Bill
HB 6106
Insurance: other; captive insurance company reports and inquiries; modify. Amends secs. 4621 & 4625 of 1956 PA 218 (MCL 500.4621 & 500.4625).
2023-2024 Regular Session
Introduced by Felicia Brabec and 13 co-sponsors
Michigan captives must file annual audited financials, actuarial opinions, and timely reports, with new fee structure and penalties for noncompliance.
REFERRED TO COMMITTEE ON GOVERNMENT OPERATIONS