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AAA Michigan Announces Refund Policy

17 April 1998

AAA Michigan Announces Refund Policy

    DEARBORN, Mich., April 16 -- AAA Michigan today welcomed this
week's ruling by the Michigan Insurance Bureau relating to premium refunds
from the Michigan Catastrophic Claims Association (MCCA).
    According to Corporate Relations Vice President Larry Givens, "AAA intends
to issue checks to its 1.25 million auto policyholders within 30 days of
receipt of funds from the MCCA.  We expect to receive these funds on or before
June 30, 1998 and have all checks mailed to policy holders by the end of
July."
    In line with the Insurance Bureau's recent bulletin, checks will be issued
to policyholders of record, March 18, 1998, the date of the premium refund
decision by the MCCA.
    Givens added, "D'Annunzio's bulletin makes it clear that policy holders
with vehicles insured on March 18, 1998 are entitled to the MCCA refund.  It
also provides that the MCCA refund be given to policy holders directly and
promptly in the amount of $180 per vehicle.  Refunds by check are consistent
with the spirit and intent of the bulletin, credits are not."

SOURCE  AAA Michigan