Michigan Governor Jennifer Granholm has called for a 12-month auto insurance rate freeze, based on information contained in a new report that cites high rates in the state despite fewer accidents.
Insurance associations criticized the rate freeze proposal and charged that the report, prepared by Michigan Insurance Consumer Advocate Butch Hollowell, is incomplete and misleading.
Tuesday in her State of the State Address, Gov. Granholm said, "I call upon every auto insurance company to freeze rate increases for 12 months while the legislature works to enact comprehensive insurance reform."
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
