financial responsibilityMCCA’s Commitment to Transparency & Oversight
Our Transparency Committment
Transparency is essential to the MCCA's operations. We regularly share our financial status, aggregate claims data and assessment rates to hold ourselves accountable to policymakers, insurers and the public.
All financial statements, actuarial reports and regulatory filings are available to the public. This open approach reflects our commitment to operating as a trusted steward of the catastrophic claims system.
State of Michigan Regulatory Oversight
The Michigan Department of Insurance and Financial Services (DIFS) provides ongoing regulatory supervision of the MCCA's financial condition and compliance with state law.
DIFS conducts comprehensive financial examinations every few years. They review our reserves, investments, business practices and internal controls. These examinations ensure we meet statutory requirements and maintain adequate funding for future claims.
This independent state oversight is crucial for both severely injured individuals who rely on MCCA funding and Michigan policyholders who pay the assessments that support the catastrophic claims system.
Access Public Reports
Download the MCCA's annual reports, financial statements, actuarial reviews and regulatory filings. These documents provide detailed information about our operations, financial position and oversight activities.