Tag: Michigan

Michigan Auto Insurance Reform Cuts Costs by $357 Per Vehicle

Michigan's 2019 auto insurance reform led to $357 average savings per vehicle, reduced uninsured motorist rates, and adjustments in PIP coverage. The reform's impact continues to shape Michigan's insurance market.

Michigan Court Rules Parked Vehicle Not ‘Involved’ in Accident for PPI Claims

Michigan Court of Appeals rules a parked, unoccupied vehicle struck in an accident is not liable for property protection insurance benefits under no-fault law. The decision affects insurer responsibilities and subrogation claims.

Michigan Legislative Advances Impacting Reporting, Human Trafficking, School Safety, and Re-Entry Services

Michigan legislature advances bills enhancing abortion reporting, human trafficking penalties, school safety measures, child abuse education, and re-entry services impacting insurance and regulatory landscapes.

Michigan Proposal SB 245 May Increase Insurance Litigation, Costs

Michigan's SB 245 proposes expanding insurance claims litigation rights, raising concerns about higher premiums and market disruption.

Senator Gary Peters Advocates for Extension of ACA Tax Credits to Curb Rising Premiums

Senator Gary Peters urges Senate to extend Affordable Care Act tax credits to prevent steep premium increases and declining insurance enrollment in Michigan.

Michigan Moves to Incorporate Virtual Power Plants to Enhance Grid Reliability

Michigan Senate bills propose integrating virtual power plants to improve electrical grid reliability and efficiency by coordinating distributed energy resources and reducing reliance on peaker plants.

Michigan Auto No-Fault Law Raises Rates, Increases Uninsured Drivers Post-Reform

Michigan's 2019 auto no-fault reform leads to higher insurance premiums and more uninsured drivers despite state claims of savings. Milliman report reveals disparities in coverage costs and ongoing regulatory challenges.

Michigan Health Insurance Marketplace Enrollment Deadline for 2026 Coverage Approaches

Michigan residents must enroll by December 15, 2025 to have 2026 Health Insurance Marketplace coverage start on January 1. Enrollment continues through January 15 with later effective dates.

Michigan House Speaker Proposes Hospital Charge Regulations to Lower Healthcare Costs

Michigan House Speaker Matt Hall considers new commission or fee schedules to regulate hospital charges, aiming to reduce healthcare expenses by adopting utility rate oversight strategies.

Potential Health Insurance Cost Increase in Michigan with ACA Tax Credit Expiration

Michigan officials warn of rising health insurance costs as Affordable Care Act tax credits for small businesses and families face expiration, risking coverage affordability.