Wage Loss

/Wage Loss

Wage Loss and Survivors’ Benefits Maximum Increases for Michigan No-Fault Cases

Michigan No-Fault Maximum Benefit Increases On October 1, 2018, the Department of Insurance and Financial Services (DIFS) issued Bulletin 2018-19-INS, which changed the monthly maximum Michigan auto insurance carriers must pay for both wage loss and survivors’ loss benefit claims. For Michigan motor vehicle accidents that occur between October 1, 2018 to September 30, 2019, [...]

Michigan Raises the Maximum Wage Loss Benefit – Effective October 1, 2017

Maximum Wage Loss Benefit Has Been Raised The monthly cap on wage loss benefits increased at the beginning of this month. This rule effects Michigan no-fault PIP cases and individuals entitled to wage loss benefits. As required under Michigan law, specifically Administrative Rule 500.811, the statutory adjustment was applied and the new maximum wage loss [...]

Maximum Wage Loss Chart for Michigan No-Fault Law

Michigan No-Fault Law – Maximum Wage Loss MCL 500.3107(1)(b) provides that where an injured victim cannot work as a result of an auto accident, work loss benefits are payable for up to a maximum of three years. The statute defines work loss benefits as compensation for “loss of income from work an injured person would [...]

By |2018-10-03T13:33:51+00:00July 31st, 2017|Wage Loss|0 Comments

Michigan Car Accident Lawyers – Wage Loss Benefits and Filing Taxes

Do I have to file taxes to receive wage loss benefits under the Michigan No-Fault Law? One of the pillars of the Michigan no-fault law is the wage loss benefit. Under the law, a person injured in a car or truck accident, or a motorcycle accident that involves a car or truck, is eligible to [...]

Michigan No-Fault Wage Loss Maximum Amount Increased

The Michigan Department of Insurance and Financial Services increased the maximum amount of Michigan wage loss benefits payable under the Michigan no-fault law. Beginning October 1, 2015, the monthly maximum a car insurance company is obligated to pay per 30-day period is $5,398. This amount is for Michigan auto accidents that occur between October 1, 2015 [...]

By |2016-02-19T18:01:16+00:00October 22nd, 2015|Auto Accidents, Insurance, Michigan Auto No-Fault Law, Wage Loss|Comments Off on Michigan No-Fault Wage Loss Maximum Amount Increased