Tag: MCCA

Bills could force Michigan Catastrophic Claims Association to have auto insurance transparency

Angela Linders
auto insurance - Freedom of Information Act - law

SB 793 and SB 794 will open the MCCA up to public scrutiny if they both pass. New bills in Michigan, SB 793 and SB 794 have the potential to boost transparency for auto insurance claims in the Michigan Catastrophic Claims Association (MCCA). The industry-managed organization manages lifetime medical treatment claims The MCCA is the organization in the state responsible for managing lifetime auto insurance claims payments for medical treatments of over $635,000 resulting from injuries from a catastrophic vehicle collision. Policyholders seeking lifetime coverage for severe injuries obtained as…

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Catastrophic claims fees to take effect in Michigan auto insurance rates

Logan B.
Michigan Auto insurance - Umbrella Car

Drivers across the state will need to start paying the additional fees starting with July premiums. Michigan drivers are going to be paying more for their auto insurance starting in July, when higher catastrophic claims fees go into effect. This is the case even for motorists who have opted out of catastrophic no-fault coverage. Last year, the Michigan Catastrophic Claims Association (MCCA) decided to increase its annual per-vehicle assessments on all auto insurance policies in the state. The fee hikes resulting from that decision will become effective as of July…

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Michigan auto insurance $400 refunds will arrive by May 9

H. Cutner
Michigan auto insurance - Refunds

Governor Gretchen Whitmer announced that drivers in the state will receive the money by spring. The much-awaited Michigan auto insurance refunds will be headed to driver mailboxes before May 9, according to a recent announcement from Governor Gretchen Whitmer and the Department of Insurance and Financial Services (DIFS). The refund checks for $400 will be headed to motorist mailboxes by this spring. The Michigan auto insurance checks will be issued by the Michigan Catastrophic Claims Association (MCCA). Whitmer and the DIFS chose February 1, National Auto Insurance Day, to issue…

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$400 in auto insurance refunds headed to Michigan drivers

Logan B.
auto insurance refund

Insured motorists will be getting money back for each of their covered vehicles. Michigan drivers will be receiving $400 in auto insurance refunds for each insured vehicle from the Michigan Catastrophic Claims Association. Governor Gretchen Whitmer and the state Department of Insurance and Financial Services made the announcement. The auto insurance refunds will total about $3 billion. Drivers in the state can expect to receive the checks within the first half of next year, said the news release from the governor. Whitmer first made the call for the refunds at…

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Michigan Governor seeks billions in auto insurance refunds

G. Turner
Auto insurance refunds - car - dollar sign

Gov. Gretchen Whitmer started the week by calling on the industry to pay back the state’s insured motorists. On Monday, Governor Gretchen Whitmer announced that she was pursuing auto insurance refunds from the industry to insured drivers across the state. The governor said that the payments should be the outcome of a bipartisan package signed into law in 2019. The auto insurance refunds should be issued by the Michigan Catastrophic Claims Association (MCCA), said Whitmer. That association has an insurance industry-controlled board that manages a catastrophic care payment fund. That…

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