Mich. Comp. Laws » Michigan Compiled Laws / Chapter 500 / Act 218 of 1956

Mich. Comp. Laws § 500.2301

Participation in facility by insurers required; purposes.

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THE INSURANCE CODE OF 1956


Act 218 of 1956


500.2301 Participation in facility by insurers required; purposes.

Sec. 2301.

    Each insurer authorized to write worker's compensation insurance in this state shall participate in the Michigan worker's compensation placement facility for the purpose of doing all of the following:

    (a) Providing worker's compensation insurance to any person who is unable to procure the insurance through ordinary methods.

    (b) Preserving to the public the benefits of price competition by encouraging maximum use of the normal private insurance system.

History: Add. 1982, Act 8, Eff. Jan. 1, 1983 ;-- Am. 1993, Act 200, Eff. Dec. 28, 1994

Compiler's Notes:

    Section 3 of Act 200 of 1993 provides as follows:

    “Section 3. This amendatory act shall not take effect unless the state administrative board certifies in writing to the secretary of state by December 31, 1994 that an agreement for the transfer of all or substantially all of the assets and the assumption of all or substantially all of the liabilities of the state accident fund has been consummated with a permitted transferee pursuant to the requirements of section 701a of the worker's disability compensation act of 1969, Act No. 317 of the Public Acts of 1969, being section 418.701a of the Michigan Compiled Laws.”

PopularName Notes:

Act 218
Notes of Decisions
Cited in 7 cases, 1996–2015 · leading case: Tig Premier Insur Co v. Dept of Treasury
Sort: Relevance Newest Treatment
Tig Premier Insur Co v. Dept of Treasury (2001) mich · cites it 4× “(6) As used in this section, “association or facility” means an association of insurers created 4 under this act and any other association or facility formed under this act as a non-profit organization of insurer members, including, but not limited to, the following: (a) The…”
Max Trucking, LLC v. Liberty Mutual Insurance Corp. (2015) ca6 “The Michigan Worker’s Compensation Placement Facility (“the Facility”) administers the involuntary market in Michigan, pursuant to Chapter 23 of the Insurance Code of 1956, Mich. Comp. Laws § 500.2301 , et seq. In 2006, Max Trucking applied for worker’s compensation insurance in…”
Wausau Underwriters Insurance Company v. Vulcan Development, Inc. (2003) ca6 “” Mich. Comp. Laws § 500.2301 (a). For the first policy year, the employer, working with its insurance agent, completes an application form and computes an estimated annual premium for the forthcoming policy year.”
Commerce & Industry Insurance v. Department of Treasury (2013) michctapp · cites it 4× “*266 (6) As used in this section, “association or facility” means an association of insurers created under this act and any other association or facility formed under this act as a nonprofit organization of insurer members, including, but not limited to, the following: (a) The…”
Tig Insurance v. Department of Treasury (1999) michctapp “(6) As used in this section, “association or facility” means an association of insurers created under this act and any other association or facility formed under this act as a non *225 profit organization of insurer members, including, but not limited to, the following: (a) The…”
Michigan Ass'n of Insurance Agents v. Michigan Worker's Compensation Placement Facility (1996) michctapp · cites it 2× “MCL 500.2301; MSA 24.12301. Defendant’s purpose is stated in MCL 500.”
Tig Insurance Co Inc v. Department of Treasury (2001) mich · cites it 2× “(6) As used in this section, “association or facility” means an association of insurers created 4 under this act and any other association or facility formed under this act as a non-profit organization of insurer members, including, but not limited to, the following: (a) The…”
— Mich. Comp. Laws § 500.2301(a) — 2 cases
Tig Premier Insur Co v. Dept of Treasury (2001) mich “(6) As used in this section, “association or facility” means an association of insurers created 4 under this act and any other association or facility formed under this act as a non-profit organization of insurer members, including, but not limited to, the following: (a) The…”
Tig Insurance Co Inc v. Department of Treasury (2001) mich “(6) As used in this section, “association or facility” means an association of insurers created 4 under this act and any other association or facility formed under this act as a non-profit organization of insurer members, including, but not limited to, the following: (a) The…”
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