Certificates of No-Fault Self -Insurance
(By authority conferred on the director of the Department of Insurance and Financial Services by section 210 of 1956 PA 218, MCL 500.210; 1969 PA 306, MCL 24.201 to 24.328; E.R.O. No. 2011-4, MCL 445.2030; and E.R.O. No. 2013-1, MCL 550.991.)Insurance
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257.531Definitions.257.532Security equivalent; qualifications for certificate; excess insurance requirement.257.533Application; form; completeness; signature; effective date; accompanying documents.257.534Application; review; hearing; certificate duration; renewals.257.535Additional reports.257.536Loss reserve; use; amount; funding; expenditures; commingling; trust or escrow account.257.537Excess insurance; conditions for compliance.257.538Denial or cancellation of certificate; certificates issued before effective date of rules.257.539Administrative hearing.257.540Proof of insurance.