December 20, 2018
Your PAC Donations at Work!

PAC dollars are as necessary as ever as your association fights to support legislative issues favorable to member agencies and those who support the Independent Agent. Now is the time to join the fight and to make a financial investment in both AgentPAC (state) and InsurPac (national). 

Your voice in Michigan!

Questions Contact:

Matt Wesolek
517-327-8038
No-Fault Vote Unlikely in the House of Representatives

As we highlighted in Tuesday’s NewsNow, a new no-fault reform proposal surfaced during the end of the lame duck session. Yesterday, the House of Representatives adjourned for the day without voting on SB 1014 and no vote is expected during today’s final House session day. MAIA has learned that the Senate does not intend to vote on no-fault regardless of whether the House manages to pass a bill. 
Data Security Legislation Passes the Senate, Soon Headed to the Governor

Yesterday evening, House Bill 6491, to create an insurance data security law, passed the Senate by a vote of 38 to 0. The House of Representatives is expected to concur with Senate changes later today and send the bill to the governor for his signature.

The Senate passed version is a compromise between the bill sponsor, Rep. Lana Theis, the Department of Insurance and Financial Services, and industry stakeholders. The bill ultimately is an improved version of the model law proposed by the National Association of Insurance Commissioners (NAIC).

MAIA was actively involved in the working groups to have agent-friendly amendments included in the bill that passed this afternoon. One of the most important changes is an expansion of the exemption from the model act for small licensees, which would exempt agencies with 25 or fewer employees from the data security requirements.  MAIA supports the legislation .
 
The new data security act won’t take effect until 2020. MAIA will have more information for licensees as the new law is implemented.
Gift Limit Increase Bill Headed to Governor

Legislation to increase the gift limits ( HB 5609) is also headed to the governor’s desk. The bill passed the Senate unanimously late on Tuesday evening. As a reminder, the bill increases the gift limit from $10 to $50 and adds a calendar year limitation.  MAIA supported the bill. In case you missed it, click here for details of the bill, highlighted in our November 29 News Now.  
It was a busy lame duck session. Rest assured, when the new legislative session begins on January 9, MAIA will be there representing your interests.