August 9, 2006, Introduced by Senators CLARKE, SCOTT, SCHAUER, BASHAM, JACOBS, LELAND, EMERSON, BRATER, WHITMER, CHERRY, BARCIA, THOMAS, OLSHOVE, CLARK-COLEMAN, PRUSI and SWITALSKI and referred to the Committee on Banking and Financial Institutions.
A bill to amend 1956 PA 218, entitled
"The insurance code of 1956,"
(MCL 500.100 to 500.8302) by adding section 2027a.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 2027a. (1) It is an unfair method of competition and an
unfair or deceptive act or practice in the business of insurance
for an automobile insurer to establish or use an underwriting rule
in such a manner as to assign a risk to a rating plan on the basis
of an insured's or applicant's educational level, employment,
trade, business, occupation, or profession.
(2) This section does not apply to insurance described in
section 2105(2) or to an insurer exempt under section 2129.
Enacting section 1. This amendatory act takes effect January
1, 2007.