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Auto insurance scrutinized at hearings
A state agency has set a public hearing about auto insurance affordability for 4-6 p.m. today at the Grand Rapids Community College’s Applied Technology Center.
Consumers and industry experts are invited to the hearing, which has been called by the Michigan Office of the Automobile and Home Insurance Consumer Advocate, part of the Department of Labor and Economic Growth. Topics for discussion are whether auto insurance rates in Michigan are affordable and whether the de-regulations of the insurance industry provided for adequate rate oversight.
The hearing is required by the executive order that created the advocate’s office. Other hearings are scheduled for Wednesday in Bay City, Saturday in Detroit and Nov. 24 in Marquette.