2006 House Bill 6235 / Public Act 366

Revise insurance company guaranty association provisions

Introduced in the House

June 20, 2006

Introduced by Rep. Leslie Mortimer (R-65)

To update certain references in sections of statute in the law that establishes the Michigan insurance guaranty association, which is essentially the insurer of state insurance companies should they become insolvent, providing coverage to a company’s policyholders who are state residents up to a certain level. The bill affects a provision that exempts HMOs from certain provisions of the guaranty association law. The bill is part of package comprised of House Bills 6223 to 6235.

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