Michigan Compiled Laws

Mich. Comp. Laws § 500.2626 (2026)

Manual, minimum, class rate, rating schedule, rating plan or rule; rates meeting standards.

✓ current as of July 2026

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THE INSURANCE CODE OF 1956

Act 218 of 1956

500.2626 Manual, minimum, class rate, rating schedule, rating plan or rule; rates meeting standards.

Sec. 2626.

No manual, minimum, class rate, rating schedule, rating plan, rating rule, or any modification of any of the foregoing which has been filed pursuant to the requirements of sections 2606 through 2614 shall be disapproved if the rates thereby produced meet the requirements of this chapter.

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).

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Ins. Inst. v. Com'r, Fin. & Ins., 785 N.W.2d 67 (Mich. 2010). · cites it 2× “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., 486 Mich. 370 (Mich. 2010). · cites it 2× “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 2× “Regarding insurance issued under chapter 26, MCL 500.2626 provides: No manual, minimum, class rate, rating schedule, rating plan, rating rule, or any modification of any of the foregoing which has been filed pursuant to the requirements of [this chapter] shall be disapproved if…”

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