DEPARTMENT OF CONSUMER AND INDUSTRY SERVICES
INSURANCE BUREAU
PERSONAL PROTECTION INSURANCE
(By authority conferred on the commissioner of insurance by section 3107 of Act No. 218
of the Public Acts of 1956, as amended, being S500.3107 of the Michigan Compiled Laws)
R 500.811 Work loss benefit; annual adjustment.
Rule 1. Annually the commissioner shall adjust the maximum work loss benefit
prescribed in subdivision (b) of section 3107 of the insurance code by the ratio of the
national consumer price index as calculated by the United States department of labor for all
items for June of each year to the corresponding consumer price index 1 year earlier, rounded
to the nearest dollar. If the index is unavailable, the commissioner shall make a reasonable
approximation. The effective date of the adjustment is October 1 of each year. The
commissioner shall notify all interested parties of the adjustment.
History: 1979 AC.
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