Sec. 2301. Each insurer authorized to write worker's compensation insurance in this state shall participate in the Michigan worker's compensation placement facility for the purpose of doing all of the following: (a) Providing worker's compensation insurance to any person who is unable to procure the insurance through ordinary methods. (b) Preserving to the public the benefits of price competition by encouraging maximum use of the normal private insurance system.
Participation in facility by insurers required; purposes.
Mich. Comp. Laws § 500.2301, under THE INSURANCE CODE OF 1956.
Mich. Comp. Laws § 500.2301