House Dems Oppose Bill That Protects Deceptive Insurers
|Targeted News Service|
"It's appalling the extent to which insurance companies are willing to go to avoid being accountable to their customers," said state Representative
The bill is a "direct attack on one of our veterans who was catastrophically injured as a result of her involvement in a motor vehicle collision," Burnett said. "The bill would reward and insulate any
Amendments to Michigan Consumer Protection Act to deny consumers the right to sue companies that are regulated by the state, such as insurers, went into effect in 2001. The bill didn't apply the new rules retroactively, however. HB 5558 would apply retroactivity to the law and pre-empt lawsuits filed for actions that took place before 2001. It was amended today to exempt court actions filed before the current bill becomes law. While Dell's award might remain intact, others in
Last month, House Democrats unveiled a package of legislation that would put consumer protection back into the law. The bills hold insurance companies accountable by prohibiting unfair or deceptive practices and allowing consumers to file a lawsuit when companies don't comply. They make insurance more affordable by making it harder for companies to charge excessive rates. Finally, the bills increase transparency by encouraging whistleblowers to come forward when they see misconduct from the inside.
"This bill attacks consumers for the benefit of corporations. The people of
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