Introduced
by
To establish that when an insurance company applies for a license to do business in Michigan, any additional financial statements that are required of the applicant insurer's parent company, or personal financial statements of controlling individuals, would be kept confidential.
Referred to the Committee on Insurance
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the House 88 to 20 (details)
Referred to the Committee on Banking and Financial Institutions