Introduced
by
To require that cases against an insolvent insurance company in an administrative tribunal, including a workers compensation insurance case, be stayed until a receiver is appointed to oversee the liquidation or reorganization process, and a state insurance guaranty association (the "insurer of insurers" that may have to assume certain obligations of the insolvent company) has time to mount a defense. The bill is part of package comprised of House Bills 6223 to 6235, which revise the state law governing the Michigan guaranty association.
Referred to the Committee on Insurance
Passed in the House 105 to 0 (details)
Referred to the Committee of the Whole
Passed in the Senate 38 to 0 (details)
