Insurance: property and casualty; grants for certain properties to resist loss due to common weather-related perils; provide for. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding ch. 29A.
Key claim: SB1128 would amend Michigan’s Insurance Code (1956 PA 218) by adding chapter 29A to provide grants for certain properties to resist loss from common weather-related perils.
Abstract
(SB1128 · 103rd Legislature) Insurance: property and casualty; grants for certain properties to resist loss due to common weather-related perils; provide for. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding ch. 29A. Sponsor: Sen. Mary Cavanagh (D) In committee: S Finance, Insurance, And Consumer Protection Latest action (2026-07-29): Referred To Committee On Finance, Insurance, And Consumer Protection
Why this matters
Michigan property owners face rising losses from severe storms, wind, and hail, and insurers have flagged weather exposure as a driver of premium and availability pressures. A statutory grant program for resilience retrofits — housed in the Insurance Code — could shift some mitigation costs from ratepayers and policyholders to a state-administered fund, with implications for insurer loss ratios and long-term claims exposure.