MI| The Michigan Department of Insurance and Financial Services issued Bulletin 2026-13-INS announcing the annual cost-of-living adjustment to the maximum unearned premium refund that qualifies as a covered claim under the Property and Casualty Guaranty Association Act, effective for insolvencies during the period July 1, 2026, through June 30, 2027, and setting that maximum at $2,063 based on the national CPI methodology in Rule 500.351; the bulletin, which supersedes 2025-10-INS, also lists prior years’ maximums ($1,998 for July 1, 2025–June 30, 2026, $1,951 for July 1, 2024–June 30, 2025, $1,886 for July 1, 2023–June 30, 2024, and $1,780 for July 1, 2022–June 30, 2023) and directs questions to DIFS’s Office of General Counsel.
New Bulletin 2026-13-INS: Updated Michigan P&C Guaranty Association Unearned Premium Limit Announced
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