2016 House Bill 5538

Mandate more MCCA disclosures

Introduced in the House

April 12, 2016

Introduced

To require the Michigan Catastrophic Claims Association (MCCA) to disclose actuarial computation used in rate setting. The MCCA is the reinsurance provider that covers unlimited vehicle crash medical claims when they go above $545,000, coverage that is mandated by the state no-fault auto insurance law. See also <a href="http://www.michiganvotes.org/2015-HB-4560">House Bill 4560</a>.

Referred to the Committee on Insurance