From Market Watch:
LANSING, Mich., Jun 20, 2012 (BUSINESS WIRE) — The Brain Injury Association of Michigan (BIAMI) today filed a lawsuit against the Michigan Catastrophic Claims Association (MCCA) to obtain vital financial information, specific claimant records and actuarial standards under the principles of Michigan’s common law on behalf of all auto-insured citizens and all catastrophically-injured survivors across the state. The information is critical in revealing to Michigan citizens and Lansing lawmakers the rationale behind the insurance industry’s claims that Michigan’s current auto no-fault system is financially unsustainable and that the MCCA will soon go bankrupt without capping benefits and enforcing strict cost controls.
To date, the MCCA has continued to assert its claim of exemption from all attempts to secure this essential information — including the recently-filed FOIA lawsuit by the Coalition to Protect Auto No-Fault (CPAN) — effectively blocking the ability of all concerned parties to assess the no-fault system, address its shortfalls, and collaborate on appropriate solutions to fix the system without sacrificing no-fault’s core principle of immediate access to appropriate, unlimited care for catastrophically-injured victims.