Michigan auto insurance company profits hit “record-smashing” highs in 2020 during the first full year of No-Fault reform. A recent study shows that Progressive, State Farm, Allstate and Citizens – which make up nearly 50% of Michigan’s auto insurance market – “reported windfall profits in 2020.” Michigan-based Auto-Owners Insurance Company also had a banner year …
Disclaimer: This information is for general informational purposes only and should not be relied upon as legal advice without consulting with a licensed attorney. This is not intended to substitute for the advice of an attorney. The law is
subject to frequent changes and varies from one jurisdiction to another. Some of the information on this site may be deemed attorney advertising in some states. No attorney-client relationship is formed nor should any such relationship be
implied. Past results are no guarantee of future results. A licensed attorney responsible for the content of this site can be reached at (866) 886-9668.