Insider Intelligence

With rate filings representing more than 99.5% of Michigan’s personal auto insurance market now approved, Governor Gretchen Whitmer and the Department of Insurance and Financial Services announced today that the average statewide Personal Injury Protection (PIP) medical savings under the state’s new auto insurance law will exceed the law’s requirements. The new law mandates statewide […]

The Department of Insurance and Financial Services is hosting live online town hall meetings to help residents learn and ask questions about Michigan’s new auto insurance law. Last year, the legislature passed, and the governor approved of changes to the state’s prior no-fault auto insurance system. Those changes are implemented for new or renewed policies […]

Representative Kyra Bolden (D-Southfield) introduced legislation addressing insurance coverage disparity for motorcyclists resulting from the recent auto no-fault insurance reform. After the law takes effect in July 2020, in the event of a collision, motorcyclists would look to the current statutory order of priority to determine whose insurance is responsible to pay their benefits. As […]

Governor Gretchen Whitmer signed legislation making major reforms to Michigan’s auto no-fault insurance system. The plan provides guaranteed rate reduction for eight years, allows drivers a choice in how much Personal Injury Protection they choose to purchase, bans the use of non-driving factors in setting rates, and sets a fee schedule for hospitals and providers […]

The phrase “E Pluribus Unum” meaning out of many, one – appears on our currency, just look at the ribbon in the eagle’s beak. It also appears in the various seals of our federal officials (President and Vice President) and bodies of the government (Congress, US House & Senate, and Supreme Court). The origin of […]

In a rare Friday session, the House and Senate are set to pass reforms to Michigan’s current auto no-fault insurance system. The deal came together after a week of negotiations between Governor Gretchen Whitmer, Senate Majority Leader Mike Shirkey (R-Clarklake) and House Speaker Lee Chatfield (R-Levering). The leaders have long agreed the system needed reforms […]

The House Democratic caucus announced a plan reforming auto insurance rates they say would bring a 40% reduction to Michigan’s high rates. Named the D.R.I.V.E. (Delivering Reduced Insurance Rates and Value to Every Michigander) plan, in addition to reducing rates, it aims to increase consumer protections, and end rate-setting practices such as red-lining. Specifics of […]

Last week the Michigan House and Senate passed reforms to Michigan’s auto no-fault insurance system. In recent polling data, vehicle insurance rates are listed as one of the top two issues for Michigan voters. During the 2018 election cycle, auto insurance rates were a main policy theme of candidates on both sides of the aisle. […]