P&CMIeasy
Under MCL 500.110, an insurer formed under the laws of another U.S. state but doing business in Michigan is classified as which type of insurer?
ADomestic insurer
Foreign insurer
CAlien insurer
DReciprocal insurer
Why this is the answer
MCL 500.110 distinguishes domestic (formed under MI law), foreign (formed under another U.S. state's laws), and alien (formed under the laws of a foreign country) insurers. An out-of-state U.S. insurer doing business in Michigan is therefore a foreign insurer.
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