HB5380 — Insurance: other; sponsor of sponsored captive insurance company; modify. Amends sec. 4665 of 1956 PA 218 (MCL 500.4665).

HB5380 — Insurance: other; sponsor of sponsored captive insurance company; modify. Amends sec. 4665 of 1956 PA 218 (MCL 500.4665). · Informed CitizenryThis bill amends the insurance code of 1956 regarding sponsored captive insurance companies. It specifies that a sponsor of a sponsored captive insurance company must be an insurer, an insurance ho…Open in Informed Citizenry