Have you been injured? you may have a case. GET A FREE CONSULTATION

Oakland County Exec. L. Brooks Patterson: No guarantee of savings for drivers under No Fault reform

April 15, 2013 by Steven M. Gursten

Oakland County Executive L. Brooks Patterson is known for being a pragmatic, fiscally savvy leader and a good negotiator.

And in a recent exclusive interview, Mr. Patterson discussed  how the insurance industry hasn’t offered a guarantee of savings for Michigan drivers amid its strong push to “reform” the Michigan’s No Fault system by capping medical benefits and dismantling the Michigan Catastrophic Claims Association (MCCA). The MCCA is the fund that reimburses insurance companies for auto accident claims exceeding $500,000.

Mr. Patterson turned up the heat on the No Fault reform debate in February, when he published his “Open Letter” on why our existing No Fault system must be preserved and protected.

Here are some notable quotes from Mr. Patterson’s interview:

  • “[No guarantee of insurance cost savings for drivers, plus the insurance industry not giving information for lawmakers to make an educated decision on possible reform] doesn’t surprise me. Again, because [the insurance industry has] a vested interest in changing the system to benefit [themselves] perhaps.”
  • “It does give me pause for concern and alarm because the [insurance industry is] making these proposals with no guarantee of a better result than we have today.”
  • “Then why aren’t you promising… put [cost savings for Michigan auto insurance consumers] in the law? Of course they won’t. And you can anticipate that the costs won’t go down.”

For more information, click here to read a comprehensive analysis of Michigan No Fault reform and the latest developments.

Related information:

Video: L. Brooks Patterson praises No-Fault

Video: L. Brooks Patterson says insurance industry keeping drivers in the dark on No Fault reform

Video: L. Brooks Patterson says No Fault is good for Michigan jobs

[Community Guidelines]

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts
Michigan DIFS Must Protect Auto Policyholders’ Medical Coverage
Michigan DIFS Must Protect Auto Policyholders’ Medical Coverage
July 13, 2021
New No-Fault Reimbursement Rates Pulled Out of Thin Air
New No-Fault Reimbursement Rates Pulled Out of Thin Air
June 10, 2021
How To Save On Car Insurance After Michigan No-Fault Reform
How To Save On Car Insurance in Michigan After No-Fault Reform
May 27, 2021