Latest Michigan Headlines
All the headlines from our Michigan Topic Page, ordered by recency.
Mich. No-Fault Insurers Have Right, Obligation to Review Medical Bills
Sep 9 2004 // A Michigan court of appeals was reportedly correct in its determination that no-fault insurers have the right to review medical bills, and to pay lesser amounts if they deem any procedures to be unreasonable or...
Mich. Privacy Rules Take Effect
Aug 26 2004 // Michigan Office of Financial and Insurance Services (OFIS) Commissioner Linda A. Watters announced that new rules designed to help protect the security and confidentiality of insurance companies’ customer information...
Losses Drive High Cost of Detroit Metro Auto Coverage, Insurance Lobby Says
Aug 9 2004 // Higher claims frequency and severity make it twice as expensive for insurers to offer full auto and homeowners coverage to residents in metropolitan Detroit than the state as a whole, according to a recent study conducted...
NAMIC Opposes Proposed Mich. Ban on Scoring
Aug 4 2004 // The Indianapolis-based National Association of Mutual Insurance Cos. (NAMIC) has submitted testimony to the Michigan Office of Financial and Insurance Services (OFIS) in opposition to a proposed rule that would ban the use...
The Guaranty Fund System: A Vital Safety Net
Jul 22 2004 // Suzanne Sahakian Property/casualty guaranty funds were created by state statutes beginning in the late 1960s to protect the public against financial losses to policyholders and claimants as a result of property and...
MI-Assistant: On the Brink
Jul 20 2004 // From the brink of the dustbin to the brink of a bright future, it’s been a bumpy ride recently for MI-Assistant, the Eleva, Wis.-based agency solutions provider. In the cutthroat world of competitive rating and...
CONSUMER GROUPS KNOCK MICH. INSURERS’ ‘DISHONESTY’ ON CREDIT SCORING:
Jul 19 2004 // Two consumer advocacy groups released a statement criticizing Michigan auto and homeowners insurers for “false statements” about insurance credit scoring and Gov. Jennifer Granholm’s proposed regulation...
Mich. DOI Report Details Auto Repair Rights
Jul 19 2004 // A new report released by the Michigan Office of Financial and Insurance Services aims to give consumers a better understanding of their rights with regard to auto repair under the state’s no-fault policy. The report,...
MI-Assistant: Midwest Solutions Provider is On the Brink
Jul 19 2004 // From the brink of the dustbin to the brink of a bright future, it’s been a bumpy ride recently for MI-Assistant, the Eleva, Wis.-based agency solutions provider. In the cutthroat world of comparative rating and...
People and Places
Jul 19 2004 // Wayne Cwik As part of its previously announced management restructuring, Neenah, Wis.-based Jewelers Mutual Insurance Co. promoted Wayne Cwik to vice president of actuarial services and JMI Insurance Services. Cwik will...
The Guaranty Fund System: A Vital Safety Net
Jul 19 2004 // Property/casualty guaranty funds were created by state statutes beginning in the late 1960s to protect the public against financial losses to policyholders and claimants as a result of property and casualty insurance...
Losses Drive High Cost of Detroit Metro Auto Coverage, Insurance Lobby Says
Jul 14 2004 // Higher claims frequency and severity make it twice as expensive for insurers to offer full auto and homeowners coverage to residents in metropolitan Detroit than the state as a whole, according to a recent study conducted...
Consumer Groups Knock Mich. Insurers’ ‘Dishonesty’ on Credit Scoring
Jul 5 2004 // Two consumer advocacy groups released a statement criticizing Michigan auto and homeowners insurers for “false statements” about insurance credit scoring and Gov. Jennifer Granholm’s proposed regulation...
PCI: Mich. Scoring Ban Out of Step With Other States
Jun 29 2004 // Michigan Gov. Jennifer Granholm’s proposal to ban the use of credit-based insurance scores for automobile and homeowners insurance is out of step with the 20 states that have adopted a variation of the model law...
RTW Appoints Dye as GM for Mich., Colo. Operations
Jun 28 2004 // Minneapolis-based workers’ compensation insurer and third-party administrator RTW Inc. has appointed Glen Dye as general manager for the company’s Michigan and Colorado operations. Dye previously served with...
MICH. AGENTS URGE ‘NO’ VOTE ON HELMET REPEAL:
Jun 21 2004 // The Michigan Association of Insurance Agents (MAIA) said that any attempt to weaken or repeal the state’s motorcycle helmet law will increase deaths and injuries for cyclists and raise insurance and medical costs....
Regional Focus
Jun 21 2004 // Former Speaker of the House Tip O’Neill once famously said, “All politics is local.” The same could be said for the insurance industry—insurance coverage is definitely local. In addition, there...
SECURA: Looking to Sustain Hard-Market Success
Jun 18 2004 // The CEO of Appleton, Wis.-based SECURA Insurance Cos., John Bykowski, took some time recently to talk with IJ during the Independent Insurance Agents of Wisconsin’s annual convention. SECURA has total assets of $406...
Michigan Hearings on Proposed Insurance Scoring Ban Scheduled for July
Jun 11 2004 // Four public hearings on a proposed administrative rule that would ban the use of insurance scoring in Michigan have been scheduled for July, according to the state’s top regulator. Linda A. Watters, commissioner of...
People and Places
Jun 7 2004 // David Walker David Walker of the Hartland Insurance Agency in Hartland, Mich., has been elected state national director for the Michigan Association of Insurance Agents (MAIA). As state national director, Walker will serve...
