Sec. 403. A domestic, foreign, or alien insurer shall not be authorized to do business in this state or continue to be authorized to do business in this state if the insurer is not or does not continue to be safe, reliable, and entitled to public confidence.
Mich. Comp. Laws § 500.403
Insurers; authorization to do business
Applied in 3 court decisions — leading case 258 Mich. App. 260 - Churella v. Pioneer State Mutual Insurance (2003)
Most recently applied in 258 Mich. App. 260 - Churella v. Pioneer State Mutual Insurance (October 2003)
1956, Act 218, Eff
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.