Introduced
by
To require an independent annual audit of the Michigan Catastrophic Claims Association, and impose on MCCA the same duty to comply with the state the state Freedom of Information Act (FOIA) and Open Meetings Act as public bodies. MCCA is the private entity established to provide reinsurance to cover the liability of individual auto insurance companies to pay unlimited medical claims above $400,000 per incident, as required by the state no-fault auto insurance law.
Referred to the Committee on Insurance
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that does not contain the audit provision (which is now in House Bill 4429).
The substitute passed by voice vote
Passed in the House 65 to 44 (details)
To impose on the Michigan Catastrophic Claims Association the same duty to comply with the state the state Freedom of Information Act (FOIA) and Open Meetings Act as public bodies. MCCA is the private entity established to provide reinsurance to cover the liability of individual auto insurance companies to pay unlimited medical claims above $400,000 per incident, as required by the state no-fault auto insurance law.
Referred to the Committee on Economic Development and Regulatory Reform
