2006 House Bill 6232 / Public Act 363

Revise insurance company guaranty association provisions

Introduced in the House

June 20, 2006

Introduced by Rep. Leslie Mortimer (R-65)

To revise the statutory definition of "insolvent insurance company." The bill is part of package comprised of House Bills 6223 to 6235, which revise the state law governing the Michigan guaranty association, which is essentially the insurer of insurance companies, providing coverage to an insolvent company’s policyholders up to a certain level.

Referred to the Committee on Insurance

June 29, 2006

Passed in the House 105 to 0 (details)

Received in the Senate

July 26, 2006

Referred to the Committee of the Whole

Aug. 30, 2006

Passed in the Senate 38 to 0 (details)

Signed by Gov. Jennifer Granholm

Sept. 15, 2006