Bill could bar Michigan auto insurers from using non-driving factors

Insurance Business Magazine | July 15, 2019

Just weeks after Michigan Governor Gretchen Whitmer signed a landmark no-fault auto insurance reform bill, legislators are demanding for more to be done to reduce the state’s extortionate auto insurance rates. US Rep. Rashida Tlaib has introduced a bill called the Prohibit Auto Insurance Discrimination Act (PAID), which would prevent auto insurance companies from using non-driving factors like zip code, census tract, gender, education, occupation, employment, homeownership, credit score, and marital status, to determine rates. According to a report in the Detroit Metro Times, Tlaib brought PAID to the table alongside Rep. Bonnie Watson Coleman, D-N.J., because she believes the bill recently signed into law by Governor Gretchen Whitmer “does not go far enough to stop these harmful practices” of using non-driving factors.

Spotlight

The decision to open your own medical practice is fraught with risk and reward. Whether you’re fresh out of school or looking for autonomy from your practice, your success lies in the details. First things first. Is there a healthcare attorney or accountant in your network? With the healthcare landscape changing constantly, a conversation with a professional who understands the field can help you build a solid foundation.

Spotlight

The decision to open your own medical practice is fraught with risk and reward. Whether you’re fresh out of school or looking for autonomy from your practice, your success lies in the details. First things first. Is there a healthcare attorney or accountant in your network? With the healthcare landscape changing constantly, a conversation with a professional who understands the field can help you build a solid foundation.

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Advisor360° | July 05, 2022

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LIFE INSURANCE

Chubb Acquires Cigna’s Life and Non-Life Insurance Companies in Asia Pacific

Chubb | July 04, 2022

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INSURANCE TECHNOLOGY

First Connect Adds Cowbell Cyber Prime 100 to Insurtech Marketplace

Hippo, Cowbell Cyber, First Connect | July 14, 2022

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