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Mich. ballot drive would drop insurance rates 20%
Posted: 11.10.2009 at 3:40 AM
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(AP) -- LANSING, Mich. (AP) - Michigan voters could get to decide next year if their home and automobile insurance premiums should drop 20 percent. A proposal for the November 2010 statewide ballot took a small step forward Monday. The petition form submitted by a group called Fair Affordable Insurance Rates was approved by the Board of State Canvassers. The group still must collect more than 300,000 valid voter signatures to get on the ballot.

A staffer for Democratic state Sen. Hansen Clarke of Detroit submitted the petition form. Democratic Gov. Jennifer Granholm has called for legislation to roll back insurance rates by 20 percent. Republicans oppose the legislation.

(Copyright ©2009 by The Associated Press. All Rights Reserved.)

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