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Adjusters for the assured rates
Saturday, 27 Feb, 2010 – 8:23 | No Comment

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.