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2020 Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 The Insurance Code of 1956 (500.100 - 500.8302)
218-1956-12 Chapter 12 Agents, Solicitors, Adjusters, and Counselors (500.1200...500.1247)
- Section 500.1200 “Good Moral Character” Defined.
- Section 500.1201 Definitions.
- Section 500.1201a Sale, Solicitation, or Negotiation of Insurance; License Required; Applicability to Excess and Surplus Lines Agents and Brokers.
- Section 500.1202 Insurance Producer License; Definitions.
- Section 500.1203 Authority of Insurance Producer for Fraternal Benefit Society; Authority of Attorney-in-Fact of Reciprocal or Inter-Insurance Exchange.
- Section 500.1204 Applicant for Insurance Producer License; Examination; Registered Program of Study; Waiver of Examination or Program of Study Requirements; Administration of Examinations; Fee; Reapplication.
- Section 500.1204a Qualification as Registered Insurance Producer Program of Study; Criteria; Conducting Portion of Minimum Number of Classroom Hours of Instruction; Rules; Recommendations for Improvements in Course Materials; Failure to Maintain Reasonable Standards; Refusal by Director to Approve Insurance Education Instructor; Probation, Suspension, or Revocation of Approval.
- Section 500.1204b Repealed. 2017, Act 67, Imd. Eff. June 30, 2017.
- Section 500.1204c Insurance Producer's Hours of Study; Review; Continuing Education Requirements; Program of Study; Approval; Fee; Hearing; Revocation; Filing Certificate of Attendance or Instruction; Waiver; Reciprocal Agreements; Fees; Grace Period; Sale of Business and Failure to Meet Continuing Education Requirements; Cancellation of License; Review Date of Applicable 2-Year Period; Access to Classroom; Refusal to Approve Education Instructor; Probation, Suspension, or Revocation of Approval; Definitions.
- Section 500.1204d Continuing Education Fund; Creation; Administration; Disposition and Reversion of Funds; Funding of Shortfall.
- Section 500.1204e Nonresident License Applicant; Requirements.
- Section 500.1204f Long-Term Care Insurance; Requirements for Sale, Solicitation, or Negotiation by Individual; Delivery or Issuance by Insurer; 1-Time Training Course; Requirements.
- Section 500.1205 Resident Insurance Producer License; Filing; Application; Statement; Requirements; Business Entity; Verification of Information; Limited Line Credit Insurance.
- Section 500.1206 Insurance Producer License; Issuance; Qualification in Line of Insurance; Duration; Reinstatement; Contents of License; Change of Name or Address; Ministerial Functions.
- Section 500.1206a Nonresident Insurance Producer License; Requirements; Verification of Status; Change of Address; Nonresident Surplus Lines Insurance Producer License; Nonresident Limited Lines Insurance Producer.
- Section 500.1206b Nonresident Insurance Producer License; Prelicensing Education or Examination; Exemption; Application as Resident Licensee.
- Section 500.1206c Life and Health Insurance Producer Examinations; Summary of Statistical Information; Report.
- Section 500.1207 Agent as Fiduciary; Accounting Methods; Examination of Records; Remuneration of Person Acting as Agent; Placing Refused Coverage; Use of Intimidation, Threats, or Unlawful Inducements; Agent as Party to Contract.
- Section 500.1208 Insurance Effected by Agent on Certain Risks; Limitation.
- Section 500.1208a Appointment of Producer as Agent; Notice of Appointment; Filing; Verification of Eligibility; Fee.
- Section 500.1208b Termination of Business Relationship With Insurance Producer; Notice to Commissioner; Format; Liability for Disclosure of Information or Statement.
- Section 500.1209 Termination of Insurance Producer's Authority to Represent Insurer; Responsibility and Authority of Insurance Producer Following Notice of Termination; Exceptions; Condition of Insurer's Authority to Transact Business in State; Construction of Subsection (2); “Automobile Insurance” and “Home Insurance” Defined.
- Section 500.1210 Accident and Health Insurance Agent as Health Benefit Agent.
- Section 500.1211 Solicitation and Collection on Behalf of Licensed Insurance Producer; Authorization; Contract; Agent of the Insured; Agent of the Insurer.
- Section 500.1211a Assumed Name; Use.
- Section 500.1211b Temporary License.
- Section 500.1212 Persons Acting as Solicitors; Contract With Agent; License; Notice of Appointment.
- Section 500.1214 Solicitor; Application for License and Notice of Appointment; Forms; Examination Required; Program of Study as Condition to Examination; Waiver of Examination or Program of Study; Investigations and Interrogatories; Decision; Issuance of License; Qualifications; Disclosures; Acting on Behalf of Sponsoring Agent; Contents of License; Person Licensed as Solicitor for Casualty Insurance Permitted to Act as Solicitor for Legal Expense Insurance; Duration and Surrender of License; Reexamination; Notice.
- Section 500.1216 Solicitor as Fiduciary; Accounting Methods; Examination of Records; Remuneration of Person Acting as Agent or Solicitor.
- Section 500.1218 Termination of Solicitor's Authority to Represent Agent; Notice; Disclosure; Liability of Agent.
- Section 500.1222 Adjuster's License Required; Exemptions.
- Section 500.1224 Adjuster; Application for License; Forms; Examination; Investigations and Interrogatories; Waiver; Decision; Issuance of License; Qualifications; Additional Restrictions; Licenses to Certain Persons Prohibited; "Home State" Defined.
- Section 500.1226 Persons Aiding Adjuster; Representation by Adjuster; Procedure for Soliciting Loss; Schedule of Rates; Limitation on Charges; Contract.
- Section 500.1227 Conduct of Adjuster; Prohibitions.
- Section 500.1228 Records of Adjuster.
- Section 500.1232 Insurance Counselor; License Required; Use of Designation “Certified Insurance Counselor” or “Fraternal Insurance Counselor”; Exceptions.
- Section 500.1234 Insurance Counselor; Application for License; Forms; Examination; Investigations and Interrogatories; Decision; Issuance of License; Qualifications.
- Section 500.1236 Written Agreement Between Insurance Counselor and Client.
- Section 500.1238 Reporting Mailing and Electronic Mail Address of Agent, Solicitor, Counselor, or Adjuster; Notice of Change in Address; Maintaining Address on File; Mailing of Notice of Hearing or Process.
- Section 500.1239 Probation, Suspension, or Revocation of Insurance Producer's License; Refusal to Issue or Reissue; Causes; Civil Fine; Notice of License Denial; Hearing; License of Business Entity; Penalties and Remedies.
- Section 500.1240 Payment or Acceptance of Commission, Service Fee, or Valuable Consideration.
- Section 500.1242 Refusal, Suspension, or Revocation of License; Notice; Hearings; Summary Suspension; Subpoenas.
- Section 500.1243 Definitions; Sale of Insurance by Lender.
- Section 500.1244 Violation of Chapter; Hearing; Serving Copy of Findings and Cease and Desist Order; Additional Orders; Reopening, Altering, Modifying, or Setting Aside Order; Violation of Cease and Desist Order; Notice and Hearing; Civil Fine; Suspension or Revocation of License; Disposition of Fine; Court of Claims.
- Section 500.1246 Confidentiality; Use of Documents, Materials, or Other Information.
- Section 500.1247 Report of Administrative Action.
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