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Monday, May 20, 2024

$400-PER-VEHICLE REFUND from a state fund

Insurance01

City of Clio issued the following announcement on Mar 10.

$400-PER-VEHICLE REFUND from a state fund that covers costs for severe auto-related injuries will soon be available to Michigan drivers.

Governor Gretchen Whitmer and Michigan Department of Insurance and Financial Services Director Anita Fox announced this week that a $3 billion transfer from the Michigan Catastrophic Claims Association to Michigan auto insurers will be complete this week. That transfer starts the clock on a 60-day deadline for insurers to transfer refunds back to Michigan drivers prior to May 9, 2022

Original source can be found here.

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