A bill to amend 1956 PA 218, entitled “The insurance code of 1956,” by amending sections 150 and 2038 (MCL 500.150 and 500.2038), as amended by 2019 PA 21.
The bill amends the Insurance Code to establish a penalty framework for violations, including fines and license actions, with specific provisions for insurers and non-insurers, and directs collected fines to the state's general fund.
Co-sponsored by Sens.
Referred to the Committee on Finance, Insurance, and Consumer Protection
