Michigan Compiled Laws
218-1956-26 - Chapter 26 Fire and Inland Marine Rates (500.2600...500.2674)
Section 500.2618 - Failure of Filing to Meet Requirements; Procedure.

Sec. 2618.
If at any time after the applicable review period provided for in section 2616, the commissioner finds that a filing does not meet the requirements of this chapter, the commissioner shall, after a hearing held upon not less than 10 days' written notice, specifying the matters to be considered at the hearing, to every insurer and rating organization that made the filing, issue an order specifying in what respects the commissioner finds that the filing fails to meet the requirements of this chapter, and stating when, within a reasonable period thereafter, that filing shall be considered no longer effective. A copy of the order shall be sent to every insurer and rating organization subject to the order. The order shall not affect any contract or policy made or issued before the date the filing becomes ineffective as indicated in the commissioner's order.
History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 2008, Act 241, Imd. Eff. July 17, 2008 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)

218-1956-26 - Chapter 26 Fire and Inland Marine Rates (500.2600...500.2674)

Section 500.2600 - Purpose of Chapter; Construction.

Section 500.2601 - Scope of Chapter.

Section 500.2603 - Rate-Making Provisions; Uniformity.

Section 500.2604 - Expired. 1980, Act 461, Eff. Dec. 31, 1980.

Section 500.2606 - Rate Filings; Proposed Effective Date; Character and Extent of Coverage; Insufficient Information; Public Inspection; Trade Secret; Inland Marine Rates; Insurer as Member of or Subscriber to Rating Organization.

Section 500.2608 - Rate Filings; Review by Insurance Commissioner; Waiting Period; Specific Inland Marine Rates on Risks.

Section 500.2610 - Filing Requirements; Modification or Suspension by Insurance Commissioner.

Section 500.2612 - Rate Filings; Adherence by Insurer.

Section 500.2614 - Rate Organization; Excess Rates on Specific Risks.

Section 500.2616 - Disapproval of Filing by Insurance Commissioner; Notice; Waiting Period; Specific Inland Marine Rate.

Section 500.2618 - Failure of Filing to Meet Requirements; Procedure.

Section 500.2620 - Disapproval of Filing; Complaint of Aggrieved Person or Organization; Hearing; Notice; Order Rendering Filing Ineffective.

Section 500.2626 - Manual, Minimum, Class Rate, Rating Schedule, Rating Plan or Rule; Rates Meeting Standards.

Section 500.2628 - Rates; Alternative Method of Filing; Disapproval; Hearing; Order; Approval; Adjustment of Premium; Review.

Section 500.2630 - Rating Organization; License Application, Contents.

Section 500.2636 - Rating Organizations; Subscribers; Notice of Changes in Rules and Regulations; Review; Order.

Section 500.2638 - Rating Organizations; Rules Affecting Payment of Dividends, Savings or Unabsorbed Premiums.

Section 500.2640 - Rating Organizations; Cooperation With Other Rating Organizations and Insurers, Discontinuance.

Section 500.2642 - Rating Organizations; Submission of Policies for Examination; Actuarial, Technical, or Other Services.

Section 500.2646 - Rating Organizations; Deviation, Procedure, Termination of Deviation.

Section 500.2648 - Rating Organizations; Alternative Methods for Deviation.

Section 500.2650 - Rating Organizations; Member or Subscriber, Appeal to Insurance Commissioner.

Section 500.2652 - Rating Organization and Insurer; Rating Information to Insured, Hearing; Appeal.

Section 500.2654 - Advisory Organizations; Definition; Filing; Discontinuance of Unfair or Unreasonable Practices; Rate Filings; Violation.

Section 500.2658 - Joint Underwriting or Reinsurance; Unfair Activities.

Section 500.2662 - Examination of Rating Advisory Organizations; Report.

Section 500.2664 - Statistical Plans; Exchange of Data, Consultation.

Section 500.2666 - Withholding Information, False or Misleading Information; Penalties.

Section 500.2670 - Violation of Chapter; Imposition and Disposition of Civil Fines; Suspension or Revocation of License.

Section 500.2672 - Insurer or Rating Organization Aggrieved by Order Without Hearing; Hearing, Court Review.

Section 500.2674 - Insurance Commissioner; Regulatory Powers.