PROHIBIT USE OF REDLINING                                                               S.B. 305 (S-1):

                                                                                                    SUMMARY OF BILL

                                                                                     REPORTED FROM COMMITTEE

Senate Bill 305 (Substitute S-1 as reported)

Sponsor:  Senator Adam Hollier

Committee:  Insurance and Banking

CONTENT

The bill would amend the Insurance Code to do the following:

-- Prohibit an insurer from establishing a rate or rating classification for automobile insurance written on a group, franchise, or blanket policy based on sex.

-- Require a rate filing to specify that an insurer would not refuse to insure, refuse to continue to insure, or limit the amount of coverage available because of the location of the risk, and that the insurer would recognize those practices to constitute redlining.

-- Prohibit an insurer from engaging in redlining.

MCL 500.2105 & 500.2108                                      Legislative Analyst:  Stephen Jackson

FISCAL IMPACT

The bill would have no fiscal impact on State or local government.

Date Completed:  5-16-19                                        Fiscal Analyst:  Elizabeth Raczkowski

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.