The Michigan Department of Treasury announced a money judgment interest rate for the second half of 2024, effective July 1. Pursuant to Subsection 6 of Section 6013, and Subsection 2 of Section 6455 of Public Act No. 236 of 1961, as amended, (M.C.L. Sections 600.6013 and 600.6455), the...
Calculating A Claim Under Michigan’s auto No-Fault insurance law, your lost wages claim from a car accident will be 85% of the monthly income you would’ve earned if your injuries hadn’t disabled you from working. However, your payment is subject to a monthly maximum. The 15% reductio...