SENATE BILL NO. 88
January 26, 1999, Introduced by Senator DE BEAUSSAERT and referred to the Committee on Financial Services. A bill to amend 1956 PA 218, entitled "The insurance code of 1956," (MCL 500.100 to 500.8302) by adding section 2111f. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 SEC. 2111F. NOTWITHSTANDING ANY OTHER PROVISION OF THIS 2 ACT, AN AUTOMOBILE INSURER SHALL NOT RAISE RATES FOR AUTOMOBILE 3 INSURANCE FROM MARCH 18, 1998 TO MARCH 18, 2000 UNLESS THE 4 INSURER CAN SUBSTANTIATE TO THE COMMISSIONER THAT THE RATE 5 INCREASE IS JUSTIFIED UNDER THE FACTORS LISTED IN SECTION 2111. 6 THIS SECTION DOES NOT APPLY TO RATE CHANGES BASED UPON ASSESS- 7 MENTS LEVIED AGAINST INSURERS UNDER SECTION 3104 OR 3330. 00403'99 Final page. DKH