Great Lakes Wire

Great Lakes Wire

Friday, January 17, 2020

Auto insurance reforms take effect in Michigan

Regulation

By Michael Carroll | Jan 4, 2020

Newlaw

Hundreds of new state laws took effect across the nation this week, including minimum wage increases, new internet privacy rules, gun-related regulations, marijuana legalization and new tests on whether workers can be classified as independent contractors.

In the area of gun regulations, Colorado, Hawaii and Nevada have joined other states in enacting so-called red-flag laws, which allow courts to take away firearms from people designated a danger to communities or themselves. And Illinois became to most recent state to legalize recreational use of marijuana.

In Michigan, drivers potentially could see lower auto insurance rates as a result of a reform that allows drivers more options on medical coverage, according to media reports. And Michigan residents working at the minimum wage this week will see a 20-cent hike in hourly pay, from $9:45 to $9.65.

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Michigan Department of Insurance and Financial Services

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