state_legiscan_drain · MI
Insurance: property and casualty; premium discounts; require insurance companies to offer under certain circumstances. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 2132a.
July 29, 2026
Summary
If enacted, this bill would amend Michigan's Insurance Code to require property and casualty insurers to offer premium discounts under certain circumstances. The bill would affect insurance companies and policyholders in Michigan, but does not directly impact mortgage lenders, servicers, or other financial institutions.
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-1129
Common questions
- What does "Insurance: property and casualty; premium discounts; require insurance companies to offer under certain circumstances. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 2132a." cover?
- If enacted, this bill would amend Michigan's Insurance Code to require property and casualty insurers to offer premium discounts under certain…
- When was it published?
- It was published on July 29, 2026.