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2017 Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 THE INSURANCE CODE OF 1956 (500.100 - 500.8302)
218-1956-33 CHAPTER 33 AUTOMOBILE INSURANCE PLACEMENT FACILITY (500.3301...500.3390)
Section 500.3360 Participating member and agent; relationship.
Universal Citation: MI Comp L § 500.3360 (2017)
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
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