Section 500.2482 - Insurer or rating organization aggrieved by order without hearing; hearing, court review.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.2482 Insurer or rating organization aggrieved by order without hearing; hearing, court review.
Sec. 2482.
(1) Any insurer or rating organization aggrieved by any order or decision of the commissioner made without a hearing, may within 30 days after notice of the order to the insurer or organization, make written request to the commissioner for a hearing thereon. The commissioner shall hear such party or parties within 20 days after receipt of such request and shall give not less than 10 days' written notice of the time and place of the hearing. Within 15 days after such hearing the commissioner shall affirm, reverse or modify his previous action, specifying his reasons therefor. Pending such hearing and decision thereon the commissioner may suspend or postpone the effective date of his previous action.
(2) Any order or decision of the commissioner shall be subject to review in accordance with the provisions of section 244, but no order or decision appealed from as herein provided shall become effective or be enforced pending final disposition of such appeal.
History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218