Mich. Comp. Laws § 500.2476

Current through Public Act 171 of the 2024 Legislative Session
Section 500.2476 - Assigned risks; rate modifications

Agreements may be made among insurers with respect to the equitable apportionment among them of insurance which may be afforded applicants who are in good faith entitled to but who are unable to procure such insurance through ordinary methods and such insurers may agree among themselves on the use of reasonable rate modifications for such insurance, such agreements and rate modifications to be subject to the approval of the commissioner.

MCL 500.2476

1956, Act 218, Eff. 1/1/1957 .