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Dear Friends, I hope you and your families are warm, safe, and healthy. Although we’re feeling the brunt of Michigan’s famous winters — let us take heart in knowing spring is just around the corner! Please continue to take the proper precautions to protect yourself against COVID-19, including following all current CDC guidelines, masking up, and getting vaccinated (and boosted, if eligible). Included in this newsletter:
Please do not hesitate to call my office at (517) 373-0990 or reply to this email if you have any questions or need assistance. Working for you, |
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The Michigan Department of Treasury has millions of dollars in lost or forgotten assets that includes dormant bank accounts, uncashed checks, valuables left in safe deposit boxes, and stock certificates. These properties were all turned over to the state once they were determined to be abandoned as required by law. Treasury is the custodian of these assets and reunites them with their owners — or the owners’ heirs — when they are rightfully claimed. To find out if you have cash or property, check multiple states at UCPday.com or go directly to the Michigan Unclaimed Property website, which provides enhanced search options and the ability to upload verifying documentation easily and securely. Individuals are encouraged to search their name, a maiden name, or the name of a business or nonprofit. The search is free. Claimants may also call 517-636-5320 between 9 a.m. and 2 p.m., Monday through Friday. Businesses, corporations, nonprofits, public entities and other organizations holding unclaimed or abandoned property, can find instructions on how to prepare and easily submit their report and remittance online on the Michigan Unclaimed Property website as well. Nearly 33 million people in the U.S. – 1 in every 10 – has what the industry calls unclaimed property: financial accounts or items of value where the owner has not initiated any activity for several years. Common examples include unpaid life insurance benefits, forgotten bank accounts, and unused rebate cards. For more information about other services provided by the state Treasury Department, go to Michigan.gov/Treasury or follow @MITreasury on Twitter.
AUTO INSURANCE REFUND CHECKS COMING SOON Gov. Gretchen Whitmer and the Michigan Department of Insurance and Financial Services (DIFS) are reminding consumers to be on the lookout for refund checks from the Michigan Catastrophic Claims Association (MCCA) fund surplus that will be sent out by auto insurers later this spring. In December, the MCCA announced it will refund Michigan policyholders $400 per vehicle, or $80 per historic vehicle, for each vehicle that was insured under a policy that meets the minimum insurance requirements for operating a vehicle on Michigan roads as of 11:59 p.m. on Oct. 31, 2021. The funds will be turned over by the MCCA to the insurance companies by March 9, 2022. DIFS has directed insurers to issue refund checks or ACH deposits to consumers as expeditiously as possible, but in no event later than 60 days after the transfer of funds, which is May 9, 2022. Consumers who have questions or concerns that cannot be resolved directly with their insurer should contact DIFS by calling Monday through Friday 8 a.m. to 5 p.m. at 833-ASK-DIFS (833-275-3437) or by emailing autoinsurance@michigan.gov. DIFS has also launched a consumer FAQ page at Michigan.gov/MCCArefund. The webpage contains important information and answers common questions about the refund timeline and eligibility requirements.
WATCH MICHIGAN SENATE TV AND STAY INFORMED Michigan Senate TV is available online for anyone interested in watching the proceedings of the Michigan State Senate during session, as well as committee meetings. The broadcast system recently underwent some upgrades to improve the system’s stability and to make viewing even easier. |
