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Chapter

Chapter 19

  • Mich. Comp. Laws § 500.1901— Short title
  • Mich. Comp. Laws § 500.1902— Liberal construction and application
  • Mich. Comp. Laws § 500.1903— Definitions; conflicting provisions
  • Mich. Comp. Laws § 500.1903a— Contract of insurance
  • Mich. Comp. Laws § 500.1904— Rates and forms used by unauthorized insurers
  • Mich. Comp. Laws § 500.1905— License required to act as agent or broker in transaction of surplus lines insurance; compliance; requirements for obtaining surplus lines license; permissible acts of surplus lines licensee; conditions to placement of insurance with eligible unauthorized insurer
  • Mich. Comp. Laws § 500.1906— Books and records of surplus lines licensee; examination; access
  • Mich. Comp. Laws § 500.1910— Prohibited placement of insurance with unauthorized insurer; rebuttable presumption as to availability of coverages; list of unavailable lines of insurance; additions to or deletions from list; publication, revision, and availability of list
  • Mich. Comp. Laws § 500.1911— Issuing evidence of placement of insurance with eligible unauthorized insurer; conditions; identification of entities directly assuming risk of loss; specifying obligation as joint or several; specifying proportion of obligation assumed
  • Mich. Comp. Laws § 500.1912— Delivery of written evidence of insurance to insured or insured's representative; time; conditions
  • Mich. Comp. Laws § 500.1913— Separate account of each transaction; filing certified evidence of transactions
  • Mich. Comp. Laws § 500.1915— Charging fees; conditions; excessive or discriminatory fee prohibited; documentation and evidence of disclosure of fees; exclusion of fees in computation of premium taxes
  • Mich. Comp. Laws § 500.1916— Compensation of licensee and licensed resident agent; collection of premiums; effect of premium payment made to agent
  • Mich. Comp. Laws § 500.1917— Liability if risk assumed and premium received by licensee
  • Mich. Comp. Laws § 500.1920— Recognition as eligible surplus lines insurer; application; recommendations; conditions; information; examination; removal of insurer from list
  • Mich. Comp. Laws § 500.1921— Recognition as eligible unauthorized insurer; deposit; trust fund, marketable securities, or equivalent instruments; provisions inapplicable to certain unincorporated, alien insurers; commissioner as resident agent for service of process
  • Mich. Comp. Laws § 500.1922— Notice on face of instrument evidencing surplus lines insurance
  • Mich. Comp. Laws § 500.1930— Association of licensees; registration; purposes; required filings by association; reasons for refusal to register association; reasons for suspension or revocation of registration; denial of membership
  • Mich. Comp. Laws § 500.1932— Servicing facility; establishment; reimbursement for expenses and payments; functions; approval; member licensee as servicing facility
  • Mich. Comp. Laws § 500.1933— Suits by or against association; assertion or defense of rights
  • Mich. Comp. Laws § 500.1934— Filing certified audit of books, records, and trust funds
  • Mich. Comp. Laws § 500.1940— Reports and recommendations regarding financial condition of eligible unauthorized insurer; reports and recommendations not considered public documents; liability for statements
  • Mich. Comp. Laws § 500.1950— Placement of insurance with insurer which is neither an authorized insurer nor an eligible unauthorized insurer; duties of licensee
  • Mich. Comp. Laws § 500.1951— Procuring, continuing, or renewing insurance with unauthorized insurer; report; tax on premiums; regulatory fee
  • Mich. Comp. Laws § 500.1952— Violation as misdemeanor; penalty
  • Mich. Comp. Laws § 500.1955— Rules implementing chapter; declaratory rulings