Mich. Admin. Code R. 500.1355 – Premium dispute decisions by the commissioner. | Midpage
Rule 500.1355
Mich. Admin. Code R. 500.1355
Premium dispute decisions by the commissioner.
(By authority conferred on the commissioner of insurance by sections 210, 2407, and 2419 of Act No. 218 of the Public Acts of 1956, as amended, being SS500.210, 500.2407, and 500.2419 of the Michigan Compiled Laws)Insurance
(1) When reviewing a premium dispute through written materials, the commissioner shall prepare a written decision within 10 working days after the insurer submits a reply to the notice issued pursuant to R 500.1353(1) or, if a reply is not submitted, within 10 working days after the time for submitting a reply has expired.
(2) If a meeting is held, the commissioner shall prepare a written decision within 10 working days after the meeting is concluded.
(3) The commissioner shall send copies of the written decision to the parties by first- class mail.