2005 Senate Bill 618: Increase auto insurance coverage mandates

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Introduced by Sen. Gilda Jacobs (D) on June 21, 2005, to prohibit an auto insurer from raising rates if anyone challenges the increase unless the state Insurance Commissioner determines the increase is “equitable” after a public hearing. Also, to require auto insurance companies to annually report detailed information on their claims history, total premiums collected, profits and more. Also, to increase the minimum mandated bodily insurance liability requirements in auto policies; prohibit insurers from limiting various health care options of an injured person; mandate that the coverage include various home care options, and more.
- Referred to the Senate Banking and Financial Institutions Committee on June 21, 2005.

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1) Holding Insurance companies accountable. by Anonymous Citizen on July 18, 2005
If this bill passes, it will be a miracle. The insurance companies hold us hostage with their rates. Yet they are not required to show justifiable cause when they increase our rates.

This bill would force them to open thier books and show us what is going on with OUR money. It would also open the books on the MCCA--where is that money being spent--and to see if the insurance companies are scamming all of us.

I cannot see how we in Michigan pay higher insurance rates when we are a no-fault state yet the insurance companies keep trying to bleed us a little bit more.

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2) 2005 Senate Bill 618 (Increase auto insurance coverage mandates ) by admin on January 1, 2001
Introduced in the Senate on June 21, 2005

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