reglab/housing_qa huggingface dataset:
MI Comp L § 500.2664 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-26 - Chapter 26 Fire and Inland Marine Rates (500.2600...500.2674)|Section 500.2664 - Statistical Plans; Exchange of Data, Consultation.

500.2664 Statistical plans; exchange of data, consultation. Sec. 2664.  (1) The commissioner shall promulgate reasonable rules and statistical plans, reasonably adapted to each of the rating systems on file with him, which may be modified from time to time and which shall be used thereafter by each insurer in the recording and reporting of its loss and countrywide expense experience, in order that the experience of all insurers may be made available at least annually in such form and detail as may be necessary to aid him in determining whether rating systems comply with the standards set forth in section 2603. Such rules and plans may also provide for the recording and reporting of expense experience items which are specially applicable to this state and are not susceptible of determination by a prorating of countrywide expense experience. In promulgating such rules and plans, the commissioner shall give due consideration to the rating systems on file with him and, in order that such rules and plans may be as uniform as is practicable among the several states, to the rules and to the form of the plans used for such rating systems in other states. No insurer shall be required to record or report its loss experience on a classification basis that is inconsistent with the rating system filed by it. The commissioner may designate 1 or more rating organizations or other agencies to assist him in gathering such experience and making compilations thereof, and such compilations shall be made available, subject to reasonable rules promulgated by the commissioner, to insurers and rating organizations.  (2) Reasonable rules and plans may be promulgated by the commissioner for the interchange of data necessary for the application of rating plans.  (3) In order to further uniform administration of rate regulatory laws, the commissioner and every insurer and rating organization may exchange information and experience data with insurance supervisory officials, insurers and rating organizations in other states and may consult with them with respect to rate making and the application of rating systems. History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218
MI Comp L § 500.2666 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-26 - Chapter 26 Fire and Inland Marine Rates (500.2600...500.2674)|Section 500.2666 - Withholding Information, False or Misleading Information; Penalties.

500.2666 Withholding information, false or misleading information; penalties. Sec. 2666.  No person or organization shall wilfully withhold information from, or knowingly give false or misleading information to, the commissioner, any statistical agency designated by the commissioner, any rating organization, or any insurer, which will affect the rates or premiums chargeable under this chapter. A violation of this section shall subject the one guilty of such violation to the penalties provided in section 2670. History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218
MI Comp L § 500.2670 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-26 - Chapter 26 Fire and Inland Marine Rates (500.2600...500.2674)|Section 500.2670 - Violation of Chapter; Imposition and Disposition of Civil Fines; Suspension or Revocation of License.

500.2670 Violation of chapter; imposition and disposition of civil fines; suspension or revocation of license. Sec. 2670.  (1) Subject to subsection (3), the commissioner may, if he or she finds that any person or organization has violated any provision of this chapter, impose a civil fine of not more than $300.00 for each violation, but if the commissioner finds the violation to be wilful, the commissioner may impose a civil fine of not more than $1,500.00 for each violation. Civil fines imposed under this subsection may be in addition to any other penalty provided by law. A fine collected under this subsection shall be turned over to the state treasurer and credited to the general fund of the state.  (2) The commissioner may suspend the license of any rating organization or insurer which fails to comply with an order of the commissioner within the time specified by the order, or any extension of the order which the commissioner may grant. The commissioner shall not suspend the license of any rating organization or insurer for failure to comply with an order until the time prescribed for an appeal from the order has expired or if an appeal has been taken, until the order has been affirmed. The commissioner may determine when a suspension of license shall become effective, and the suspension shall remain in effect for the period fixed by the commissioner, unless he or she modifies or rescinds the suspension, or until the order upon which the suspension is based is modified, rescinded, or reversed.  (3) A civil fine shall not be imposed and a license shall not be suspended or revoked except upon a written order of the commissioner, specifying the alleged violation and stating his or her findings, made after a hearing held upon not less than 10 days' written notice to the person or organization. An order issued by the commissioner pursuant to this section shall not require the payment of civil fines exceeding $10,000.00. History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 1984, Act 7, Imd. Eff. Feb. 1, 1984 Popular Name: Act 218
MI Comp L § 500.2672 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-26 - Chapter 26 Fire and Inland Marine Rates (500.2600...500.2674)|Section 500.2672 - Insurer or Rating Organization Aggrieved by Order Without Hearing; Hearing, Court Review.

