Michigan Department of Insurance and Financial Service News

Michigan insurance regulators are reminding property/casualty insurers that relying on “zero-dollar claim” in their insureds’ loss history is not allowed. In Bulletin 2021-27-INS, issued by Michigan Department of Insurance and Financial Services Director Anita Fox, the DIFS said some P/C …

The Michigan Department of Insurance and Financial Services has adjusted the amount of the maximum work loss benefit and survivors’ loss benefits payable under personal protection insurance policies for the coming year. The new, maximum work loss and survivors’ loss …