A bill to amend 1956 PA 218, entitled “The insurance code of 1956,” (MCL 500.100 to 500.8302) by adding chapter 30B.
This will would create the "Insurance Policyholder Bill of Rights." It would create a host of new requirements of insurers, except for health insurers, including equal consideration to policyholders' interests, prompt claim handling, objective claim investigation and evaluation, and clear communication. It would make it easier for people to win lawsuits against insurance companies.
Co-sponsored by Sens.
Referred to the Committee on Finance, Insurance, and Consumer Protection