218-1956-29 - CHAPTER 29 BASIC PROPERTY INSURANCE (500.2901...500.2954)
- Section 500.2901 - Definitions.
- Section 500.2910 - Inspection of property; requests; operation of inspection bureau.
- Section 500.2912 - Issuing insurance at rate requiring consent under MCL 500.2414 or 500.2614; inspection; sworn statements; false affidavits; employing services of surplus lines agent; forms of sworn
- Section 500.2920 - Michigan basic property insurance association or “pool”; membership; plan of operation and amendments to plan; approval; compliance; designation of members as servicing facilities;
- Section 500.2921 - Board of governors as manager of pool; appointment, election, qualifications, and term of members; time of election; allotment of votes; increasing number of governors; vacancy.
- Section 500.2923 - Agents writing insurance on behalf of pool; commissions; losses.
- Section 500.2924 - Underwriting standards employed in determining acceptable risk for basic property insurance; basis of underwriting program for home insurance.
- Section 500.2925 - Application to pool for basic property insurance; form; findings; issuance of policy; reinsuring policies; statement required if risk found not acceptable; term of policy; renewal o
- Section 500.2925a - Application to pool for home insurance; form; findings; issuance of policy; reinsuring policies; statement required if property or applicant not qualified; term of policy; renewal
- Section 500.2925b - Liability; inspection; enforcement by commissioner.
- Section 500.2925c - Notice of rights to obtain home insurance.
- Section 500.2926-500.2929 - Repealed. 1971, Act 74, Eff. Aug. 1, 1971.
- Section 500.2930 - Basic property insurance; amount of premium; surcharge; establishment of rates; filing rates and policy forms.
- Section 500.2930a - Rates charged in territory for home insurance; rating territories; change in rates; review of rates; limitation on premium for repair cost policy; development of plans, rules, clas
- Section 500.2931 - Limitation on annual premiums written by or on behalf of pool; premium ratios.
- Section 500.2932 - Annual rate of assessment; establishment; purpose; basis; notice; payment of assessments; estimating assessable premiums; adjustment of premium rates; annual statement; assessments
- Section 500.2933 - Pool exempted from fees and taxes; exception.
- Section 500.2939 - Reinsurance permitted.
- Section 500.2940 - Repealed. 2000, Act 486, Imd. Eff. Jan. 11, 2001.
- Section 500.2941 - Pool; supervision, regulation and examination.
- Section 500.2942 - Liability for statements made in reports, at hearings, or in findings; reports of inspection bureau.
- Section 500.2943 - Appeal to insurance commissioner; hearing; order.
- Section 500.2950 - Repealed. 1971, Act 74, Eff. Aug. 1, 1971.
- Section 500.2952 - Federal riot reinsurance reimbursement fund; contents, assessments, reimbursements, retroactive effect.
- Section 500.2954 - Determinations made by commissioner.