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Suspension of acceptance of applications; filing and contents of notice; disapproval.

MCL 500.2126
in effect
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500.2126. Suspension of acceptance of applications; filing and contents of notice; disapproval. Sec. 2126. An insurer may at any time suspend its acceptance of all applications from new automobile or home insurance risks by filing a notice with the commissioner. The notice shall specify the period of the suspension and the method by which the insurer proposes to effect the suspension. A suspension is subject to the disapproval of the commissioner if, after a hearing held pursuant to Act No. 306 of the Public Acts of 1969, as amended, the commissioner finds that the suspension does not have a legitimate business purpose which is consistent with the purposes of this chapter or that the suspension would adversely affect the maintenance of a competitive market. Add. 1979, Act 145, Eff. Jan. 1, 1981 [PopularName] Act 218 [PopularName] Essential Insurance [PopularName] No-Fault Insurance
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-500-2126Fetched: 10/20/2026

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