Michigan HB5886 amends insurance laws, including changes to personal protection insurance coverage and benefits.
Michigan HB5886 makes several changes to Michigan's insurance laws, particularly concerning personal protection insurance coverage and benefits. The bill repeals certain sections of the insurance code and amends others. It introduces new provisions for personal protection insurance coverage, including specific limits and conditions for coverage. The bill also modifies the process for selecting coverage levels and the conditions under which benefits are payable. Additionally, it establishes a catastrophic claims association to manage and distribute certain insurance benefits.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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