All company appointments and cancellations in Michigan will be conducted electronically beginning in April, according to the state’s top insurance regulator.
Companies can access information about the service under the “Licensing” section of the Office of Financial and Insurance Services Web site.
In June 2002, companies were notified that appointments and cancellations were required to be submitted electronically, with the exception of credit products, personal lines, casualty and property, which were required to be submitted on paper. Temporary waivers were also granted to companies that submitted 10 or fewer appointments annually. All temporary waivers will expire April 1, 2004.
Any company that was previously exempted from electronic submission should check out the National Insurance Producer Registry (NIPR) under “Products and Services” to obtain a list of authorized business partners qualified to provide electronic appointment/cancellation services.
Topics Michigan
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