HB5384 — Insurance: other; sponsored captive insurance companies; modify. Amends sec. 4667 of 1956 PA 218 (MCL 500.4667).

HB5384 — Insurance: other; sponsored captive insurance companies; modify. Amends sec. 4667 of 1956 PA 218 (MCL 500.4667). · Informed CitizenryThis bill amends Section 4667 of the Insurance Code of 1956 to modify regulations regarding sponsored captive insurance companies. It explicitly allows various business entities, including associat…Open in Informed Citizenry