Michigan Compiled Laws § 500.2610 Filing Requirements; Modification Or Suspension By Insurance Commissioner.

500.2610 Filing requirements; modification or suspension by insurance commissioner.

Sec. 2610.

Under such rules and regulations as he shall adopt the commissioner may, by written order, suspend or modify the requirement of filing as to any kind of insurance, subdivision or combination thereof, or as to classes of risks, the rates for which cannot practicably be filed before they are used. Such orders, rules and regulations shall be made known to insurers and rating organizations affected thereby. The commissioner may make such examination as he may deem advisable to ascertain whether any rates affected by such order meet the standards set forth in subdivision (b) of subsection (1) of section 2603 (rate standards).

History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218

Section: Previous  500.2600  500.2601  500.2603  500.2604  500.2606  500.2608  500.2610  500.2612  500.2614  500.2616  500.2618  500.2620  500.2626  500.2628  500.2630  Next

Last modified: October 10, 2016