Michigan Compiled Laws § 500.3360 Participating Member And Agent; Relationship.

500.3360 Participating member and agent; relationship.

Sec. 3360.

A participating member may not include the premiums and losses incurred from risks insured through the facility in determining the loss ratio of any of its agents, or otherwise use the experience from such risks as cause for altering the relationship between the participating member and its agent.

History: Add. 1969, Act 346, Eff. Apr. 1, 1970
Popular Name: Act 218
Popular Name: Essential Insurance

Section: Previous  500.3315  500.3320  500.3321  500.3330  500.3340  500.3341  500.3350  500.3355  500.3360  500.3365  500.3370  500.3380  500.3385  500.3390    Next

Last modified: October 10, 2016