The web Browser you are currently using is unsupported, and some features of this site may not work as intended. Please update to a modern browser such as Chrome, Firefox or Edge to experience all features Michigan.gov has to offer.
Annual Financial Statement
The Michigan Department of Insurance and Financial Services (DIFS) waives the filing of printed annual statements and supplements for foreign risk retention groups in Michigan. DIFS will rely on filings made with the NAIC as meeting the statutory requirement to file financial statements in Michigan. Michigan domestic risk retention groups must ensure that all filings with the NAIC are proper and timely. Failure to properly submit filings with the NAIC may subject companies to penalties.