Auto insurance law touted as battle over reform echoes on third anniversary

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Insurance vendors and business enterprise teams praised state leaders this past week on the three-calendar year anniversary of the signing of Michigan’s historic vehicle no-fault reform, the most up-to-date parry in a continuing lobbyist battle above the foreseeable future of the controversial reform. 

The letter to Democratic Gov. Gretchen Whitmer, Republican Dwelling Speaker Jason Wentworth and GOP Senate Bulk Chief Mike Shirkey touted the current $400 rebates to Michigan motorists, lower automobile insurance costs, upticks in freshly insured motorists and the entry of new insurance businesses in the marketplace.

“Bipartisan car no-fault reforms have cracked down on fraud, stopped the overcharging and finally gave Michigan customers a preference,” in accordance to the letter from teams that incorporated the Insurance coverage Alliance of Michigan, Mackinac Center for Community Plan and the Michigan Chamber of Commerce. 

Michigan Gov. Gretchen Whitmer signs historic no-fault auto insurance reform legislation on May 30, 2019 as the Legislature's two Republican leaders look on.

The letter came on the third anniversary of Whitmer’s signing the bill into regulation on Mackinac Island in 2019 and as the benefits of the reform continue on to be debated.

As a short while ago as previous month, teams opposing the law’s rate slash for clinical companies despatched a letter to Whitmer inquiring her to advocate far more forcefully for adjustments to the 2019 regulation. A Republican lawmaker stunned her colleagues with an unannounced hearing on modifications to the reform, triggering numerous to stroll out.  And billboards at interchanges close to the Michigan Capitol have carried warring messages for various weeks in excess of the rewards and faults of the no-fault reform. 

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