A bill to amend 1956 PA 218, entitled “The insurance code of 1956,” by amending sections 553, 561, and 563 (MCL 500.553, 500.561, and 500.563), as added by 2018 PA 690, and by adding sections 564 and 564a.
Senate Bill No. 549 amends Michigan's Insurance Code to expand and clarify cybersecurity breach notification requirements for insurance licensees, strengthen consumer protections, and enhance regulatory oversight and enforcement of data security practices.
Co-sponsored by Sens.
Referred to the Committee on Finance, Insurance, and Consumer Protection
Reported without amendment
Referred to the Committee of the Whole
