Section 500.2111e - Rates increase prohibited; applicability of section. - Michigan Statutes

THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956

500.2111e Rates increase prohibited; applicability of section.

Sec. 2111e.

Notwithstanding any other provision of this act, an automobile insurer shall not raise rates for automobile insurance before April 1, 1992. This section shall not apply to rate changes based upon assessments levied against insurers pursuant to section 3104 or 3330.

History: Add. 1991, Act 191, Eff. Jan. 1, 1992
Popular Name: Act 218
Popular Name: Essential Insurance
Popular Name: No-Fault Insurance