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Mich. Comp. Laws § 500.403

Insurers; authorization to do business.

Michigan · Michigan Compiled Laws — THE INSURANCE CODE OF 1956 (Act 218 of 1956) · Status: effective

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Mich. Comp. Laws § 500.403, Insurers; authorization to do business, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1367151
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A domestic, foreign, or alien insurer shall not be authorized to do business in this state or continue to be authorized to do business in this state if the insurer is not or does not continue to be safe, reliable, and entitled to public confidence.