Governor Gretchen Whitmer and Department of Insurance and Financial Services Director Anita Fox released the following statement after the Michigan Catastrophic Claims Association (MCAA) voted unanimously to grant the governor’s request to deliver refund checks to every Michigander with auto insurance.
“As we continue to put Michiganders first, I am always working to find ways to lower costs and use every resource we have to help Michiganders thrive,” said Governor Whitmer. “It is great news that the Michigan Catastrophic Claims Association has swiftly taken action in response to my letter this week to begin the process of issuing refund checks to help drive down the costs and produce savings for Michiganders with auto insurance. Michiganders have paid into the catastrophic care fund for decades, and these funds from the $5 billion surplus belong in the pockets of Michigan policyholders.”
“I applaud the MCCA’s quick response to the Governor’s call for the MCCA to provide the maximum refund of its $5 billion surplus to Michigan policyholders while maintaining the viability of the fund for auto accident survivors,” said Director Anita Fox. “I urge the MCCA Board to act promptly to determine the amount of and process and timetable for expeditiously issuing refunds to all Michiganders with auto insurance.”
The refund is possible in part because of the historic, bipartisan auto insurance reform signed into law by the governor in 2019 and would return money to every Michigander with auto insurance.
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