HB 4455 Summary

• Transfers administration of the assigned claims plan from the Secretary of State to the Michigan Automobile Insurance Placement Facility, with the facility board adopting and submitting the plan to the insurance commissioner for approval by August 1, 2012.

• Establishes self-insurance provisions allowing persons with more than 25 registered motor vehicles to qualify as self-insurers by obtaining a certificate from the commissioner, with cancellation possible upon failure to pay judgments within 30 days.

• Creates rebuttable presumptions regarding availability of coverage from authorized insurers for no-fault automobile insurance, physical damage coverage, homeowners insurance, and worker's compensation, while prohibiting placement with unauthorized insurers if coverage is available from authorized insurers.

• Requires the Michigan Automobile Insurance Placement Facility to make initial eligibility determinations for assigned claims and deny obviously ineligible claims, with annual reporting to the commissioner on the effectiveness of the assigned claims plan.

• Takes effect June 27, 2012 for most provisions; sections relating to self-insurers and unauthorized insurer placement take effect January 1, 2013; repeals MCL 257.531 effective January 1, 2013.