2015 House Bill 4752

Require disclosure of MCCA assessment methodology to require the Michigan Catastrophic Claims Association

Introduced in the House

June 18, 2015

Introduced by Rep. Derek Miller (D-28)

To disclose the actuarial computation used to determine the amount of insurance reserve funds and customer assessments required to meet future claims under for the unlimited vehicle crash personal injury protection (PIP) coverage required by the state no fault auto insurance law. MCCA provides reinsurance for the most costly of these claims.

Referred to the Committee on Insurance