LANSING — With no hearings or public input, the legislative majority rushed through House Bill 4397 today, providing a giveaway to insurance companies in the form of loopholes to avoid guaranteed lower rates or an end to discriminatory rate setting practices. Michigan’s auto insurance industry is one of the least regulated in the U.S. with Michigan drivers paying nearly two times more than drivers anywhere else in the nation, according to a University of Michigan study. In response, state Rep. Laurie Pohutsky (D-Livonia) issued the following statement:
“In the dead of night, the legislative majority chose to put the health of Michiganders at risk while doing nothing to actually lower auto insurance rates for those needing relief. Real solutions require time and effort, and are not rushed through while the rest of our state sleeps. It’s time for us to come together to find comprehensive, long-term answers to the problems facing our communities.”
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