THM, LTD v. COMMISSIONER OF INSURANCE

Docket No. 104457.

176 Mich. App. 772 (1989)

440 N.W.2d 85

THM, LTD v. COMMISSIONER OF INSURANCE

Michigan Court of Appeals.

Decided May 1, 1989.


Attorney(s) appearing for the Case

Miller, Canfield, Paddock & Stone (by John D. Pirich, Steven D. Weyhing and Noah Eliezer Yanich), for THM, Ltd.

Frank J. Kelley, Attorney General, Louis J. Caruso, Solicitor General, and Harry G. Iwasko, Jr., and E. John Blanchard, Assistant Attorneys General, for Commissioner of Insurance.

Zagaroli, Clark & Colpean, P.C. (by Michael A. Zagaroli, Suzanne Krumholz Clark and John C. Colpean), for intervenors.

Before: SHEPHERD, P.J., and MURPHY and T. GILLESPIE, JJ.


MURPHY, J.

Petitioner appeals as of right from an order of the circuit court which affirmed the June, 1985, decision of the Commissioner of Insurance denying petitioner's application for licensure as an insurance agency.

Petitioner, THM, Ltd., is a wholly owned subsidiary of Detroit & Northern Savings and Loan, a federally chartered savings and loan association. In October, 1983, petitioner applied to the Michigan Insurance Bureau to be licensed as an...

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