MI HB4424

Allows persons or organizations aggrieved by an insurance filing to request a hearing with the commissioner, but excludes the insurer or rating organization that made the filing from initiating such a hearing.

Requires the commissioner to hold a hearing within 30 days of receiving an application if made in good faith and the applicant would be aggrieved or grounds justify a hearing, with at least 10 days' written notice to all parties.

Authorizes the commissioner to issue an order finding a filing non-compliant with sections 2109 and 2111, specifying reasons and when the filing becomes ineffective.

Empowers the commissioner to order refunds of premiums to affected policyholders if a filing is disapproved as excessive or unfairly discriminatory, provided the refund amount is substantial and exceeds the cost of making the refund.

Limits the effect of disapproval orders to policies issued after the filing becomes ineffective, except for any refunds ordered by the commissioner.