A bill to amend 1956 PA 218, entitled “The insurance code of 1956,” by amending section 640 (MCL 500.640), as amended by 2010 PA 338.
Amends Michigan's insurance code to remove specific risk exposure limits for title insurers, exempting them from the general 10% cap on single risk or hazard exposure that applies to other insurers.
Introduced
by
Referred to the Committee on Insurance