P&CMImedium
A Michigan-licensed P&C producer begins soliciting policies for an admitted insurer. Under MCL 500.1208, the insurer's obligation to file an appointment with DIFS is generally triggered:
Within 15 days after the date the agency contract is executed or the first application is submitted, whichever is earlier
BOnly after the producer has bound a policy on the insurer's behalf
CAnnually on the producer's birth-month renewal date, as appointment runs concurrently with the producer's individual license cycle
DOnly if the producer earns more than $5,000 in commissions in the calendar year
Why this is the answer
MCL 500.1208 obligates the insurer — not the producer — to notify DIFS of the appointment relationship. The filing must occur within 15 days of the earlier of the agency contract execution or the producer's submission of the first insurance application on the insurer's behalf. The insurer pays the appointment fee and reports terminations under the same statute. The other options describe non-Michigan timing rules, invented thresholds, or conflate appointment with license renewal.
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