Bill Text: MI HB5147 | 2009-2010 | 95th Legislature | Engrossed

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Bill Title: Insurance; unfair trade practices; penalties for certain individuals who knowingly create, foster, or encourage an environment that leads to systemic wrongful denial of claims; provide for. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 2026b. TIE BAR WITH: HB 4844'09, HB 5148'09

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Introduced - Dead) 2009-08-26 - Referred To Committee On Economic Development And Regulatory Reform [HB5147 Detail]

Download: Michigan-2009-HB5147-Engrossed.html

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HB-5147, As Passed House, August 19, 2009

 

 

 

 

 

 

 

 

 

 

 

 

SUBSTITUTE FOR

 

HOUSE BILL NO. 5147

 

 

 

 

 

 

 

 

 

 

 

 

     A bill to amend 1956 PA 218, entitled

 

"The insurance code of 1956,"

 

(MCL 500.100 to 500.8302) by adding section 2026b.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 2026b. The president or chief executive officer or an

 

individual serving in an equivalent position for an insurer to whom

 

section 2203 or 3149 applies who knowingly creates, fosters, or

 

encourages an environment that leads to systemic wrongful denial of

 

claims because of the violation of section 2203 or 3149, as

 

applicable, is guilty of a felony punishable by imprisonment for up

 

to 4 years or a fine of not more than $50,000.00, or both.

 

     Enacting section 1. This amendatory act does not take effect

 

unless all of the following bills of the 95th Legislature are

 

enacted into law:

 

     (a) House Bill No. 4244.

 

     (b) House Bill No. 4844.

 

     (c) House Bill No. 5020.

 

     (d) House Bill No. 5145.

 

     (e) House Bill No. 5146.

 

     (f) House Bill No. 5148.

 

     (g) House Bill No. 5150.

 

     (h) House Bill No. 5151.