Compliance Alerts

    Michigan Makes Annual Adjustment of an Insured's Maximum Unearned Premium Refund

    May 15, 2026 / by AAIS

    On April 23, 2026, the Michigan Department of Insurance and Financial Services issued Bulletin 2026-13-INS to announce the annually adjusted maximum refund of unearned premiums that constitutes a covered claim of the Property and Casualty Guaranty Association.

     

    As required, the Director has performed the review and adjusted the maximum unearned premium refund for the period from July 1, 2026, through June 30, 2027, to $2,063.

     

    Please see Bulletin 2026-13-INS for more information. For any questions regarding the bulletin, please contact:

    Department of Insurance and Financial Services
    Office of General Counsel
    530 West Allegan Street, 7th Floor
    Lansing, Michigan 48933
    Toll Free: (877) 999-6442

    Tags: Compliance, Michigan

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