SB 0549
Insurance: other; data security enforcement; modify. Amends secs. 553, 561 & 563 of 1956 PA 218 (MCL 500.553 et seq.) & adds secs. 564 & 564a.
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill updates Michigan’s insurance code to strengthen data security enforcement for insurance companies and producers. It clarifies definitions related to cybersecurity events, nonpublic information, and data security programs. Specifically, it mandates that insurers notify residents if their personal information is compromised in a cybersecurity event and establishes procedures for handling such notifications, including options for electronic delivery and substitute notices. The bill also grants the insurance director expanded authority to investigate licensees and enforce data security regulations.
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