PLMImedium
Which of the following is an enumerated ground under MCL 500.1239 for DIFS to suspend or revoke a Michigan resident producer's license?
AFailing to meet a self-imposed annual sales quota for personal auto, as set by the appointing insurer
BWriting fewer than 10 personal lines policies in a calendar year, as required by DIFS rule
Misappropriating or improperly withholding monies received in the course of doing insurance business
DDeclining to sell flood insurance to a customer in a non-NFIP participating community
Why this is the answer
MCL 500.1239 lists statutory grounds for license discipline including providing false information on the application, violating insurance laws, intentionally misrepresenting policy terms, having a license revoked in another state, and misappropriating premium or claim funds. Sales volume and refusal to sell coverage in non-NFIP areas are not statutory grounds. The 12 grounds in MCL 500.1239(1) form the universe of producer discipline triggers.
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