Michigan Administrative Code (Last Updated: November 16, 2016) |
Department IF. Insurance and Financial Services |
Insurance |
Chapter Fire And Inland Marine Insurance Rates |
Section 500.1303. Construction of rules.
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These rules shall be construed to prohibit insurers from establishing and using casualty insurance rates that are excessive, inadequate, or unfairly discriminatory and shall be construed to protect insurance consumers from the adverse consequences of such rates.
History: 1980 AACS.