Michigan Automobile Insurance Placement Facility (MAIPF) Producer Sign In Or Register

06/25/2017

 (Bulletins to All Member Companies)

AIPSO notifies member companies (the last week of the quarter for the prior quarter) that quarterly Participation Reports are available to view and download here.  Using the link below, companies can quickly calculate their estimated assessment shares. Please note that this is an estimate only -- AIPSO will calculate your actual shares at the end of the fiscal year (September 30) and will send you an invoice the last week in December.

MP Reports
Fiscal Year

Calculate Your Estimated Assessment Now!

2017 FTE 9.30.17 QE 6.30.17 QE 3.31.17 QE 12.31.16
2016 FTE 9.30.16 QE 6.30.16 QE 3.31.16 QE 12.31.15
2015 FTE 9.30.15 QE 6.30.15 QE 3.31.15 QE 12.31.14
2014 FTE 9.30.14 QE 6.30.14 QE 3.31.14 QE 12.31.13
2013 FTE 9.30.13 QE 6.30.13 QE 3.31.13 QE 12.31.12
2012 FTE 9.30.12 QE 6.30.12 QE 3.31.12 QE 12.31.11

2011

FTE 9.30.11   QE 6.30.11 
 QE 3.31.11   QE 12.31.10  

2010

FTE 9.30.10   QE 6.30.10 QE 3.31.10 QE 12.31.09

Who is a member company?

Member companies of the Michigan Automobile Insurance Placement Facility (Facility) are all companies licensed to write auto insurance in Michigan. Companies automatically become member companies once they begin to write auto insurance in Michigan.

Participation ratios used to assess member companies are based on the second prior calendar year's voluntary market share. For example, the Facility assessment for the fiscal year ending September 30, 2008, was determined on the basis of 2006 voluntary calendar year writings.

The annual assessment of the incurred Facility loss is based solely on the second previous year's writings to the year of assessment - regardless of the date of loss, policy year or cause of assessment. Corrections and adjustments to a given calendar year's base data, previously reported by the company to its statistical agent, will be accepted for a period of 1 ½ years from the close of the calendar year. For example, companies may submit corrections to calendar year 2006 base data until June 30, 2008.

Second prior year means the second calendar year prior to the year of the assessment. Participation ratio means the ratio of the participating member's Michigan premiums or exposure units to the comparable statewide totals for all participating members.

For more information: Statute - The Insurance Code, Chapter 33 | MAIPF of Operation (Section 11)

 

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        call (734) 464-1100.

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  MAIPF Manual

 



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