MCL - 218-1956-8
Act 218 of 1956
ASSETS AND LIABILITIES
| Document | Type | Description |
|---|---|---|
| Section 500.808 | Section | Stock or mutual insurers; unearned premium reserves, pro rata basis, computation. |
| Section 500.810 | Section | Reserves; computation; additional reserves; plan to restore compliance; effect of noncompliance; examination of reserve practices and investment incomes. |
| Section 500.811 | Section | Repealed. 1994, Act 148, Imd. Eff. June 7, 1994. |
| Section 500.812 | Section | Repealed. 1969, Act 318, Eff. Mar. 20, 1970. |
| Section 500.813 | Section | Repealed. 1992, Act 182, Imd. Eff. Oct. 1, 1992. |
| Section 500.814 | Section | Certification of loss reserves. |
| Section 500.814a | Section | Statement of actuarial opinion; filing requirements; confidentiality; Michigan automobile insurance placement facility not property and casualty insurer. |
| Section 500.815 | Section | Computation of unearned premium reserve on mortgage guaranty insurance. |
| Section 500.815a | Section | Establishment of contingency reserve by mortgage guaranty insurer. |
| Section 500.816 | Section | Repealed. 1969, Act 318, Eff. Mar. 20, 1970. |
| Section 500.817 | Section | Repealed. 1966, Act 221, Imd. Eff. July 11, 1966. |
| Section 500.818, 500.822 | Section | Repealed. 1969, Act 318, Eff. Mar. 20, 1970. |
| Section 500.830 | Section | Life insurance policies and annuity and pure endowment contracts; life insurance contracts, annuity and pure endowment contracts, accident and health contracts, and deposit-type contracts; annual valuation of reserves; limitation; valuation fee; adopting lower standard of valuation; valuation of business of foreign cooperative or assessment insurer; definitions. |
| Section 500.830a | Section | Life insurance; actuarial opinion; form; submission to director; liability of actuary; “qualified actuary” defined; limitation; public hearing; company with outstanding life insurance contracts, accident and health insurance contracts, or deposit-type contracts; actuarial opinion; requirements; definitions. |
| Section 500.831 | Section | Domestic insurer's business in foreign country; variance of mortality standard. |
| Section 500.832 | Section | Valuation of life insurance policies and contracts issued before operative date of standard nonforfeiture law. |
| Section 500.834 | Section | Valuation of life insurance policies and contracts issued on and after operative date of standard nonforfeiture law; minimum standard; reserves; definitions. |
| Section 500.835 | Section | Valuation of individual annuity and pure endowment contracts; minimum standard; notice of election to invoke section; failure to make election; definitions. |
| Section 500.835a | Section | Individual annuity and pure endowment contracts purchased after December 31, 2014; annuities and pure endowments purchased after December 31, 2014 under group annuity and pure endowment contracts; valuation; tables and interest rates; definitions. |
| Section 500.836 | Section | Calendar year statutory valuation interest rates; use; determination; weighting factors; “reference interest rate” defined; alternative method for determination of reference interest rate; changes to policy or contract forms; computing reference interest rate for calendar year 1986. |
| Section 500.836a | Section | Valuation of disability plans and contracts issued before date of valuation manual; regulations; accidental and health insurance contracts; definitions. |
| Section 500.836b | Section | Valuation manual; establishment of reserves using principle-based valuation; duties of company; confidential information; definitions. |
| Section 500.837 | Section | Definitions; valuation requirements for universal life insurance policies. |
| Section 500.838 | Section | Definitions; use of NAIC accounting practices and procedures manual; mortality table; separate rates for smokers and nonsmokers; determining minimum reserve liabilities, minimum cash surrender values, and amounts of paid-up nonforfeiture benefits; actuarial opinion; application of accounting practices and procedural manual; rates and charges based on gender; blended tables; basis as sex-distinct and sex-neutral. |
| Section 500.838a | Section | Definitions; 2001 CSO preferred class structure mortality table. |
| Section 500.839 | Section | Capital notes. |
| Section 500.840 | Section | Repealed. 1969, Act 318, Eff. Mar. 20, 1970. |
| Section 500.841 | Section | Valuation of certain bonds or other evidences of debt. |
| Section 500.842 | Section | Valuation of certain securities, stocks, or shares. |