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Mackinac Center for Public Policy
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2014 House Bill 5525: Expand insurance companies sanctions
  1. Introduced by Rep. Tom Cochran (D) on May 6, 2014, to require that if an insurance company fails to act in good faith and pay benefits in a timely manner, and this leads to an insured receiving a bad credit report, the insurer must contact the large credit rating agencies and tell them that it was the company’s fault.
    • Referred to the House Insurance Committee on May 6, 2014.

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