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MI SB1214
Bill
Status
11/27/2018
Primary Sponsor
Patrick Colbeck
Click for details
AI Summary
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Changes language in section 9 of 1951 PA 35 to clarify that group self-insurance pools providing motor vehicle insurance are considered self-insurers under Michigan insurance law.
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Removes requirement that group self-insurance pool members obtain a certificate of self-insurance and instead references the general insurance code (MCL 500.100 to 500.8302).
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Requires group self-insurance pools providing motor vehicle security before July 1, 2020 to become members of the catastrophic claims association created under MCL 500.3104.
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Takes effect July 1, 2020, contingent upon enactment of Senate Bill No. 1218 of the 99th Legislature.
Legislative Description
Insurance; self-funded; municipal corporation group self-insurance pools; revise requirement to belong to catastrophic claims association. Amends sec. 9 of 1951 PA 35 (MCL 124.9). TIE BAR WITH: SB 1218'18
Local government: other
Last Action
Referred To Committee On Insurance
11/27/2018