March 20, 2003, Introduced by Rep. Julian and referred to the Committee on Insurance.
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. Notwithstanding any other provision of this act
2 to the contrary, a commercial fire insurance policy issued or
3 delivered in this state may exclude coverage for loss by fire or
4 other perils insured against if the fire or perils were caused
5 directly or indirectly by terrorism.