Michigan Compiled Laws 218-1956-21a Chapter 21a Credit Information And Credit Scores (500.2151...500.2161)

• Section 500.2151 Definitions.
  As used in this chapter: (a) "Adverse action" means an increase in any charge for, or a reduction or other adverse or unfavorable change...
• Section 500.2153 Credit Information Or Insurance Score; Use.
  An insurer shall not use credit information or an insurance score as any part of a decision to deny, cancel, or nonrenew a personal...
• Section 500.2154 Reasonable Exceptions.
  (1) Notwithstanding any other law, rule, or regulation, an insurer that uses credit information shall, on written request from an insured or insurance applicant,...
• Section 500.2156 Notice Of Adverse Action.
  If an insurer takes an adverse action based upon credit information, the insurer shall notify the insured or applicant for insurance in accordance with...
• Section 500.2157 Incorrect Or Incomplete Credit Information; Adjustments.
  If it is determined through the dispute resolution process set forth in 15 USC 1681i(a) that the credit information of a current insured was...
• Section 500.2159 Cause Of Action; Construction Of Chapter.
  Nothing in this chapter shall be construed to provide an insured or applicant for insurance with a cause of action that does not exist...
• Section 500.2161 Use Of Credit Information Or Insurance Scores; Liability, Fees, And Costs Arising Out Of Actions, Errors, Or Omissions.
  An insurer shall indemnify, defend, and hold harmless producers from and against all liability, fees, and costs arising out of or relating to the...

Last modified: October 10, 2016