A bill to amend 1956 PA 218, entitled “The insurance code of 1956,” by amending section 150 (MCL 500.150), as amended by 2019 PA 21.
Aims to enhance regulatory enforcement mechanisms within the insurance sector. It stipulates that any individual found in violation of the act, where no specific penalty is otherwise provided, will be entitled to a hearing before the director under the Administrative Procedures Act of 1969.
Co-sponsored by Reps.
Referred to the Committee on Insurance and Financial Services
Reported without amendment
Passed in the House 106 to 4 (details)
Motion to give immediate effect
by
The motion prevailed by voice vote
Referred to the Committee on Finance, Insurance, and Consumer Protection