A bill to amend 1956 PA 218, entitled “The insurance code of 1956,” by amending sections 2021, 2106, 2108, 2112, 2458, and 2652 (MCL 500.2021, 500.2106, 500.2108, 500.2112, 500.2458, and 500.2652), sections 2021, 2112, 2458, and 2652 as amended by 2015 PA 141 and sections 2106 and 2108 as amended by 2019 PA 21.
The bill amends the Insurance Code of 1956 to improve transparency and fairness in insurance practices, requiring insurers to provide detailed rate information to policyholders, prohibiting redlining, and establishing procedures for grievances and appeals.
Co-sponsored by Reps.
Referred to the Committee on Insurance and Financial Services