MI Public Adjuster Practice Questions - Michigan Public Adjuster Exam

What is the Michigan Insurance Code's provision regarding cease and desist orders (MCL 500.2038)?

Only courts can issue cease and desist orders The Commissioner can issue cease and desist orders against persons engaging in unfair trade practices, and knowingly violating such an order can result in civil fines up to $20,000 per violation Cease and desist orders only apply to insurers There is no such provision in Michigan

Correct Answer:

The Commissioner can issue cease and desist orders against persons engaging in unfair trade practices, and knowingly violating such an order can result in civil fines up to $20,000 per violation

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