500.2672 Insurer or rating organization aggrieved by order without hearing; hearing, court review. Sec. 2672.  (1) Any insurer or rating organization aggrieved by any order or decision of the commissioner made without a hearing, may, within 30 days after notice of the order to the insurer or organization, make written request to the commissioner for a hearing thereon. The commissioner shall hear such party or parties within 20 days after receipt of such request and shall give not less than 10 days' written notice of the time and place of the hearing. Within 15 days after such hearing the commissioner shall affirm, reverse or modify his previous action, specifying his reasons therefor. Pending such hearing and decision thereon the commissioner may suspend or postpone the effective date of his previous action.  (2) Any order or decision of the commissioner shall be subject to review in accordance with the provisions of section 244. History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218
MI Comp L § 500.2674 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-26 - Chapter 26 Fire and Inland Marine Rates (500.2600...500.2674)|Section 500.2674 - Insurance Commissioner; Regulatory Powers.

500.2674 Insurance commissioner; regulatory powers. Sec. 2674.  The commissioner may make reasonable rules and regulations necessary to effect the purposes of this chapter. History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218Admin Rule: R 500.1301 et seq. and R 501.251 et seq. of the Michigan Administrative Code.
MI Comp L § 500.2700 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-27 - Chapter 27 Legal Expense Insurance (500.2700...500.2706)|Section 500.2700 - Applicability of Chapter.

500.2700 Applicability of chapter. Sec. 2700.  This chapter shall apply to legal expense insurance policies. History: Add. 1982, Act 501, Imd. Eff. Dec. 31, 1982 Popular Name: Act 218
MI Comp L § 500.2702 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-27 - Chapter 27 Legal Expense Insurance (500.2700...500.2706)|Section 500.2702 - Meaning of Group Legal Expense Insurance.

500.2702 Meaning of group legal expense insurance. Sec. 2702.  Group legal expense insurance is that form of voluntary legal expense insurance covering not less than 5 employees or members, with or without their eligible dependents, written under a master policy issued to any governmental corporation, unit, agency, or department thereof, or to any corporation, partnership, individual employer, or any association, upon application of any executive officer or trustee of such association having a constitution or bylaws, and formed in good faith for purposes other than that of obtaining insurance where officers, members, employees, or classes or departments thereof may be insured for their individual benefit. History: Add. 1982, Act 501, Imd. Eff. Dec. 31, 1982 Popular Name: Act 218
MI Comp L § 500.2706 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-27 - Chapter 27 Legal Expense Insurance (500.2700...500.2706)|Section 500.2706 - Procedures and Standards for Approval of Casualty Rates and Forms to Apply to Legal Expense Insurance.

500.2706 Procedures and standards for approval of casualty rates and forms to apply to legal expense insurance. Sec. 2706.  (1) Except as provided in subsection (2), the procedures and standards contained in chapter 22, sections 2406 to 2430, section 2478, and chapter 30 for the approval of casualty rates and forms shall apply to legal expense insurance.  (2) Employee group policies shall be exempt from the rate filing requirements provided in subsection (1). An insurer which does not file rates for employee group policies shall retain such rates on file for a period of 5 years. History: Add. 1982, Act 501, Imd. Eff. Dec. 31, 1982 Popular Name: Act 218
MI Comp L § 500.2804 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-28 - Chapter 28 Fire Insurance Contracts (500.2804...500.2866)|Section 500.2804 - Fire Insurance Contracts on Property Herein Deemed Made in Michigan.

500.2804 Fire insurance contracts on property herein deemed made in Michigan. Sec. 2804.  All contracts of fire insurance upon property real or personal located in this state shall be held and deemed to be made and consummated within this state. History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218
MI Comp L § 500.2806 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-28 - Chapter 28 Fire Insurance Contracts (500.2804...500.2866)|Section 500.2806 - Policy or Contract of Fire Insurance; Requirements.

500.2806 Policy or contract of fire insurance; requirements. Sec. 2806.  A policy or contract of fire insurance shall not be made, issued, or delivered by an insurer or by an agent or representative of an insurer, on any property in this state, unless it conforms to the provisions of this chapter. History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 1990, Act 305, Imd. Eff. Dec. 14, 1990 Popular Name: Act 218
MI Comp L § 500.2807, 500.2808 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-28 - Chapter 28 Fire Insurance Contracts (500.2804...500.2866)|Section 500.2807, 500.2808 - Repealed. 1990, Act 305, Imd. Eff. Dec. 14, 1990.

500.2807, 500.2808 Repealed. 1990, Act 305, Imd. Eff. Dec. 14, 1990. Compiler's Notes: The repealed sections pertained to exemptions for and format for standard fire policy.Popular Name: Act 218
MI Comp L § 500.2810 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-28 - Chapter 28 Fire Insurance Contracts (500.2804...500.2866)|Section 500.2810 - Printing Regulations on Fire Policy.

