Michigan Compiled Laws § 500.2434 Malpractice Insurance For Physicians; Rating Classifications; Furnishing Classifications To Legislature And Governor.

500.2434 Malpractice insurance for physicians; rating classifications; furnishing classifications to legislature and governor.

Sec. 2434.

(1) The commissioner, after consultation with associations representative of physician interests and with authorized insurers writing malpractice insurance for physicians in this state shall prescribe the rating classifications for use by insurers in writing malpractice insurance for physicians.

(2) Before 1 year after the effective date of chapter 49 and before implementing the rating classifications prescribed pursuant to subsection (1), the commissioner shall furnish to the legislature and the governor the rating classifications which he or she intends to prescribe pursuant to this section.

History: Add. 1986, Act 173, Imd. Eff. July 7, 1986
Popular Name: Act 218

Section: Previous  500.2418  500.2419  500.2420  500.2421  500.2426  500.2430  500.2431  500.2434  500.2436  500.2438  500.2440  500.2446  500.2450  500.2452  500.2456  Next

Last modified: October 10, 2016