Rep. LaFave: MCCA announcement continues historic savings for drivers
LANSING — State Rep. Beau LaFave today highlighted monetary refunds across the U.P. and other parts of Michigan after an announcement from the Michigan Catastrophic Claims Association – yet another sign the Legislature’s plan to revamp no-fault is an overwhelming success. The refund comes on the heels of MCCA reporting a $5 billion surplus, after a reported surplus of roughly $2.4 billion last year. When the refunds will be paid out and how much will be given out per vehicle is still to be determined. New car insurance laws LaFave worked to get signed into law requires an audit ...