HB-4593, As Passed Senate, May 2, 2012

 

 

 

 

 

 

 

 

 

 

 

 

SENATE SUBSTITUTE FOR

 

HOUSE BILL NO. 4593

 

 

 

 

 

 

 

 

 

 

 

 

     A bill to amend 1956 PA 218, entitled

 

"The insurance code of 1956,"

 

(MCL 500.100 to 500.8302) by adding sections 2159 and 2161.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 2159. Nothing in this chapter shall be construed to

 

provide an insured or applicant for insurance with a cause of

 

action that does not exist in the absence of this chapter.

 

     Sec. 2161. An insurer shall indemnify, defend, and hold

 

harmless producers from and against all liability, fees, and costs

 

arising out of or relating to the actions, errors, or omissions of

 

a producer resulting from the use of credit information or

 

insurance scores for the insurer, provided that the producer

 

follows the procedures and instructions established by the insurer

 


and complies with all applicable laws and regulations.

 

     Enacting section 1. Sections 2159 and 2161 of the insurance

 

code of 1956, 1956 PA 218, as added by this amendatory act, take

 

effect January 1, 2012.

 

     Enacting section 2. This amendatory act does not take effect

 

unless all of the following bills of the 96th Legislature are

 

enacted into law:

 

     (a) Senate Bill No. 300.

 

     (b) House Bill No. 4594.

 

     (c) House Bill No. 4595.

 

     (d) House Bill No. 4596.