This past month, Michigan’s No Fault insurance laws have been in the cross hairs, with programs launched to significantly change components of it introduced by Home Speaker Jase Bolger and Sen. John Pappageorge. I’ve place together an informative chart that compares the similarities and large variations amongst the different proposals (such as the earlier program strongly backed by Gov. Rick Snyder and Rep. Pete Lund).
The plans I in contrast consist of:
- Residence Bill 4612 – Introduced April 2013 by Rep. Pete Lund (R-36th District) and strongly backed by Gov. Rick Snyder.
- “Substitute for Property Bill 4612″ – Property Speaker Jase Bolger (R-Marshall)’s and the House Republicans’ draft, which has not but been introduced.
- Senate Bill 818 – Introduced February 25, 2014, by Sen. John Pappageorge (R-13th District).
The chart compares the specifics of the 3 Republican-sponsored No Fault insurance reform strategies that are currently on the table and becoming deemed officially and unofficially by the Michigan Legislature.
After seeing what the insurance coverage industry lobby is proposing, funded via campaign contributions to certain lawmakers, you may possibly conclude – as I have – that you are not purchasing it.