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MI HB4210
Bill
Status
2/19/2019
Primary Sponsor
Jeffrey Yaroch
Click for details
AI Summary
HB 4210 Summary
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Amends Section 134 to change "prior to" to "before" and replace "hereby validated" with "valid" and "shall continue" with "continues" for clarifying language regarding association plans and premiums.
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Amends Section 3104 to update terminology throughout, replacing "commissioner" with "director of the department" and modernizing verb usage from "shall" to "must" and "is."
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Adds new Section 3104(23) establishing that board writings prepared in official functions are subject to the Freedom of Information Act, 1976 PA 442, as if the board were a public body.
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Adds new Section 3104(24) requiring the catastrophic claims association to publicly disclose on its website within 15 days of charging premiums all data used in computing premiums, expected losses, expenses, and detailed actuarial computations and assumptions.
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Makes miscellaneous technical amendments to reflect current Michigan governmental structure and replace outdated statutory references while maintaining the substantive requirements for the catastrophic claims association's operations.
Legislative Description
Insurance: no-fault; Michigan catastrophic claims association; make subject to freedom of information act and provide other general amendments. Amends secs. 134 & 3104 of 1956 PA 218 (MCL 500.134 & 500.3104).
Insurance: no-fault
Last Action
Bill Electronically Reproduced 02/19/2019
2/19/2019