Christine Ferretti The Detroit News Published 5:39 p.m. UTC Aug 23, 2018 Detroit — Mayor Mike Duggan and a group of Metro Detroit residents have filed a federal lawsuit over Michigan's no-fault auto insurance law, asking the court to give the state six months to come up with a fix for the act they contend is "unconstitutional." The lawsuit, filed Thursday on behalf of Duggan and eight residents in Metro Detroit who have faced financial hardships over auto insurance premiums, alleges that the state's mandatory no-fault auto insurance system “violates the constitutional rights of Michigan’s citizens." “The No-Fault Act has failed Michigan residents at every turn,” the suit contends, noting the plaintiffs are seeking a declaration that the law is unconstitutional. “The State should be given 6 months to repair the automobile insurance scheme. If that deadline is not met, the No-Fault Act should be deemed null and void … [Read more...] about Duggan, Metro drivers sue over no-fault insurance law
Student car insurance
opinion By Virgie Rollins Published 3:15 p.m. UTC Jun 19, 2018 Nearly two in three Michigan college graduates face student loan debt. The average graduate owes $31,000. With hefty monthly payments hanging over their heads and virtually no savings in their bank accounts, many grads struggle to pay for expenses like car insurance or security deposits. Juggling these bills would be tough for anyone -- but it's even tougher because many new graduates lack credit histories. That makes it nearly impossible to get a short-term bank loan. Fortunately, Michigan's representatives in Congress have a chance to help these young Michiganians secure the low-interest loans they need to start their professional lives off strong. The legislation would allow community banks to partner with financial technology firms to offer affordable loans to folks with poor or no credit histories. By joining this effort, lawmakers could give working Michiganians the … [Read more...] about Opinion: Struggling with student loans? Think ‘fintech’
Claire Tsosie NerdWallet Published 9:48 p.m. UTC Jun 3, 2018 Remember that one time you spent four years living with roommates, studying around the clock and eating microwaved ramen? While pinching pennies as a 20- or 30-something, maybe it hit you: You could save a lot by returning to that frugal student lifestyle. When you look at old bank statements from those school years, you might marvel at how little was spent on, well, everything. But you don’t have to return to dorm life to save money. Just tackling your financial goals with a scrappy college student mindset may be enough. Splurge selectively While attending Rice University, Kay Rodriguez, now 25, lived frugally so she could spend on what mattered to her: travel. “Travel is sort of my big splurge whenever I make one,” says Rodriguez, of Washington, D.C., who founded the travel blog Jetfarer. In college, she set up a high-yield savings account specifically for saving for travel . She also spent … [Read more...] about Nerd Wallet: Save money – think like a college student
DRIVERS are being warned about "too good to be true" car insurance scams on Facebook and Instagram. Thousands of Brits are have been victims of "ghost broking" leaving them illegally driving around without cover. And a fresh alert has been issued by cops after a recent case in Derbyshire. A woman was tricked into paying £120 to a man on Facebook who claimed he could organise cheap insurance. The 37-year-old only discovered the fraud after police pulled her over and seized the car. Reports of cases have soared in the last three years with unsuspecting motorists getting points on their licence, an unlimited fine, their vehicle taken off them and a hefty claim bill. How to avoid being caught out by 'ghost broking' Trust your instincts – if an offer looks too good to be true, then it probably is. Ghost brokers often advertise on student websites or money-saving forums, university notice boards and marketplace websites. They may also try to sell insurance policies in pubs, clubs … [Read more...] about Social media car insurance ‘ghost broking’ scam warning that could mean you’re driving illegally
I’ve never met filmmaker Spike Lee, and somehow I doubt the two of us would be friends if we did meet. Yet I’ve admired his work since seeing “She’s Gotta Have It” almost 30 years ago. More specifically, I’ve always admired the way Lee holds all of his characters to account for their actions, regardless of their color. In a business that treated African-Americans as alternately evil or magical, Lee gave them the freedom to be real people: flawed, damaged, inspirational.His fifth film, Jungle Fever, has been politely ignored for the last couple of decades, largely because it asks questions that are no longer permissible to ask in our single-opinion modern media culture. At the time, however, it was intended to be a bold statement both of Lee’s status as a greenlight director and his willingness to use that status to put the audience in some deliberately uncomfortable situations. Part of that statement included having Stevie Wonder write an … [Read more...] about Ask Jack: To Insure or Not to Insure?