0
Senate Bill 328, introduced by Sen. Jeff Irwin (D-Ann Arbor) and passed by the Senate Committee on Finance, Insurance and Consumer Protection on a 5-3 partisan vote, would require any insurer issuing or renewing an auto policy to reduce total premiums by at least 10% without cutting benefits. A companion measure, SB 329, would prohibit reinstatement fees or higher rates after a coverage lapse. The bill has yet to receive a full Senate floor vote.
