Michigan SB0544 amends insurance laws to prohibit post-claim underwriting and other unfair practices.

Michigan SB0544 amends the insurance code to prohibit post-claim underwriting and other unfair practices in the business of insurance. The bill specifically addresses actions such as misrepresenting facts, failing to acknowledge claims promptly, and compelling insureds to litigate for amounts due. It also mandates insurers to maintain records of complaints and to forward them to the insurer unless resolved by the agent. The changes aim to ensure fair treatment of insureds and claimants in the claims process.

Michigan SB0544 amends insurance laws to prohibit post-claim underwriting and other unfair practices.

Michigan SB0544 amends the insurance code to prohibit post-claim underwriting and other unfair practices in the business of insurance. The bill specifically addresses actions such as misrepresenting facts, failing to acknowledge claims promptly, and compelling insureds to litigate for amounts due. It also mandates insurers to maintain records of complaints and to forward them to the insurer unless resolved by the agent. The changes aim to ensure fair treatment of insureds and claimants in the claims process.