MarketNews Archives - Insurance Journal

APCIA Tells Michigan Senate to Oppose Bill Mandating Auto Rate Reductions

Jun 19th, 2026 • 5 minView Source

A Michigan Senate Committee this week advanced a bill that would mandate auto insurance premium reductions of at least 10% without reduced benefits, Sen. Jeff Irwin (D-Ann Arbor) authored SB 328, which he says will lower car insurance premiums for …

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.

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