Insurance: insurers; single-risk limit for title insurance; eliminate. Amends sec. 640 of 1956 PA 218 (MCL 500.640).

Summary

The bill amends Michigan’s insurance statutes to remove the existing single‑risk limit on title insurance policies. It applies to insurers that issue title insurance and the consumers who purchase those policies. By eliminating the limit, the measure changes how coverage amounts are set for individual title risks.

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