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The Michigan Department of Licensing and Regulation was abolished with most responsibilities transferred to the newly formed Department. [1] It was renamed the Department of Consumer and Industry Services under an executive order issued in 1996 by Governor John Engler , merging most of the Department of Labor within the Department of Commerce ...
Chartered Property Casualty Underwriter (CPCU) is a professional designation in property-casualty insurance and risk management, [1] administered by The Institutes (AKA American Institute for Chartered Property Casualty Underwriters). Achieving the designation requires completion of eight courses covering topics such as risk management ...
Governor John Engler created the Office of Financial and Insurance Regulation as a Type I agency within the Michigan Department of Consumer and Industry Services to be headed up by a commissioner appointed to a four-year term. The Corporations, Securities and Land Development Bureau's security functions and all functions of the Insurance Bureau ...
Before underwriting, a loan officer or mortgage broker collects credit and financial information for your application. A mortgage underwriter who works for the lender then verifies your identity ...
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In insurance, a managing general agent is defined legally as "an individual or business entity appointed by an underwriting insurer to solicit applications from agents for insurance contracts or to negotiate insurance contracts on behalf of an insurer and, if authorized to do so by an insurer, to effectuate and countersign insurance contracts".
In the US, the Registered Professional Liability Underwriter (RPLU) designation from the Professional Liability Underwriting Society (PLUS) is considered to be the only professional designation exclusively for people in the professional liability industry.