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House Republicans are proposing a revised overhaul of Michiganās auto insurance system and to guarantee a 10 percent cut in premiums for two years. The plan unveiled Thursday does away with unlimited medical benefits for people catastrophically injured in car accidents. Most drivers could instead buy $10 million in personal injury protection, and proponents say […]
Workers’ compensation rate decreases are encouraging, but may not translate into lower prices for employers right away. Workersā compensation rates are finally beginning to reverse an upwards trend. Fifteen out of 20 rate and advisory loss cost filings submitted by the National Council on Compensation Insurance (NCCI) so far this year have displayed decreases. Nine […]
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