Michigan Drivers Issued $3B In Auto Insurance Refunds - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Property and Casualty News
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Property and Casualty News RSS Get our newsletter
Order Prints
May 18, 2022 Property and Casualty News
Share
Share
Post
Email

Michigan Drivers Issued $3B In Auto Insurance Refunds

Herald Review (Reed City, MI)
Michigan drivers were issued $400 per-vehicle auto insurance refunds over the past two months leading to the distribution of more than $3 billion from the state.

Michigan Governor Gretchen Whitmer and the Michigan Department of Insurance and Financial Services Director Anita Fox announced more than $3,041,000,000 has been issued by auto insurers to eligible Michiganders in a press release on Wednesday.

It was a massive undertaking for Michigan's auto insurers to send out the refunds, Fox said in the release. "We were able to put a significant amount of money back in Michiganders' pockets – something we should all celebrate," she continued.

The refunds came from a roughly $5 billion surplus in the Michigan Catastrophic Claims Association fund that accumulated after the passage of the 2019 historic no-fault auto insurance reform package to ensure cost controls and consumer protections, according to the release.

The $3 billion in refunds was transferred to insurance companies in early March for distribution to insured drivers by May 9. The other $2 billion was reserved to "ensure continuity of care for accident survivors."

Monday, May 9, 2022, closed out the period for insurance companies to distribute the $400 per-vehicle checks for each vehicle that was insured under a policy that meets the minimum insurance requirements for operating a vehicle on Michigan roads as of 11:59 p.m. on October 31, 2021.

"This year, we put more than $3 billion back in people's pockets with $400 auto refund checks per vehicle," Whitmer said in the release. "As we move past the end of the refund process, we will continue to use every tool in our toolbox to help put money back into the pockets of Michiganders."

People started getting refund checks in March. People who have not yet gotten their refund, but believe they are eligible should first contact their insurance company and then the Department of Insurance and Financial Services at (833) ASK-DIFS between 8 a.m. and 5 p.m. Monday through Friday if they can't get it sorted out.

"If you haven't received your check, contact the insurance company that insured your vehicle on October 31, 2021, to verify your banking, address information and how your refund has been issued," Fox said in the release. "If you need further assistance, you may file a complaint with DIFS so that we may investigate at Michigan.gov/DIFScomplaints."

Older

Florida Pharmacy Owners Sentenced In Tennessee For Multimillion-Dollar Nationwide Telemedicine Pharmacy Fraud Scheme

Newer

Archer Building Company executives charged with worker’s compensation insurance fraud [The Sacramento Bee]

Advisor News

  • Could a narrower focus help grow your practice?
  • U.S. debt hits $40 trillion: how to support concerned clients
  • Flourish brings private-bank-like cash solution to MassMutual’s network
  • Majority of Americans concerned recent market highs are unsustainable
  • GLP-1 users choose between medication and retirement saving
More Advisor News

Annuity News

  • Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
  • Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
  • IMOs get frustrated with slow carrier adoption of faster technology
  • New class-action lawsuit targets Delaware Life over annuity disclosures
  • A client remarried: Does their annuity still fit?
More Annuity News

Health/Employee Benefits News

  • N.C. State Treasurer: State Health Plan Responds to Judge's Ruling on TRO
  • Americans question whether retirement plans can keep up with longer lives
  • UnitedHealth posts $4B profit in comeback from financial spiral
  • UnitedHealth beats Q3 expectations, hikes 2026 guidance
  • What 70% doesn’t tell you
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Upgrades Credit Ratings of Dah Sing Insurance Company Limited
  • Could a narrower focus help grow your practice?
  • How life insurance can solve problems unique to HNW clients
  • Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
  • BILTIR conference draws more than 750 insurance leaders to Bermuda
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.