Permits insurers to provide certain loss prevention and risk management electronics, equipment, devices or special offers to insureds and prospective insureds.
An Act Requiring That Insurers Offer Additional Coverage To Insureds And Prospective Insureds.
Insurance: health insurers; summary of benefits and coverage provided to insureds; modify. Amends sec. 2212a of 1956 PA 218 (MCL 500.2212a).
Relates to orders of conservation for domestic insurers.
Requires life insurers to notify insureds relative to conversion option
Requires health insurers to provide coverage for speech therapy for stuttering.
Requires health insurers to provide coverage for speech therapy for stuttering.
Enacts the "construction insurance transparency act" to require insurers providing coverage for liability under the scaffold law to report, on an annual basis, to the superintendent of financial services relating to its finances and claims paid thereunder.
Relates to the administrative supervision of insurers deemed to be in a hazardous financial condition.
Extends certain exemptions from regulatory requirements necessitating prior approval of rates and forms for large, commercial insureds.