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2015 House Bill 4354: Revise insurance company trade secret detail

Public Act 141 of 2015

Introduced by Rep. Michael Webber (R) on March 18, 2015
To allow insurance companies or rating organizations filing on the insurer's behalf to designate certain information in filings they are required to make with the state as a trade secret. If the state insurance commissioner agrees the information is proprietary then it would not be subject to open records law disclosure.   Official Text and Analysis.
Referred to the House Insurance Committee on March 18, 2015
Reported in the House on April 16, 2015
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Received in the Senate on April 23, 2015
Referred to the Senate Insurance Committee on April 23, 2015
Reported in the Senate on June 18, 2015
With the recommendation that the bill pass.
Amendment offered in the Senate on September 17, 2015
To clarify that the bill would be prospective only, and that information in previous filings will still be a public record.
The amendment passed by voice vote in the Senate on September 17, 2015
Received in the House on September 30, 2015
Signed by Gov. Rick Snyder on October 13, 2015

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