500.2810 Printing regulations on fire policy.  Sec. 2810.  If a fire policy is issued by a mutual, cooperative, or reciprocal insurer having special regulations with respect to the payment by the policyholder of assessments, the regulations shall be printed upon the policy, and the insurer may print upon the policy regulations as may be required by its home state or appropriate to its form of organization. History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 1990, Act 305, Imd. Eff. Dec. 14, 1990 Popular Name: Act 218
MI Comp L § 500.2812 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-28 - Chapter 28 Fire Insurance Contracts (500.2804...500.2866)|Section 500.2812 - Combination Fire Policy; Mandatory Provisions.

500.2812 Combination fire policy; mandatory provisions. Sec. 2812.  Two or more insurers authorized to transact fire insurance in this state may, with the approval of the commissioner, issue a combination fire policy which shall contain the following provisions:  (a) A provision substantially to the effect that the insurers executing the policy shall be severally liable for the full amount of any loss or damage, according to the terms of the policy, or for specified percentages or amounts thereof, aggregating the full amount of the insurance under the policy.  (b) A provision substantially to the effect that service of process, or of any notice or proof of loss required by the policy, upon any of the insurers executing the policy, shall be considered service upon all the insurers. History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 1990, Act 305, Imd. Eff. Dec. 14, 1990 Popular Name: Act 218
MI Comp L § 500.2816-500.2824 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-28 - Chapter 28 Fire Insurance Contracts (500.2804...500.2866)|Section 500.2816-500.2824 - Repealed. 1990, Act 305, Imd. Eff. Dec. 14, 1990.

500.2816-500.2824 Repealed. 1990, Act 305, Imd. Eff. Dec. 14, 1990. Compiler's Notes: The repealed sections pertained to binders or other contracts for temporary insurance and to riders and indorsements.Popular Name: Act 218
MI Comp L § 500.2826 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-28 - Chapter 28 Fire Insurance Contracts (500.2804...500.2866)|Section 500.2826 - Liability for Difference Between Actual Value of Property and Amount Expended to Repair, Rebuild, or Replace.

500.2826 Liability for difference between actual value of property and amount expended to repair, rebuild, or replace.  Sec. 2826.  An insurer may issue a fire insurance policy, insuring property, by which the insurer agrees to reimburse and indemnify the insured for the difference between the actual value of the insured property at the time any loss or damages occurs, and the amount actually expended to repair, rebuild, or replace with new materials of like size, kind, and quality, but not to exceed the amount of liability covered by the fire policy. A fire policy issued pursuant to this section may provide that there shall be no liability by the insurer to pay the amount specified in the policy unless the property damaged is actually repaired, rebuilt, or replaced at the same or another site. History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 1990, Act 305, Imd. Eff. Dec. 14, 1990 Popular Name: Act 218
MI Comp L § 500.2827 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-28 - Chapter 28 Fire Insurance Contracts (500.2804...500.2866)|Section 500.2827 - Fire Policy Providing Reimbursement for Lost or Damaged Property; Maximum Liability; Cash Settlement; Payment of Amount in Excess of Actual Cash Value of Lost or Damaged Property.

500.2827 Fire policy providing reimbursement for lost or damaged property; maximum liability; cash settlement; payment of amount in excess of actual cash value of lost or damaged property. Sec. 2827.  (1) An insurer may issue a fire policy, insuring property, by which the insurer agrees to reimburse and indemnify the insured for the difference between the actual cash value of the lost or damaged insured property at the time of the loss or damage, and the amount actually necessary to repair, rebuild, or replace the lost or damaged insured property to a condition and appearance similar to that which existed at the time of the loss or damage based on the use of conventional materials and construction methods which are currently available without extraordinary expense. The insurer's liability shall not exceed the amount of liability covered by the contract of insurance.   (2) The contract of insurance established pursuant to subsection (1) shall not preclude an insured from selecting a cash settlement based on the actual cash value of the lost or damaged insured property at the time of the loss or damage, but not to exceed the amount of liability covered by the contract.  (3) The contract of insurance established pursuant to subsection (1) may provide that there shall be no liability on the part of the insurer to pay an amount in excess of the actual cash value of the lost or damaged insured property at the time of the loss or damage, unless the lost or damaged property is actually repaired, rebuilt, or replaced at the same or another contiguous site. However, this subsection shall not apply if the amount of loss or damage to the insured property under the standards of subsection (1) exceeds the amount of liability covered by the contracts. History: Add. 1979, Act 145, Imd. Eff. Nov. 13, 1979 ;-- Am. 1990, Act 305, Imd. Eff. Dec. 14, 1990 Popular Name: Act 218
MI Comp L § 500.2828 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-28 - Chapter 28 Fire Insurance Contracts (500.2804...500.2866)|Section 500.2828 - Repealed. 1990, Act 305, Imd. Eff. Dec. 14, 1990.

