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Michigan Office of Financial and Insurance Regulation Changes its Name

 

March 12 - The Michigan Office of Financial and Insurance Regulation will soon become the Department of Insurance and Financial Services and will be the State of Michigan department responsible for regulating Michigan's financial industries, including banks, credit unions, insurance, and mortgage companies, according to its website. The agency consists of over 350 professionals dedicated to protecting Michigan consumers by ensuring the companies that it regulates are safe and sound, follow state and federal law, and are entitled to the public confidence.


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