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Terms Used In Michigan Laws 500.4159

  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Consumer profile information: means information that is reasonably appropriate to determine whether a recommendation addresses the consumer's financial situation, insurance needs, and financial objectives, including, at a minimum, the following:
    (i) Age. See Michigan Laws 500.4151
  • Insurer: means an individual, corporation, association, partnership, reciprocal exchange, inter-insurer, Lloyds organization, fraternal benefit society, or other legal entity, engaged or attempting to engage in the business of making insurance or surety contracts. See Michigan Laws 500.106
  • producer: means insurance producer as defined in section 1201 and includes a business entity described in section 1205(2) that is licensed as an insurance producer under this act. See Michigan Laws 500.4151
  •     A producer shall not dissuade, or attempt to dissuade, a consumer from any of the following:
        (a) Truthfully responding to an insurer‘s request for confirmation of the consumer profile information.
        (b) Filing a complaint.
        (c) Cooperating with the investigation of a complaint.