Insurance Industry Criticized Michigan Law that Permits Recovery from Personal Injuries

Scott Smith
Scott Smith
Contributor
Posted by Scott SmithMarch 27, 2007 12:32 PM

The Michigan Chamber of Commerce and Insurance Institute of Michigan criticized Michigan lawmakers for passing a law that allowed victims of personal injury to recover for non-economic damages.

Wendy Block, Director of Health Policy and Human Resources for the Michigan Chamber of Commerce and Peter Kuhnmuench, Executive Director of the Insurance Institute of Michigan claimed Michigan insurers cannot afford paying damages when their insurers cause automobile collisions and personal injuries.

The insurance industry and Chamber of Commerce were happy with the law that provided strict limits on the rights to sue at fault parties for non-economic damages which severally limited pain and suffering awards, thus denying injured persons compensation for their losses.

The Chamber of Commerce and the Insurance Institute harshly criticized the Michigan legislature inferring that the profits previously realized from the sale of property and casualty insurance would be reduced by the laws passage.


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