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Department of Insurance and Financial Services. Michigan Department of Insurance and Financial Services (DIFS), formerly the Office of Financial and Insurance Regulation, is a principal department in the Michigan executive branch with responsibility for insurance and financial institutions .
Website. michigan.gov/lara. 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 .
Multiple-peril insurance coverage is a kind of insurance that bundles together multiple coverages that typically would be needed with each other. Typically the package may include coverage for business crime, business automobile, boiler and machinery, marine, or farm. [1] The benefits to purchasing multiple-peril insurance coverage include ...
Here are the basic laws around car insurance in Michigan: Insurance requirement: Michigan requires all drivers to carry at least a minimum amount of car insurance coverage as determined by state ...
Detroit slang is an ever-evolving dictionary of words and phrases with roots in regional Michigan, the Motown music scene, African-American communities and drug culture, among others. The local ...
Additional insured. In insurance policies, an additional insured is a person or organization who enjoys the benefits of being insured under an insurance policy, in addition to whoever originally purchased the insurance policy. [1] [2] [3] The term generally applies within liability insurance and property insurance, but is an element of other ...
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Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...