Michigan Department of Insurance and Financial Services


Please Note

We are a service company that can help you file with the Michigan Department of Insurance and Financial Services. We are not associated with this nor any other government agency. We offer paid services and software to help you file. You are not required to purchase our service to file - you may file directly with this agency without using our service.


Contact Information

Physical address:
530 W. Allegan Street
7th Floor
Lansing, MI 48933

Phone: 517-284-8800
Fax: 517-284-8837

Web: Home Name search Forms

Licenses

We track the following licenses with the Michigan Department of Insurance and Financial Services in order to provide compliance services to our clients. As a client, you see this and other reference data in License Manager in-line with your licenses.

A laptop placed on a desk with our License Manager software on display

Michigan Counselor License - Non-Resident

Agency:Michigan Department of Insurance and Financial Services

Initial Registration

Filing Method:

Online

Agency Fee:

$20

Michigan Individual Non-Resident Insurance Producer License

Agency:Michigan Department of Insurance and Financial Services

Initial Registration

Filing Method:

Online

Agency Fee:

$10

Renewal Not Required

Not required



Non-Resident individual and business entity (agency) producer licenses are perpetual as long as the home state license remains active and in good standing.

Michigan Insurance Agency License

Agency:Michigan Department of Insurance and Financial Services

Initial Registration

This section applies to insurance firms that are applying for a license in Michigan for the first time.

Agency:Michigan Department of Insurance and Financial Services
Form:

http://www.michigan.gov/difs/0,5269,7-303-22535---,00.html

Agency Fee:

Varies by insurance type. Baseline of $15

Registration Renewal

This section applies to insurance firms that are already licensed in Michigan and need to renew their license.

Agency:Michigan Department of Insurance and Financial Services
Form:

http://www.michigan.gov/difs/0,5269,7-303-22535---,00.html

Agency Fee:

Varies by insurance type. Baseline of $15

Due:

Annually

Notes:

Resident and Non-Resident individual and business entity producers do not receive an invoice for license renewal annually.

Surplus Lines individual and business entity producers are required to complete the annual renewal process as indicated on the Renewal Information web page.

Renewal Not Required

Not required



Michigan Insurance Agent License

Agency:Michigan Department of Insurance and Financial Services

Initial Registration

This section applies to insurance agents that are applying for a license in Michigan for the first time.

Agency Fee:

From $10 to $110 depending on license type

Michigan Non-Resident Adjuster for Insured License

Agency:Michigan Department of Insurance and Financial Services

Initial Registration

Filing Method:

Online

Agency Fee:

$15

Michigan Non-Resident Insurance Adjuster License

Agency:Michigan Department of Insurance and Financial Services

Initial Registration

Filing Method:

Online

Agency Fee:

$15

Michigan Producer License - Non-Resident

Agency:Michigan Department of Insurance and Financial Services

Initial Registration

Filing Method:

Online

Agency Fee:

$10

Renewal Not Required

Not required



Non-Resident individual and business entity (agency) producer licenses are perpetual as long as the home state license remains active and in good standing.

Michigan Producer License - Non-Resident

Agency:Michigan Department of Insurance and Financial Services

Initial Registration

Filing Method:

Online

Agency Fee:

$10

Michigan Resident Adjuster for Insured License

Agency:Michigan Department of Insurance and Financial Services

Initial Registration

Filing Method:

Online

Agency Fee:

$15

Michigan Resident Counselor License

Agency:Michigan Department of Insurance and Financial Services

Initial Registration

Filing Method:

Online

Agency Fee:

$20

Michigan Resident Insurance Adjuster License

Agency:Michigan Department of Insurance and Financial Services

Initial Registration

Filing Method:

Online

Agency Fee:

$15

Michigan Resident Producer License

Agency:Michigan Department of Insurance and Financial Services

Initial Registration

Filing Method:

Online

Agency Fee:

$10

Renewal Not Required

Not required



Resident business entity (agency) licenses are not required to renew as long as the license remains active and in good standing.

Michigan Resident Producer License

Agency:Michigan Department of Insurance and Financial Services

Initial Registration

Filing Method:

Online

Agency Fee:

$10

Michigan Resident Surplus Lines License

Agency:Michigan Department of Insurance and Financial Services

Initial Registration

Filing Method:

Online

Agency Fee:

$110

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

Annually by March 31.

Michigan Solicitor License - Non-Resident

Agency:Michigan Department of Insurance and Financial Services

Initial Registration

Filing Method:

Online

Agency Fee:

$20

Michigan Solicitor License - Resident

Agency:Michigan Department of Insurance and Financial Services

Initial Registration

Filing Method:

Online

Agency Fee:

$20

Michigan Surplus Lines License - Non-Resident

Agency:Michigan Department of Insurance and Financial Services

Initial Registration

Filing Method:

Online

Agency Fee:

$110

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

Annually by March 31.

Michigan Third Party Administrator License

Agency:Michigan Department of Insurance and Financial Services
Foreign Qualification is Prerequisite:No
Notes:

See checlkist here

Registered Agent (Special Agency) Required?No

Initial Registration

Form:

TPA Registration Application Procedures 

Filing Method:

Mail 

Agency Fee:

$200 application fee + $25 ceritficate fee + $25 financial statement review fee

Required Attachments:

Third Party Administrator Application for Certifcate of Authority, Financial Statement, Consent to Service, Affiliation Statement, Article of Incorporation, other official filinjg, Bylaws or operating agreement of the TPA, chart showing all of TPA applicants controlling subsidiary entities, current organization chart, verification of TPA applicant's owners' respective ownership, copy of sample serice contract, and  fee proccessing card. 

Registration Renewal

Instructions:

In January, an invoice in the amount of $25.00, along with annual statement filing instructions, are emailed to the contact person on file for each TPA.

Filing Method:

Email DIFS-Licensing@michigan.gov

Agency Fee:

$25

Law:

MCL 550.936

Penalties:

Failure to file, late filing, or incorrect payment will result in a penalty, including termination of your certificate of authority as a TPA. If concerns result from review of the annual statement filing, DIFS staff will contact the TPA regarding those concerns and how they can be eliminated. The Certificate of Authority is perpetual as long as the TPA is compliant with the TPA Act.

Required Attachments:

FIS 0850 Financial Statement for Third Party Administrators

FIS 0865 Third Party Administrator Jurat Page for Annual Renewal 

 

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