Monday, April 02, 2018

Lawmaker: Michigan no-fault insurance hike is 'a farce' - Story | WJBK

Lawmaker: Michigan no-fault insurance hike is 'a farce' - Story | WJBK
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 - To say State Rep. Pete Lucido (R-Shelby Township) is upset about the latest insurance rate hike, would be an understatement.
On Thursday the Michigan Catastrophic Claims Association announced starting July 1st - you will pay $22 more a year -- bringing the total to $192 a year for each insured vehicle.
Lucido wants to know why since the catastrophic claims fund currently has $21 billion.
"This is a farce, this is un-American and uncivilized in today's society," Lucido said. "We shouldn't be paying for this; we need to have them under oath. We need to have those books open. We need to know how much people are making and where that money goes."

Lucido says the only people who do know is the Michigan Catastrophic Claims Association because years ago it became a private fund.
The organization claims the mandatory fee to cover unlimited medical benefits for injured drivers are going up because of higher than expected claims..."
Read on!

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