500.2270 Definitions. Sec. 2270. As used in this chapter: (a) “Certificate of insurance” means a document, regardless of how titled or described, that is prepared by an insurer or insurance producer that is a statement or summary of an insured’s property or casualty insurance coverage. Certificate of insurance does not include a policy of insurance, […]
500.2271 Certificate of insurance; prohibitions. Sec. 2271. A person shall not do any of the following: (a) Issue or deliver a certificate of insurance that purports to affirmatively or negatively alter, amend, or extend the coverage provided by an insurance policy referenced in the certificate of insurance. (b) Prepare or issue a certificate of insurance […]
500.2273 Certificate of insurance; representation. Sec. 2273. Except as otherwise provided in an insurance policy, a certificate of insurance does not represent an insurer’s obligation to give notice of cancellation or nonrenewal to a person. History: Add. 2014, Act 271, Imd. Eff. July 2, 2014 Popular Name: Act 218
500.2275 Notice of cancellation, nonrenewal, and similar notice; limitation. Sec. 2275. A person is entitled to notice of cancellation, nonrenewal, and any similar notice concerning a policy of insurance only if the person has notice rights under the terms of a policy of insurance or an endorsement to a policy of insurance. The terms and […]
500.2277 Violation; findings and decision of director; order. Sec. 2277. If the director finds that a person has violated this chapter, after an opportunity for a hearing under the administrative procedures act of 1969, 1969 PA 306, MCL 24.201 to 24.328, the director shall reduce the findings and decision to writing and shall issue and […]
