MI| The Michigan Department of Insurance and Financial Services, through Bulletin 2025-10-INS issued by Director Anita G. Fox, announces the annual adjustment of the maximum unearned premium refund that can be claimed under the Michigan Property and Casualty Guaranty Association Act. Effective for the period July 1, 2025, through June 30, 2026, the maximum refund is set at $1,998, reflecting an increase based on the national Consumer Price Index as required by law. This adjustment supersedes the previous year’s maximum of $1,951 and continues the annual practice of aligning the covered claim limit with changes in the cost of living.
