Search for: "Michigan Catastrophic Claims Association" Results 21 - 40 of 160
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21 Jul 2012, 5:46 am by admin
The insurance industry is claiming that the current No-Fault insurance system in Michigan is unsustainable, and without these reforms (read: profit-building measures to avoid paying on legitimate claims),  the Michigan Catastrophic Claims Association (MCCA) will go bankrupt. [read post]
20 Mar 2013, 4:43 am by admin
Anderson: Reforming Michigan Catastrophic Claims Association Would Protect Drivers, Lower Rates “The Michigan Catastrophic Claims Association (MCCA) was created with best of intentions. [read post]
15 Jun 2023, 8:03 am by Steven M. Gursten
The increase in the Michigan Catastrophic Claims Association fee (MCCA fee) that takes effect on July 1, 2023, is attributable to their investments losing more than $5 billion in value and also paying $3 billion in refunds to drivers. [read post]
13 Aug 2013, 8:21 am by Steven Gursten
That’s exactly what’s  happened to the Michigan Catastrophic Claims Association (MCCA), as its Board of Directors have watched  the MCCA rack up a $2 billion deficit. [read post]
1 Apr 2013, 9:36 am by admin
What’s the truth about the Michigan Catastrophic Claims Association’s claimed billion-dollar deficit? [read post]
15 Nov 2019, 8:55 pm by Marites Taclin
MIC General Insurance Corporation, Individually and as Assignee of the Michigan Catastrophic Claims Association v Lynn Peridore, Mid Valley Interim HealthCare Services, Inc., et al, Saginaw County Circuit Court. [read post]
9 May 2013, 2:26 pm by Steven Gursten
Additionally, auto insurers receive 100% reimbursement from the Michigan Catastrophic Claims Association for every dollar paid out on catastrophic claims. [read post]
2 Apr 2013, 4:03 am by admin
Patterson calls for needed transparency into the workings of the Michigan Catastrophic Claims Fund In a recent exclusive interview, Oakland County Executive L. [read post]
28 Aug 2013, 4:38 am by Steven Gursten
HB 4612 would also eliminate the Michigan Catastrophic Claims Association. [read post]
18 Feb 2014, 4:30 am by Steven Gursten
MCCA pre-approval checklist changes home modifications pre-approval: The Michigan Catastrophic Claims Association (MCCA) has released a new pre-approval checklist for auto insurers to guide them through the process of obtaining the MCCA’s approval of a proposed home modification reimbursement for catastrophically injured car and truck accident victims. [read post]
30 Jul 2012, 5:18 pm
Instead all you hear about is the price increase from the Michigan Catastrophic Claims Association, but what evidence have you seen that substantiates this price increase? [read post]
8 Apr 2013, 4:16 am by admin
Smith’s bill also lays out plans to close down the Michigan Catastrophic Claims Association (MCCA), which pays for the unlimited, lifetime benefits provided to catastrophically injured auto accident victims. [read post]
26 Mar 2012, 9:01 am by Steven M. Gursten
”) The Michigan Catastrophic Claims Association (MCCA), which reimburses No Fault insurance companies for medical claims that exceed $500,000, announced a $30 or 21 percent increase in its annual per vehicle assessment. [read post]
13 May 2013, 8:50 am by Steven Gursten
This doesn’t include the ongoing Michigan Catastrophic Claims Association assessments, or the $21 million annual assessment to fund the Insurance Fraud and Theft Prevention authorities or the inevitable increases in health insurance costs and/or taxpayers’ Medicaid burden. [read post]
13 Apr 2012, 7:16 am by Steven M. Gursten
" Finally, data from the Michigan Catastrophic Claims Association shows that nearly 8 percent of all reported and paid catastrophic claims already involve motorcycle-crash victims. [read post]
23 Jan 2013, 7:55 am by admin
In reporting its loss ratios for No Fault coverage, it is also crucial that No Fault insurers include in their “incurred losses” calculation only those losses actually paid by the insurer – not the catastrophic claims payments made by the Michigan Catastrophic Claims Association. 2. [read post]
14 Nov 2013, 4:20 am by Steven Gursten
” In case you missed it In the Newsletter, Michigan Auto Law included links to the following blog posts that are directly relevant to the battle over whether to preserve or dismantle Michigan’s Catastrophic Claims Association: October 25, 2013: “Time for an emergency financial manager to take over the Michigan Catastrophic Claims Association? [read post]
3 Mar 2014, 9:49 am by Steven Gursten
Finally, the substitute bill again ignores that there is zero data from the Michigan Catastrophic Claims Association to back up the proposal, Brooks noted. [read post]