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MI HB6451
Bill
Status
10/17/2018
Primary Sponsor
Timothy Greimel
Click for details
AI Summary
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Prohibits insurers from charging or collecting fees or other money for automobile insurance policies beyond premiums calculated using specified rates and assessments
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Allows premiums based on rates under manuals of classification, manuals of rules and rates, rating plans, and modifications thereof filed under the Insurance Code
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Permits premiums based on rates for the automobile insurance placement facility filed under section 3340
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Allows premiums to include assessments for the automobile theft prevention authority under section 6107
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Allows premiums to include premiums for the catastrophic claims association as recognized in the insurer's rates under section 3104(22)
Legislative Description
Insurance; no-fault; processing fees; prohibit insurer from charging. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 2116b.
Insurance: no-fault
Last Action
Bill Electronically Reproduced 10/17/2018
11/7/2018