Violation; Penalties.
Section
500.2475
Policy Forms and Statistical Plans for Worker's Compensation Insurance; Continuation.
Section
500.2476
Assigned Risks; Rate Modifications.
Section
500.2477
Repealed. 2016, Act 102, Eff. Aug. 1, 2016.
Section
500.2477a
Repealed. 2016, Act 102, Eff. Aug. 1, 2016.
Section
500.2477b
Repealed. 2016, Act 102, Eff. Aug. 1, 2016.
Section
500.2477c
Repealed. 2016, Act 102, Eff. Aug. 1, 2016.
Section
500.2477d
Repealed. 2016, Act 98, Eff. Aug. 1, 2016.
Section
500.2478
Violation of Chapter; Imposition and Disposition of Civil Fine; Suspension or Revocation of License.
Section
500.2482
Insurer or Rating Organization Aggrieved by Order Without Hearing; Hearing, Court Review.
Section
500.2484
Insurance Commissioner; Regulatory Powers.