Feb 27 2010
Adjusters for the assured rates
Adjusters for the assured are bound by 501.3 (3) which state.
Every adjuster for the assured in the State of Michigan who is not a solicitor shall file with the insurance department the rates of commision for his service. Said commission shall not exceed 10% in any case and when such rates are filed every adjuster for the assured must adhere to the schedule of rates filed with the department of insurance.
No responses yet