P&CMIhard
Under MCL 500.1801+, a non-Michigan-domiciled risk retention group (RRG) wishing to write liability coverage in Michigan must:
Register with DIFS, submit a chartering-state feasibility study, and pay required fees, but is not subject to most MI rate-and-form regulation
BObtain a full Michigan certificate of authority and file all rates and forms with DIFS for prior approval before writing any liability coverage for any insured
CConvert to a Michigan domestic insurer before writing any coverage
DOperate exclusively as a surplus lines insurer through licensed brokers
Why this is the answer
The federal Liability Risk Retention Act (LRRA) preempts most state regulation of foreign-domiciled RRGs. Michigan's MCL 500.1801+ implements that framework: a foreign RRG registers with DIFS, submits its plan of operations from the chartering state, and is exempt from most MI rate, form, and countersignature laws.
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