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On January 17, 2013, Governor Rick Snyder ordered that the Office of Financial and Insurance Regulation (OFIR) be transfer out of the Michigan Department of Licensing and Regulatory Affairs to form a new principal department, the Michigan Department of Insurance and Financial Services, effective March 19, 2013. [3]
On February 4, 2019, Governor Gretchen Whitmer ordered that the Michigan Agency for Energy be transferred out of the department and into the Department of Environment, Great Lakes, and Energy as the Office of Climate and Energy. [10] In 2021 the Child Care Licensing Bureau was created within the Department of Licensing and Regulatory Affairs.
Michigan Department of Licensing and Regulation, abolished by Governor Engler with most of the department transfer to the Department of Commerce until Commerce was split up with the former L&R powers transferred to the Department of Consumer and Industry Services [1]
As a licensed insurance agent, policyholder and financial news editor, I’m no stranger to the massive post-pandemic rate increases impacting policyholders’ budgets.
Search. Search. Appearance. ... Michigan Department of Insurance and Financial Services; L. ... Michigan Department of Licensing and Regulatory Affairs;
Minimum insurance requirements: Drivers must carry at least a minimum of 50/100/10 liability insurance, Personal Injury Protection (PIP) and Property Protection Insurance (PPI). The state’s ...