May 16, 2006, Introduced by Senator SWITALSKI and referred to the Committee on Banking and Financial Institutions.
A bill to amend 1956 PA 218, entitled
"The insurance code of 1956,"
by amending section 3204 (MCL 500.3204).
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec.
3204. (1) No An insurer shall not cancel a policy of
automobile liability insurance issued after November 1, 1966, in
pursuance
of their certificate of authority by the department
office of financial and insurance services unless the cancellation
is effected pursuant to the applicable provisions of this chapter.
(2) Refusal to renew any policy of automobile liability
insurance shall
does not constitute a cancellation unless the
insurer
fails to mail, 20 60
days prior to the termination date
of the policy, by first-class mail, a notice to the insured that
the policy will not be renewed.