Insurance: other; sharing of information concerning suspected or completed insurance fraud; allow. Amends sec. 4509 of 1956 PA 218 (MCL 500.4509).
Insurance: other; penalties for fraudulent insurance acts; increase. Amends sec. 4511 of 1956 PA 218 (MCL 500.4511).
Insurance: no-fault; penalties for lapse of insurance policy; eliminate. Amends secs. 2116b, 2118 & 2120 of 1956 PA 218 (MCL 500.2116b et seq.) & repeals sec. 2116a of 1956 PA 218 (MCL 500.2116a).
Insurance: automobile; manuals of rules; provide requirements for. Amends secs. 2021, 2106, 2108, 2112, 2458 & 2652 of 1956 PA 218 (MCL 500.2021 et seq.).
Insurance: other; captive insurance company reports and inquiries; modify. Amends secs. 4621 & 4625 of 1956 PA 218 (MCL 500.4621 & 500.4625).
Insurance: other; civil penalties for violations; allow. Amends sec. 150 of 1956 PA 218 (MCL 500.150).
Insurance: other; underwriting transparency; provide for. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 2229.
Insurance: other; data security enforcement; modify. Amends secs. 553, 561 & 563 of 1956 PA 218 (MCL 500.553 et seq.) & adds secs. 564 & 564a.
Insurance: other; market conduct exams; require insurers to pay for. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding ch. 4A.
Insurance: other; reporting requirements; provide for. Amends secs. 7, 11 & 17 of 2018 PA 175 (MCL 550.1757 et seq.). TIE BAR WITH: HB 4183'25, HB 4951'25, HB 4961'25