WASHINGTON DC - For much of the 20th century, the American Dream followed a familiar path. Graduate from school. Find a good job. Buy a home. Raise a family. Save for retirement. Leave your children better off than you were. It wasn't easy, and it wasn't equally available to every American. Baby Boomers faced recessions,
The auto insurance industry has long provided vital protection for vehicle owners, shielding them from the financial risks of driving. Among the many policies available, there's a lesser-known category worth noting: non owners insurance. This type of insurance is for individuals who don't own a car but sometimes drive one. With the rise of car-sharing
DETOIT - Auto insurance is a necessary evil for most drivers. We have to have it, but no one really enjoys shopping for it. Thankfully, you can now buy auto insurance online and avoid the hassle of going from agent to agent. However, there are some advantages and pitfalls to buying auto insurance online
LANSING — The Michigan Catastrophic Claims Association will issue $3 billion in auto insurance refunds — $400 per insured vehicle — to Michigan drivers, Gov. Gretchen Whitmer and the Department of Insurance and Financial Services announced Tuesday. Drivers are expected to receive checks in the second quarter of 2022, Whitmer said in a news release. Whitmer called for refunds on
DETROIT - The question of whether or not you need to change your car insurance is one many drivers grapple with when moving out of state. And rightly so. The regulation of the auto insurance industry falls under the jurisdiction of the respective states, and these regulations differ across the various states. When relocating, typically
MACKINAC ISLAND – Amid a jubilant bipartisan moment of unity, Governor Gretchen Whitmer signed significant auto insurance changes into law Thursday following a round of negotiations leaders said could prove to be a roadmap for resolving other policy debates and the budget. The remarks came during a crowded, euphoric gathering on the Grand Hotel porch in which
LANSING - Allowing a car insurance customer to not purchase personal injury protection (PIP) coverage, even if an individual’s health insurance company covers auto accident claims, is a bridge too far for Gov. Gretchen Whitmer in the auto no-fault reform debate. Speaking to reporters as she toured the Hope Network Neuro Rehabilitation Center in East
LANSING - Though insurance rates in Detroit have long been a target of reform proponents, nearly the entire state faces rates deemed unaffordable under federal standards, a report from the University of Michigan Poverty Solutions said. The U.S. Department of Treasury Insurance Office says insurance rates of more than 2 percent of median annual income for a
LANSING - Fifteen House members last week unveiled their auto insurance reform plan, a package called the “Fair and Affordable No-Fault Reform Package" that they claim will reduce auto insurance rates 20 to 30 percent without cutting benefits. "Michigan's auto insurance system is among the very best in the world when it comes to providing
LANSING - Michigan drivers are one step closer to being able to use electronic proofs of registration during traffic stops following Michigan Senate action Thursday. The bill, HB 4013, passed the chamber by a 38-0 vote and heads to Governor Rick Snyder's desk. The bill would allow motorists to show an electronic copy or digital
