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.
Senate Bill No. 543 increases penalties and strengthens enforcement for violations of Michigan’s insurance laws, aiming to improve regulatory compliance and consumer protection.
Co-sponsored by Sens.
Referred to the Committee on Finance, Insurance, and Consumer Protection
Reported without amendment
Referred to the Committee of the Whole