Michigan Department of Insurance and Financial Services News

Michigan Governor Signs Insurance Company Group Capital Calculation Bill Package

Michigan Gov. Gretchen Whitmer signed a bipartisan bill package into law last month to update Michigan’s holding company statute to ensure compliance with national accreditation standards. The package will provide the Michigan Department of Insurance and Financial Services with regulatory …

Michigan Department of Insurance and Financial Services Issues Cease and Desist Order Against Company

The Michigan Department of Insurance and Financial Services issued a cease and desist order against Salvasen Health for allegedly acting in violation of the Michigan Insurance Code. Salvasen Health is accused of selling health insurance policies to more than 2,000 …

Michigan Resident Sentenced in Insurance Fraud Prosecution

The Michigan Department of Insurance and Financial Services announced that a Plainwell resident was sentenced to 12 months of probation and ordered to comply with future court-ordered restitution for submitting roughly $47,000 in fraudulent insurance claims. A restitution hearing is …

Window for Michigan Uninsured Drivers to Get Penalty-Free Insurance Ends Dec. 31

The Michigan Department of Insurance and Financial Services is reminding uninsured drivers that they have until midnight on Dec. 31, 2021 to get penalty-free auto insurance. The amnesty period ensures that fees will not be charged if a driver who …

Auto Insurance Virtual Town Halls Offered to Michigan Drivers

The Michigan Department of Insurance and Financial Services (DIFS) will offer free town hall events for consumers about auto insurance. The town halls will take play Dec. 14 at 6 p.m. and Dec. 15 at 12 p.m. via Zoom. The …

14 Charged in Michigan in $3M Insurance Fraud Scheme

Fourteen people have been charged in conjunction with an insurance fraud and theft scheme uncovered by a joint investigation by the Michigan Department of Insurance and Financial Services (DIFS) and the Ogemaw County Sheriff’s Office. The Michigan DIFS said the …

Former Michigan Agent Pleads Guilty in Auto Insurance Fraud Case

A former Flint, Michigan, insurance agent has pleaded guilty to selling or offering customers fake auto insurance certificates, state regulators said. Attorney General Dana Nessel said Dillen Leonard, 25, pleaded guilty to multiple felony counts of insurance fraud. They include …

Michigan Orders Auto Insurers to Issue COVID-19 Refunds or Waivers

Auto insurers in Michigan have been ordered to issue refunds or premium waivers to policyholders due to reduced driving and resulting decrease in risk to insurers brought on by the stay at home orders related to the COVID-19 pandemic. In …

Whitmer Taps Fox to Lead Michigan Insurance, Financial Services Department

Michigan Governor-Elect Gretchen Whitmer has selected Anita Fox to head the Michigan Department of Insurance and Financial Services. Fox brings more than 30 years of experience in the legal field to the role, having specialized in litigating a wide range …

2 Charged With Selling Fake Insurance in Michigan

Two people in Michigan face felony charges filed by the state’s attorney general for allegedly selling fraudulent insurance to customers. The charges are the result a joint investigation by the Child, Elder, and Family Financial Crimes Division at the Michigan …