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MI HB6185

Bill

Official Source

Status

Vetoed

10/13/2022

Primary Sponsor

Mary Whiteford

Click for details

Origin

House of Representatives

101st Legislature

AI Summary

  • Repeals 1933 PA 66, which regulated insurance corporations, fraternal benefit societies, and other insurance associations during emergencies in Michigan
  • Removes provisions that extended the commissioner of insurance's powers over insurance companies during emergencies
  • Eliminates regulations preventing preferential treatment among policyholders and creditors in debt and claim payments
  • Removes provisions that preserved insurance company solvency and protected policyholder interests during emergencies
  • Repeals restrictions on legal proceedings and process against insurance companies during specified emergency periods

Legislative Description

Insurance: other; 1933 PA 66; repeal. Repeals 1933 PA 66 (MCL 550.1 - 550.8).

Insurance: other

Last Action

Re-referred To Committee On Oversight

11/10/2022

Committee Referrals

Oversight11/10/2022
Oversight9/7/2022
Oversight6/9/2022

Full Bill Text

No bill text available