Frankenmuth Insurance announces rule changes for commercial general liability in Michigan.
The Insurance Services Office (ISO) has been making incremental changes to the annual minimum payroll exposures for executive officers and individual policyholders or co-partners in various states.
For policies with an effective date of August 1, 2022, and later, officer payroll on commercial general liability in Michigan is changing from $29,700 to $37,100.
If you have any questions, please feel free to contact your field manager or underwriter.
