HB 5694 Michigan House · 2023-2024 Regular Session

Insurance: unfair trade practices; unfair trade practices in the insurance industry; revise. Amends sec. 2025 of 1956 PA 218 (MCL 500.2025) & repeals secs. 2024a & 2024b of 1956 PA 218 (MCL 500.2024a & 500.2024b).

This bill updates Michigan's insurance laws to clarify which actions by insurance companies do not count as unfair trade practices like discrimination or rebating. It specifically exempts life insurance bonuses, premium adjustments based on group loss experience, and free or discounted value-added services that help with risk management, health, or financial wellness. The law requires that any such services be fair, reasonable in cost, and directly related to the insurance coverage while ensuring customers receive necessary contact information. Additionally, the bill grants the state director authority to create rules that protect consumer data privacy and prevent unfair discrimination in the implementation of these changes.
Bill status passed 3 of 5 stages cleared
Introduction
Apr 2024
Committee Review
Dec 2024
House Passage
Jun 2024
Senate Passage
Governor
Introduced Apr 30, 2024 Last action Dec 10, 2024
Floor votes · House Jun 26, 2024

How they voted

103–6
Passed
Total votes 109
Jun 26, 2024
D Democratic55
53 Yea 2 Nay
96% Yea
R Republican54
50 Yea 4 Nay
92% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
17
Key actions
3
Committee
5
Amendments
1
Dec 10, 2024
House · Reported by committee
notice given to discharge committee
Jun 26, 2024
Senate · Referred to committee
REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
Jun 26, 2024
House · Amendment offered
title amended
Jun 26, 2024
House · Passed
passed; given immediate effect Roll Call # 258 Yeas 104 Nays 6 Excused 0 Not Voting 0
Jun 26, 2024
House · Passed
substitute (H-2) adopted
Jun 26, 2024
House · Passed
substitute (H-1) adopted
May 23, 2024
House · Referred to committee
referred to second reading
May 23, 2024
House · Reported by committee
reported with recommendation with substitute (H-1)
Apr 30, 2024
House · Referred to committee
referred to Committee on Insurance and Financial Services
Apr 30, 2024
House · Introduced
introduced by Representative Brenda Carter
1 primary · 18 co-sponsors

Sponsors