February 8, 2018, Introduced by Reps. Howrylak, Brinks, Schor, Zemke, Gay-Dagnogo, Inman, Lucido, Wittenberg, Sabo, LaGrand, Robinson, McCready and Leutheuser and referred to the Committee on Insurance.
A bill to amend 1956 PA 218, entitled
"The insurance code of 1956,"
by amending section 2082 (MCL 500.2082).
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec.
2082. (1) No A life insurer doing business in this state
shall
not make any distinction or discrimination between white
persons
and colored persons, wholly or partially of African
descent,
individuals based on race or
color as to the premiums or
rates
charged for policies upon on
the lives of such persons, those
individuals,
or in any other manner. whatever;
nor shall any such A
life insurer doing business in this state shall not demand or
require
a greater premium from such colored persons than is at that
time
required by such insurer from white persons of the same age,
sex,
general condition of health and prospect of longevity; nor an
individual based on that individual's race or color. A life insurer
doing
business in this state shall not make
or require any a
rebate,
diminution, or discount upon on the
amount to be paid on
such
a life insurance policy in case of death of such colored
person
insured; nor based on an
individual's race or color or
insert
in the policy any a condition, nor or make any a stipulation
whereby
such person by which the insured shall bind individual
binds
himself or herself or his or her heirs,
executors,
administrators
personal representatives, and assigns to accept any
sum
an amount less than the full amount or value of such the policy
in
case of for a claim accruing thereon by reason because of
the
death
of such person the insured
, other than such as are imposed
on
white persons in similar cases; individual,
based on the
individual's
race or color, and any such stipulations
stipulation
or
conditions condition so made or inserted shall be is void.
(2)
Any An insurer which that violates any of the
provisions
of
this section shall forfeit to
the state the sum of $500.00 is
subject to a civil fine of $10,000.00 for each violation, to be
recovered
by the attorney general by appropriate action in any a
court, of
competent jurisdiction, and any a judgment therefor from
the
action may be collected in the same
manner as is herein
provided for collecting judgments rendered in favor of
policyholders.
And any An officer or agent who violates any of the
provisions
of this section shall be deemed is guilty
of a
misdemeanor ,
and upon conviction thereof shall be punished
punishable
by imprisonment in the county jail not
exceeding for not
more
than 1 year , or by a fine of not less than $50.00, $500.00
and
not exceeding $500.00, more
than $10,000.00, or by both. such
fine
and imprisonment, in the discretion of the court.