HB4376 — Insurance: producers; duties of acting as a fiduciary; modify. Amends sec. 1207 of 1956 PA 218 (MCL 500.1207).

HB4376 — Insurance: producers; duties of acting as a fiduciary; modify. Amends sec. 1207 of 1956 PA 218 (MCL 500.1207). · Informed CitizenryThis bill amends the insurance code of 1956 regarding the fiduciary duties of insurance agents. It establishes that agents are fiduciaries for all money received or held in their capacity as agents…Open in Informed Citizenry