HB-4432,As Passed Senate,May 20, 2003                                       

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

    REPRINT                                                                     

                                                                                

    SUBSTITUTE FOR                                                              

                                                                                

    HOUSE BILL NO. 4432                                                         

                                                                                

    (As Passed the House, April 8, 2003)                                        

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                 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.