In the insurance industry, over 220,000 resident and non-resident individual and business entity (agency) producers, adjusters, counselors, solicitors, individual and business entity (agency) surplus lines producers, reinsurance intermediaries, foreign risk retention groups, purchasing groups and third party administrators are licensed, authorized, or registered.
The Consumer Finance Division is responsible for licensing, registering, and supervising over 8,000 mortgage and consumer finance entities. The Division's supervisory activities include conducting on-site examinations of books and records, investigating consumer complaints, and initiating enforcement actions in accordance with applicable statutes.
In the securities industry, there are 121,000 agents, 2,200
broker-dealers, and 1,600 investment advisers registered in Michigan.
| Licensing Timeline A calendar of recurring requirements. | | File a Complaint, View Complaint Stats or Enforcement Actions |
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