Michigan Administrative Code (Last Updated: November 16, 2016) |
Department IF. Insurance and Financial Services |
Insurance |
Chapter Assigned Claims Plan |
Section 11.103. Selection of servicing insurers.
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(1) The secretary of state shall designate a sufficient number of insurers to participate as servicing insurers for the assigned claims plan. A servicing insurer to whom a claim has been assigned shall either deny the claim as being ineligible for benefits under the assigned claims plan or make prompt payment of loss or other lawful disposition of the claim in accordance with the act.
(2) The secretary of state shall periodically review the servicing insurer membership and the volume of claims assigned each member to ascertain any defects in the operation of the assigned claims plan and to assist in formulating and implementing changes in the basis for designating servicing insurers or assigning claims.
History: 1979 AC; 1989 AACS.