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Mich. Comp. Laws § 500.3385

Recoupment of assessments; surcharge; rate including factor for recoupment.

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

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Mich. Comp. Laws § 500.3385, Recoupment of assessments; surcharge; rate including factor for recoupment, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1368037
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Any assessments paid by participating members pursuant to section 3330(1)(c) may be recouped through a surcharge in the insurers rates for automobile insurance policies issued by the member, including policies issued on behalf of the facility. A rate shall not be considered excessive because the rate includes a factor for recoupment pursuant to this section.