Mich. Admin. Code R. 500.81

Current through Vol. 24-19, November 1, 2024
Section R. 500.81 - Acquisition of certain "domestic insurers"; Form A

Rule 11.

(1) If the person being acquired is determined to be a domestic insurer solely because of the provisions of section 1311(4) of the act, MCL 500.1311, the name of the domestic insurer on the cover page must be indicated as follows:

"ABC Insurance Company, a subsidiary of XYZ Holding Company."

(2) If a domestic insurer described section 1311(4) of the act, MCL 500.1311, is being acquired, a reference to "the insurer" contained in Form A refers to both the domestic subsidiary insurer and the person being acquired.

Mich. Admin. Code R. 500.81

2024 MR 6, Eff. March 20, 2024