Insurance: no-fault; price optimization use in determining insurance rates; prohibit. Amends secs. 2109 & 2119 of 1956 PA 218 (MCL 500.2109 & 500.2119).

Summary

The bill bars the use of price‑optimization methods when determining rates for no‑fault auto insurance. It affects insurance companies and Michigan drivers who purchase such policies. The goal is to prevent potentially unfair or opaque pricing practices.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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