Insurance: other; credit card processing fees; allow insurance producers to collect. Amends sec. 1915 of 1956 PA 218 (MCL 500.1915) & adds sec. 1202a.
bill electronically reproduced 05/19/2026
Summary
The bill lets insurance agencies and producers add a fee when an insured pays by credit card, debit card, electronic transfer, or similar method, but only up to the real cost they incur. It requires clear notice before the transaction, a free alternative (check or money order), and prohibits refunds of the fee. The amendment also clarifies fee limits for surplus‑lines and personal‑lines policies.
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