Calls Heard to Cut Driver Insurance Fund Balance The Michigan Catastrophic Claims Fund, created in 1979 to spread the costs of devastating accidents among motorists, has a balance of almost $10 billion and has paid out $4.9 billion over the last 27 years. Michigan motorists pay $137/year into the fund through car insurance bills and calls are rising to provide more oversight to the board that manages the money and to refund some of the money. Read Should drivers get insurance fee refund? in the Detroit News Posted/updated Jul 18, 2006 by Andrew McFarlane (Absolute Michigan) click to Send This Story to a Friend! Main Michigan News Page Go Back One Page

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