Bill
HB 5694
Insurance: unfair trade practices; unfair trade practices in the insurance industry; revise. Amends sec. 2025 of 1956 PA 218 (MCL 500.2025) & repeals secs. 2024a & 2024b of 1956 PA 218 (MCL 500.2024a & 500.2024b).
2023-2024 Regular Session
Introduced by Abraham Aiyash and 18 co-sponsors
Insurers may offer certain value‑added products or services tied to coverage to policyholders, with cost caps and consumer protections, replacing small nominal gifts.
notice given to discharge committee