LANSING, Mich. — Michigan’s Senate passed legislation Tuesday aimed at cutting the country’s highest average auto insurance premiums by eliminating a requirement that drivers buy unlimited medical benefits to cover crash injuries. No other U.S. state has such a mandate. …
Senate Republicans on Tuesday signaled their intent to make lowering high auto insurance premiums a top priority in the two-year session, proposing legislation that would make it optional for Michigan drivers to buy what is now mandatory unlimited medical coverage. …
A new regulation issued by the New York State Department of Financial Services (DFS) aims to curb costs and abuses of New York’s no-fault insurance law while leveling the playing field for New York insurers, according to a DFS press …
The Future Of Auto Insurance In No-Fault States In its widest sense, “no-fault insurance” is a term used to describe any auto insurance coverage under which policyholders are paid for personal injuries and property damage they sustain in accidents through …