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Code · Michigan · Chapter 500 — Insurance Code of 1956

500.814 Certification of loss reserves.

52 words·~1 min read·/mi/chapter-500/500-814

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500.814 Certification of loss reserves.
Sec. 814.
The commissioner may require an insurer writing liability insurance, other than homeowners, farmowners, and commercial multiperil, to certify the loss reserves of the insurer by an actuary approved by the commissioner.
History: Add. 1986, Act 173, Imd. Eff. July 7, 1986
Popular Name: Act 218
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