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Committee reviews bill to allow insurers to offer loss-prevention services without rebating penalties
Summary
House Bill 4071 would codify criteria allowing insurers and producers to provide value-added loss-control services — like water sensors or wildfire-defense services — without being treated as unlawful rebates or inducements. Industry witnesses said the change would align Michigan law with NAIC model language and reforms adopted in other states.
The Michigan House Insurance Committee heard testimony on House Bill 4071 on March 5, a measure intended to clarify Michigan’s anti-rebating and anti-inducement provisions so that insurers and producers may provide certain value-added loss-prevention services without being treated as prohibited rebates.
Sponsor testimony said the proposal follows a National Association of Insurance Commissioners (NAIC) model update and recent state actions. “HB 4071 would codify who could offer value-added services and items and codify…
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