state_legiscan_drain · MI
Insurance: property and casualty; grants for certain properties to resist loss due to common weather-related perils; provide for. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding ch. 29A.
July 29, 2026
Summary
If enacted, this bill would create a grant program within Michigan's insurance code for certain properties to resist loss from common weather-related perils. The bill would authorize funding for property improvements that reduce vulnerability to events like storms, potentially affecting property insurers and homeowners. It does not directly regulate lenders or mortgage products.
AI-generated summary · Aug 2, 2026. Verify with your compliance counsel before acting.
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Source: https://legislature.mi.gov/Bills/Bill?ObjectName=2026-SB-1128
Common questions
- What does "Insurance: property and casualty; grants for certain properties to resist loss due to common weather-related perils; provide for. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding ch. 29A." cover?
- If enacted, this bill would create a grant program within Michigan's insurance code for certain properties to resist loss from common weather-related…
- When was it published?
- It was published on July 29, 2026.