HB5386 — Insurance: other; captive insurance company reports and inquiries; modify. Amends secs. 4621 & 4625 of 1956 PA 218 (MCL 500.4621 & 500.4625).

HB5386 — Insurance: other; captive insurance company reports and inquiries; modify. Amends secs. 4621 & 4625 of 1956 PA 218 (MCL 500.4621 & 500.4625). · Informed CitizenryThe bill amends the Michigan Insurance Code regarding captive insurance companies by modifying sections 4621 and 4625. Under Section 4621, a captive insurance company must submit an annual report…Open in Informed Citizenry