Michigan Compiled Laws

Mich. Comp. Laws § 500.2426 (2026)

Manual of classifications, rules and rating plans; rates meeting standards.

✓ current as of July 2026

Find cases: SyfertCases citing this section MI-LEGlegislature.mi.gov JustiaChapter on Justia CornellLII Search CasesGoogle Scholar

THE INSURANCE CODE OF 1956

Act 218 of 1956

500.2426 Manual of classifications, rules and rating plans; rates meeting standards.

Sec. 2426.

No manual of classifications, rule, rating plan, or any modification of any of the foregoing which measures variations in hazards or expense provisions, or both, and which has been filed pursuant to the requirements of this chapter shall be disapproved if the rates thereby produced meet the requirements of section 2403 (1) (d) (rate standards).

History: 1956, Act 218, Eff. Jan. 1, 1957

PopularName Notes:

Act 218

Notes of Decisions

Cited in 3 cases, 2008–2010 · leading case: Ins. Inst. v. Com'r, Fin. & Ins., 785 N.W.2d 67 (Mich. 2010).

Sort: Relevance Newest Treatment

Ins. Inst. v. Com'r, Fin. & Ins., 785 N.W.2d 67 (Mich. 2010). · cites it 2× “Plaintiffs argue that under MCL 500.2426 and MCL 500.2626, defendant may not disapprove rates that are based on insurance scores because insurance scoring is actuarially sound.”

Ins. Inst. v. Comm'r of the Off. of Fin. & Ins. Servs., 761 N.W.2d 184 (Mich. Ct. App. 2008). · cites it 4× “E Regarding insurance issued under chapter 24, MCL 500.2426 provides: No manual of classifications, rule, rating plan, or any modification of any of the foregoing which measures variations in hazards or expense provisions, or both, and which has been filed pursuant to the…”

Ins. Inst. v. Comm'r of the Off. of Fin. & Ins. Servs., 486 Mich. 370 (Mich. 2010). · cites it 2× “Plaintiffs argue that under MCL 500.2426 and MCL 500.2626, defendant may not disapprove rates that are based on insurance scores because insurance scoring is actuarially sound.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.