Michigan Compiled Laws
Mich. Comp. Laws § 500.2021 (2026)
Failure to furnish insured rate information upon request; unfair method of competition and unfair or deceptive act or practice in business of insurance; exception.
✓ current as of July 2026
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THE INSURANCE CODE OF 1956
Act 218 of 1956
500.2021 Failure to furnish insured rate information upon request; unfair method of competition and unfair or deceptive act or practice in business of insurance; exception.
Sec. 2021.
An unfair method of competition and an unfair or deceptive act or practice in the business of insurance includes failure by a rating organization and an insurer that makes its own rates, within a reasonable time after receiving written request for the information and on payment of a reasonable charge, to furnish to an insured affected by a rate made by it, or to the insured authorized representative, all pertinent information to the rate. Pertinent information under this section does not include information that is a trade secret as determined by the director under section 2108(5) or 2406(6).
History: Add. 1982, Act 7, Eff. Jan. 1, 1983 ;-- Am. 2015, Act 141, Eff. Jan. 11, 2016
PopularName Notes:
Act 218Notes of Decisions
Cited in 1
case, 1988–1988 · leading case: Michigan Educ. Special Servs. Ass'n v. Comm'r of Ins., 425 N.W.2d 157 (Mich. Ct. App. 1988).
Michigan Educ. Special Servs. Ass'n v. Comm'r of Ins., 425 N.W.2d 157 (Mich. Ct. App. 1988). “In their complaint, plaintiffs sought a declaratory judgment from the trial court holding §2021 of the Michigan Insurance Code of 1956, as amended, MCL 500.2021; MSA 24.12021, violative of Const 1963, art 4, § 24.”
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