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MI HB4593

Bill

Official Source

Status

Passed

7/18/2012

Primary Sponsor

Paul Opsommer

Click for details

Origin

House of Representatives

96th Legislature

AI Summary

  • Adds section 2159 clarifying that the chapter does not create a cause of action beyond what exists under current law
  • Adds section 2161 requiring insurers to indemnify, defend, and hold harmless insurance producers from liability, fees, and costs arising from producers' use of credit information or insurance scores when following the insurer's procedures and applicable laws
  • Effective date is the 91st day after final adjournment of the 2012 regular session
  • Act takes effect only if Senate Bill 300 and House Bills 4594, 4595, and 4596 are also enacted into law

Legislative Description

Insurance; essential; use of credit information and credit scoring; regulate. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding secs. 2159 & 2161. TIE BAR WITH: HB 4594'11, HB 4595'11, HB 4596'11, SB 0300'11

Insurance, essential

Last Action

Assigned Pa 205'12

7/18/2012

Committee Referrals

Insurance4/28/2011

Full Bill Text

No bill text available