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A loss run is a document that records the history of claims made against a commercial insurance policy. It is analogous to a credit report. A loss run report will include information including the date of the claim, the amount paid, and a description of the event. Generally, a loss run will record 5 years of history. [1]
Michigan Department of History, Arts and Libraries [6] Michigan Department of Information Technology [ 7 ] 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 ...
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 ...
For instance, when a homeowner files an insurance claim for an incident like fire damage or criminal activity, most insurance reports are entered into the CLUE database. The same applies to cars ...
The Michigan Department of Licensing and Regulatory Affairs (LARA), originally the Department of Commerce among other names, is a principal department in the Michigan executive branch that oversees employment, professional licensing, construction, and commerce.
Instead, you can use your Michigan PIP insurance to file a direct first-party claim with your own insurance company for coverage of medical bills and associated costs after you, a passenger in ...
Directors and officers liability insurance (also written directors' and officers' liability insurance; [1] often called D&O) is liability insurance payable to the directors and officers of a company, or to the organization itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for ...
Michigan has responded by reforming legal insurance requirements and more closely regulating auto insurance. As a result, the state saw a 6 percent drop in the number of uninsured motorists ...