Individuals & Families
Small Businesses
Nonprofits
Employers
Employee Benefits Brokers
PEOs
Credit Unions
Membership Groups
Legal Information
Sign In
/
U.S. State Codes
/
Michigan
/
Chapter 500 - Insurance Cod...
/
Act 218 of 1956 The Insuran...
/
218-1956-79 Chapter 79 Property and Casualty Gu...
218-1956-79 Chapter 79 Property and Casualty Guaranty Association (500.7901...500.7949)
Section 500.7901 Property and Casualty Guaranty Association Act; Short Title.
Section 500.7911 Property and Casualty Guaranty Association; Membership; Exception; Laws to Which Association Subject.
Section 500.7911a Life or Disability Insurer Not to Be Member of Association.
Section 500.7912 Property and Casualty Guaranty Association; Board of Governors; Appointment, Terms, and Qualifications of Members; Vacancy.
Section 500.7914 Property and Casualty Guaranty Association; Plan of Operation, Adoption, Amendment, Approval; Failure to Adopt Operation Plan.
Section 500.7916 Property and Casualty Guaranty Association; Servicing Facilities; Designation; Reimbursement; Authority; Approval.
Section 500.7918 Property and Casualty Guaranty Association; Powers Generally.
Section 500.7921 “Insolvent Insurer” and “Member Insurer” Defined.
Section 500.7925 “Covered Claims” Defined; Definitions.
Section 500.7931 Payment and Discharge of Covered Claims; Association as Party in Interest; Rights of Association; Cause of Action Against Insureds; Recoverable Damages or Benefits as Credit Against Covered Claim; Action to Recover Excess Payment; Claims Made Under Worker's Disability Compensation Act; Continuation and Duration of Coverage for Covered Claims; Cancellation of Insurance Policies; Notice; Definitions.
Section 500.7933 Financial Condition of Member Insurer; Reports and Recommendations; Advice to Commissioner; Exemption From Public Disclosure.
Section 500.7935 Cooperation of Insured With Association; Assignment of Rights; Indemnification From Catastrophic Claims Association; Options.
Section 500.7941 Assessments on Member Insurers; Purpose; Allocation of Claim Payments and Costs to Categories; Separate Assessments for Each Category; Use, Amount, and Rate of Assessment; Remittance and Administration of Assessments; Notice; Limitation; Exemption or Deferment; Recognition of Assessments in Rate-Making Procedures; Refunds; Revocation of Certificate of Authority.
Section 500.7945 Stay of Proceedings.
Section 500.7947 Tax Exemption.
Section 500.7948 Liability.
Section 500.7949 Insurance Commissioner; Regulatory Powers; Visitation; Examination; Hearings.