Michigan Compiled Laws
218-1956-2 - Chapter 2 the Insurance Commissioner (500.200...500.271)
Section 500.200 - Insurance Department; Establishment.

Sec. 200.
There is hereby established a separate and distinct state department which shall be especially charged with the execution of the laws in relation to insurance and surety business and to perform such other duties as may be required by law: Provided, however, That the said department so established shall be deemed and considered as in continuation of and the successor to the insurance bureau established by Act No. 108 of the Session Laws of 1871, and other acts amending and supplementing the same, and as in continuation of and the successor to the state department established by Act No. 256 of the Public Acts of 1917 and other acts amending or supplementing the same.
History: 1956, Act 218, Eff. Jan. 1, 1957 Compiler's Notes: Act 108 of 1871, referred to in this section, was superseded by Act 256 of 1917. Act 256 of 1917, also referred to in this section, was repealed by Act 218 of 1956. For transfer of the Department of Insurance and Office of the Commissioner on Insurance from the Department of Licensing and Regulation to the Department of Commerce, see E.R.O. No. 1991-9, compiled at MCL 338.3501 of the Michigan Compiled Laws.For transfer of authority, powers, duties, functions, and responsibilities of the commissioner of insurance to the commissioner of the office of financial and insurance services by type III transfer, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.Popular Name: Act 218

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 500 - Insurance Code of 1956

Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)

218-1956-2 - Chapter 2 the Insurance Commissioner (500.200...500.271)

Section 500.200 - Insurance Department; Establishment.

Section 500.202 - Insurance Commissioner; Qualifications, Office, Term, Appointment, Approval, Vacancy.

Section 500.204 - Insurance Commissioner; Salary; Oath; Bond.

Section 500.205 - Commissioner; Powers.

Section 500.206 - Insurance Commissioner; Seal, Approval, Renewal.

Section 500.208 - Office of Financial and Insurance Services; Offices; Expense; Audit.

Section 500.210 - Insurance Commissioner; Regulatory Powers.

Section 500.212 - Deputies, Chief Clerk and Accountant, Examiners, Clerks, Actuaries, and Other Assistants; Oath; Powers and Duties; Hearings; Rights of Parties; Revocation of Appointments, Designations, and Delegations of Authority; Compensation.

Section 500.214 - Commissioner; Immunity From Civil Liability; Conditions.

Section 500.216 - Insurance Commissioner and Employees; Traveling and Other Expenses.

Section 500.220 - Insurance Commissioner and Employees; Service Fees, Prohibited Gifts.

Section 500.221 - Insurance Compliance Self-Evaluative Audit Document; Privilege; Disclosure; Exceptions; Definitions.

Section 500.222 - Examination of Insurers; Examination Report; Hearing; Public Inspection; Disclosure of Confidential Information; Effect of Current Examination; Director's Authority to Terminate or Suspend Examination Not Limited; Limitation on Fore...

Section 500.223 - Application for Certificate of Authority; Fee; Withdrawal of Application; Reapplication Fee; Disposition.

Section 500.224 - Examinations and Investigations of Insurers; Expenses; Statement to Insurers; Employment of Expert Personnel; Regulatory Fees; Expense of Administering Delinquency Proceeding; Definitions.

Section 500.224a - Report Relating to Regulatory Fees.

Section 500.224b - Repealed. 2008, Act 440, Eff. Apr. 1, 2009.

Section 500.225 - Insurance Bureau Fund; Creation; Deposit of Fees; Reversion to General Fund; Use of Fund.

Section 500.225a - Contract for Services, Supplies, and Materials.

Section 500.226 - Disclosure of Confidential Information; Penalty.

Section 500.228 - Examinations and Investigations of Insurers; Report of Crimes to Attorney General.

Section 500.230 - Recovery of Penalty; Disposition of Funds.

Section 500.234 - Insurance Department; Records of Office; Public Inspection, Exceptions, Destruction, Rules and Regulations.

Section 500.236 - Repealed. 1992, Act 182, Imd. Eff. Oct. 1, 1992.

Section 500.238 - Insurance Commissioner; Annual Report to Governor, Contents, Publication.

Section 500.240 - Fees and Charges; Collection, Payment, and Disposition.

Section 500.244 - Judicial Review.

Section 500.246 - Repealed. 1992, Act 182, Imd. Eff. Oct. 1, 1992.

Section 500.248 - Violations of Act; Actions; Perjury.

Section 500.249 - Insurance Commissioner; Investigations of Agents, Adjusters, Counselors, Managers, Promoters, Officers and Directors.

Section 500.249a - Fingerprints Required; Costs; Providing Criminal History Records.

Section 500.250 - Insurers; Stock Transfer; Officers or Directors; Appointment; Notice to Director; Grounds for Removal; Hearing; Order; Civil Immunity; Review; "Insurer" Defined.

Section 500.251 - Cease and Desist Order.

Section 500.261 - Internet Website; Publication of Changes and Rights Regarding Automobile Insurance in This State; Reporting of Fraud and Unfair Practices.

Section 500.271 - Report to Legislature on the Effect of the Limits Imposed on Charges for Products, Services, and Accommodations Under MCL 500.3157.