Consumers once again pay the price for lack of MCCA transparency

Insurance company-controlled board will raise annual fee from $192 to $220 starting July 1

LANSING, Mich.—(March 27, 2019)— John Cornack, president of CPAN, issued the following statement in response to today’s news that the Michigan Catastrophic Claims Association (MCCA) will be raising its annual per vehicle fee from $192 to $220 starting July 1.

“The Michigan Catastrophic Claims Association, which is run by Michigan auto insurance companies, has more than $20 billion sitting in its coffers. Every year it asks for more money, yet it refuses to show us the rate-making data it uses to determine its financial health and set its annual assessment. This is yet another example of the auto insurance industry not being held accountable due to a lack of strong consumer protections in Michigan. We need to bring full transparency to the MCCA as part of any no-fault reform package.”