Michigan Compiled Laws
218-1956-79 - Chapter 79 Property and Casualty Guaranty Association (500.7901...500.7949)
Section 500.7948 - Liability.

Sec. 7948.
There shall not be liability on the part of and a cause of action of any nature shall not arise against any member insurer, the association, agents or employees of the association, the board of governors, or the commissioner or representatives of the commissioner for any action taken by them in the exercise of their powers and performance of their duties under this chapter.
History: Add. 1980, Act 41, Imd. Eff. Mar. 17, 1980 Popular Name: Act 218

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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)

218-1956-79 - Chapter 79 Property and Casualty Guaranty Association (500.7901...500.7949)

Section 500.7901 - Property and Casualty Guaranty Association Act; Short Title.

Section 500.7911 - Property and Casualty Guaranty Association; Membership; Exception; Laws to Which Association Subject.

Section 500.7911a - Life or Disability Insurer Not to Be Member of Association.

Section 500.7912 - Property and Casualty Guaranty Association; Board of Governors; Appointment, Terms, and Qualifications of Members; Vacancy.

Section 500.7914 - Property and Casualty Guaranty Association; Plan of Operation, Adoption, Amendment, Approval; Failure to Adopt Operation Plan.

Section 500.7916 - Property and Casualty Guaranty Association; Servicing Facilities; Designation; Reimbursement; Authority; Approval.

Section 500.7918 - Property and Casualty Guaranty Association; Powers Generally.

Section 500.7921 - “Insolvent Insurer” and “Member Insurer” Defined.

Section 500.7925 - “Covered Claims” Defined; Definitions.

Section 500.7931 - Payment and Discharge of Covered Claims; Association as Party in Interest; Rights of Association; Cause of Action Against Insureds; Recoverable Damages or Benefits as Credit Against Covered Claim; Action to Recover Excess Payment;...

Section 500.7933 - Financial Condition of Member Insurer; Reports and Recommendations; Advice to Commissioner; Exemption From Public Disclosure.

Section 500.7935 - Cooperation of Insured With Association; Assignment of Rights; Indemnification From Catastrophic Claims Association; Options.

Section 500.7941 - Assessments on Member Insurers; Purpose; Allocation of Claim Payments and Costs to Categories; Separate Assessments for Each Category; Use, Amount, and Rate of Assessment; Remittance and Administration of Assessments; Notice; Limit...

Section 500.7945 - Stay of Proceedings.

Section 500.7947 - Tax Exemption.

Section 500.7948 - Liability.

Section 500.7949 - Insurance Commissioner; Regulatory Powers; Visitation; Examination; Hearings.