MIC Archive

  • It is Time: Governor Calls for No-Fault Reforms in SOS

    It is Time: Governor Calls for No-Fault Reforms in SOS

    Governor Snyder pushes for lower rates through comprehensive reforms Lansing, Mich. – The Michigan Insurance Coalition agrees with Governor Rick Snyder that now is the time to reform Michigan’s no-fault insurance to make auto insurance affordable for all Michigan families. In tonight’s State of the State address, Governor Snyder said, “We are the tenth most […]

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  • Michigan drivers: Are you carrying fake auto insurance?

    Michigan drivers: Are you carrying fake auto insurance?

    By Susan Tompor Detroit Free Press Personal Finance Columnist Some Michigan drivers are being warned that they may have bought fake auto insurance through the Tennessee Christian Motorist Aid, according to state regulators. The Michigan Office of Financial and Insurance Regulation ordered Marvin Graber and Tennessee Christian Motorist Aid to cease and desist from conducting […]

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  • Auto insurance fraud costs state $3 billion annually

    Auto insurance fraud costs state $3 billion annually

    MLive By Danielle Favorite Auto insurance fraud is a growing problem in Michigan. What is auto insurance fraud? It includes staged auto accidents and false claims of injury; false reports of stolen vehicles and billing for medical treatment never rendered. To deter this activity, there is legislation (House Bill 5701) that I support to create […]

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  • 160-Year Old Hanover Retaking Its Place as P/C Industry Leader

    160-Year Old Hanover Retaking Its Place as P/C Industry Leader

    Insurance Journal By Andrew G. Simpson Eight out of 160 years of history may not seem like a big deal but for Hanover Insurance Group, founded in 1852, the last eight years have seen a series of big deals. Eight years ago in 2004, the $2.4 billion heavily personal lines super-regional insurer was trying to […]

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  • 21% MCCA Increase = Need for Auto Insurance Reform

    21% MCCA Increase = Need for Auto Insurance Reform

    Increasing medical costs continue to drive up the cost of auto insurance for every automobile in Michigan (Lansing) – Today’s announcement of the increased charge of $30.00 per vehicle per year (from $145 to $175 per car) by the Michigan Catastrophic Claims Association (MCCA) confirms what insurers and others have been telling public policymakers for […]

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  • Study shows elderly have high crash, fatality rates

    Study shows elderly have high crash, fatality rates

    The Times Herald By Holly Setter Michigan roads can be treacherous for senior drivers, a recent report shows. The study, released by TRIP — a national transportation research group — and the American Association of State Highway and Transportation Officials, shows Michigan ranks ninth in the nation for the number of fatal crashes involving a […]

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