The COVID Project
Context, not an orderThis record is guidance or an announcement kept for context. It is not counted among the orders in force.
The record
- Jurisdiction
- Michigan; Department of Insurance and Financial Services · Michigan
- Level
- Sector regulator
- Authority
- MCL 500.200 et seq.
- Issued
- 2020-03-20 Mar. 20, 2020
- Effective
- 2020-03-20
- End
- Bulletin 2020-38 and 2020-41 (Oct. 2020, Ex. 095) continued DIFS' COVID-19 bulletins after the Governor's orders fell (read as 2020-12-31)
- In force
- Mar. 20, 2020 to Dec. 31, 2020
- Quarters
- 2020 Q22020 Q32020 Q4
2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3
- Limitation types
- Telework mandateGathering capOther
- Addressees
- all insurers authorized in Michigan
- Functions reached
- IN insurers (annual meetings, board meetings, filings)
- OP office and governance functions moved remote
- GATH shareholder and policyholder meetings
- Character
- context
- Collection
- State insurance and banking regulators AGY-ST-INSURANCE-BANKING
Operative words
In light of Executive Orders 2020-04 and 2020-11, insurers are encouraged to utilize maximum flexibility in [scheduling and conducting meetings]... Any temporary amendments to an insurer's bylaws to adopt provisions that allow greater flexibility regarding the scheduling of annual stockholder or policyholder meetings and remote meetings of the board of directors [will be accepted]. See MCL 500.5245... Any deadlines that apply to hard copy filing dates are hereby postponed and DIFS [will accept electronic filings].
Enforcement
Notes
Issued under EO 2020-11 (gatherings of more than 50 prohibited).
Retrieval noteCite it as context and cite the underlying order, statute or emergency rule it describes as the instrument. (Bulletins whose operative text imposes a mandatory duty on licensees under the regulator's own authority are excluded from this downgrade and listed separately for review.)).