MI HB6267

Removes the 90-day waiting period requirement for home insurance rate filings, allowing insurers to use home insurance rates immediately upon filing with the department.

Establishes mandatory content requirements for insurance manuals filed with the department, including table of contents, rating steps, all rating rules, premium payment options, termination and reinstatement procedures, coverage descriptions, and discount/surcharge rules.

Clarifies trade secret exemptions by removing references to specific subsection numbers (2108(5) and 2406(6)) and replacing them with broader section references (2108 and 2406) to align trade secret determinations.

Maintains existing requirements for insurers to provide policyholders with annual written notices detailing rating classifications, premium calculation methods, appeal rights, and available underwriting rules from the insurer and its affiliates.

Preserves policyholder rights to request rate information from rating organizations and insurers, with reasonable appeal and hearing procedures before the director within 30 days of adverse decisions.