HB-4432,As Passed House,Apr 8, 2003

SUBSTITUTE FOR

HOUSE BILL NO. 4432

                                                                             A bill to amend 1956 PA 218, entitled                                             

"The insurance code of 1956,"                                               

(MCL 500.100 to 500.8302) by adding section 2834.                           

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

1   Sec. 2834.  (1) Notwithstanding section 2833, a commercial                  

2   fire insurance policy issued or delivered in this state may                 

3   exclude coverage for loss by fire or other perils insured against           

4   if the fire or perils were caused directly or indirectly by                 

5   terrorism.                                                                  

6       (2) As used in this section, "terrorism" means any of the                   

7   following:                                                                  

8       (a) A certified act of terrorism as defined in the terrorism                

9   risk insurance act of 2002, Public Law 107-297, 116 Stat. 2322.             

10  (b) A violent act or an act that is dangerous to human life,                

11  property, or infrastructure that is committed by an individual or           

1   individuals and that appears to be part of an effort to coerce a            

2   civilian population or to influence the policy or affect the                

3   conduct of any government by coercion.                                      

4       (c) Terrorism as defined in a form that is voluntarily filed                

5   under and subject to section 2236 and is properly in use.