500.2828 Repealed. 1990, Act 305, Imd. Eff. Dec. 14, 1990. Compiler's Notes: The repealed section pertained to coverage for loss or damage caused by nuclear reaction, nuclear radiation, or radioactive contamination. Popular Name: Act 218
MI Comp L § 500.2832 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-28 - Chapter 28 Fire Insurance Contracts (500.2804...500.2866)|Section 500.2832 - Repealed. 1990, Act 305, Eff. Jan. 1, 1992.

500.2832 Repealed. 1990, Act 305, Eff. Jan. 1, 1992. Compiler's Notes: The repealed section pertained to form of standard policy.Popular Name: Act 218
MI Comp L § 500.2834 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-28 - Chapter 28 Fire Insurance Contracts (500.2804...500.2866)|Section 500.2834 - Fire Insurance Policy; Exclusion Related to Terrorism; Definition.

500.2834 Fire insurance policy; exclusion related to terrorism; definition. Sec. 2834.  (1) Notwithstanding section 2833, a commercial fire insurance policy issued or delivered in this state may exclude coverage for loss by fire or other perils insured against if the fire or perils were caused directly or indirectly by terrorism.  (2) As used in this section, "terrorism" means any of the following:  (a) A certified act of terrorism as defined in the terrorism risk insurance act of 2002, Public Law 107-297, 116 Stat. 2322.  (b) A violent act or an act that is dangerous to human life, property, or infrastructure that is committed by an individual or individuals and that appears to be part of an effort to coerce a civilian population or to influence the policy or affect the conduct of any government by coercion.  (c) Terrorism as defined in a form that is voluntarily filed under and subject to section 2236 and is properly in use. History: Add. 2003, Act 11, Imd. Eff. May 29, 2003 Popular Name: Act 218
MI Comp L § 500.2836 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-28 - Chapter 28 Fire Insurance Contracts (500.2804...500.2866)|Section 500.2836 - Breach of Warranty or Condition as Defense; Payment of Losses.

500.2836 Breach of warranty or condition as defense; payment of losses. Sec. 2836.  (1) An insurer shall not base a defense under the terms of a fire insurance policy permitted to be used in this state, upon a breach of warranty or condition occurring before loss, unless the breach exists at the time of the loss or contributes to the loss or to the amount of the loss.   (2) Except as otherwise provided in section 2845, losses under any fire insurance policy shall be paid within 30 days after receipt of proof of the amount of the loss, notwithstanding the provisions of any contract or statute to the contrary. History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 1980, Act 495, Eff. Mar. 31, 1981 ;-- Am. 1990, Act 305, Imd. Eff. Dec. 14, 1990 Popular Name: Act 218
MI Comp L § 500.2840 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-28 - Chapter 28 Fire Insurance Contracts (500.2804...500.2866)|Section 500.2840 - Repealed. 1990, Act 305, Imd. Eff. Dec. 14, 1990.

500.2840 Repealed. 1990, Act 305, Imd. Eff. Dec. 14, 1990. Compiler's Notes: The repealed section pertained to coinsurance clauses. Popular Name: Act 218
MI Comp L § 500.2842 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-28 - Chapter 28 Fire Insurance Contracts (500.2804...500.2866)|Section 500.2842 - Average or Pro Rata Clause; Form; Filing and Approval.

500.2842 Average or pro rata clause; form; filing and approval. Sec. 2842.  (1) An insurer authorized to do business within this state may attach to an existing policy or to one to be issued by the insurer an average or pro rata clause.  (2) The average or pro rata clause shall be made substantially in the following form:  "It is hereby agreed, in case of loss, this policy shall attach in or on each building, division, or location in such proportion as the values in or on the buildings, division, or location bear to the aggregate value of the property insured."  (3) It shall not be necessary for all average or pro rata rider clauses to be in the exact language used in subsection (2), but such clause shall not be attached to a policy unless the form of the clause was filed with and received the approval of the commissioner. History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 1962, Act 71, Eff. Mar. 28, 1963 ;-- Am. 1990, Act 305, Imd. Eff. Dec. 14, 1990 Popular Name: Act 218
MI Comp L § 500.2850 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-28 - Chapter 28 Fire Insurance Contracts (500.2804...500.2866)|Section 500.2850 - Repealed. 1962, Act 71, Eff. Mar. 28, 1963.

500.2850 Repealed. 1962, Act 71, Eff. Mar. 28, 1963. Compiler's Notes: The repealed section prohibited limitation of liability for failure to insure property for certain amount.Popular Name: Act 218