Introduced
by
To increase the membership of the five-member Michigan Catastrophic Claims Association (MCCA) board from five to six, and require one member to represent the general public. MCCA is the entity established to provide reinsurance to cover the liability of individual auto insurance companies to pay unlimited medical claims above $350,000 per incident, as required by the state no-fault auto insurance law. Its board is now comprised of the companies to which it provides reinsurance.
Referred to the Committee on Banking and Financial Institutions
