Latest Michigan Headlines
All the headlines from our Michigan Topic Page, ordered by recency.
Michigan Objects to Chrysler-Fiat Deal Over Workers’ Compensation
May 18 2009 // Michigan is objecting to the sale of Chrysler LLC assets to Italian automaker Fiat, claiming the new company won’t meet obligations to a state workers’ compensation fund. State Attorney General Mike Cox has...
Herson Joins J.M. Wilson in Portage, Mich.
May 11 2009 // Managing general agency J.M. Wilson has added Erin Herson as a property and casualty underwriter in its Portage, Mich., location. In this position, Herson will quote and service commercial P/C accounts. Previously, she was...
Michigan Supreme Court to Hear Ban on Insurers’ Use of Credit Scoring
May 11 2009 // The Michigan Supreme Court has agreed to hear a case involving a ban on the use of credit scoring by insurance companies. In 2005, the Office of Financial and Insurance Regulation’s (OFIR) promulgated rules banning...
Michigan Objects to Chrysler-Fiat Deal Over Workers’ Compensation Funds
May 7 2009 // Michigan is objecting to the sale of Chrysler LLC assets to Italian automaker Fiat, claiming the new company won’t meet obligations to a state workers’ compensation fund. State Attorney General Mike Cox filed...
Workplace Deaths Decline in Michigan
Apr 27 2009 // A new report says workplace accident deaths in Michigan have dropped significantly in the past two years. Michigan State University reported that 120 workers died on the job in Michigan in 2007, down from 157 in 2006. The...
Michigan’s InPro Insurance Hires Grosfield
Apr 20 2009 // Troy, Michigan-based InPro Insurance Group Inc., has hired Gregory V. Grosfield as a commercial insurance producer. Prior to joining InPro Insurance, Grosfield served as an account executive for Baker-Hopp & Yee in...
Judge Blocks Michigan’s Challenge to Insurers’ Use of Credit Scores
Apr 20 2009 // Barry County Circuit Judge James Fisher issued an injunction April 10 preventing Michigan insurance regulators from challenging insurers’ home and auto insurance rate filings that use credit scoring in determining...
It Figures
Apr 20 2009 // 480 Nationwide Mutual Insurance Co., based in Columbus, Ohio, on April 3, 2009, laid off 480 employees and contractors across the country, the latest round of job cuts from the insurance giant, a spokesman said. Nationwide...
Wisconsin-Based Vanguard Insurance Caught in Michigan Licensing Snafu
Apr 17 2009 // Michigan’s insurance regulator has ordered a Wisconsin-based managing general insurance agency, Vanguard Insurance Placement Inc., to immediately stop doing business in Michigan. According to the Michigan Office of...
Insurer Holds Naming Contest for Steer with Michigan Patterned Hide
Apr 17 2009 // An insurance company in Michigan is holding a contest to name a steer it saved from someone’s dinner table because of its unique hide. The pattern on one of its sides resembles Michigan’s Lower...
J.M. Wilson in Michigan Promotes Kiser to Personal Lines Manager
Apr 16 2009 // Portage, Michigan-based managing general insurance agency J.M. Wilson has promoted Stacey Kiser to manager of Personal Lines and assistant manager of Property/Casualty. She will oversee the day-to-day activities of the...
Judge Blocks Michigan’s Challenge to Insurance Rates with Credit Scores
Apr 10 2009 // Barry County Circuit Judge James Fisher issued an injunction on Friday, April 10, preventing Michigan insurance regulators from challenging insurance companies’ home and auto insurance rate filings that use credit...
Michigan Challenging New Home Insurance Filings Based on Credit
Apr 9 2009 // The Michigan Office of Financial and Insurance Regulation (OFIR) announced April 7 that all new rate filings by homeowners insurance companies that rely on insurance credit scoring as a factor in determining their...
Michigan Auto Insurance Fee for Serious Injuries to Rise
Apr 1 2009 // Michigan motorists will pay $20.31 more this year to a fund helping support seriously injured accident victims. The Michigan Catastrophic Claims Association this week raised the annual assessment to $124.89 per...
Michigan Bank VP Claims He Was Fired For Questioning CEO’s Bonus
Mar 27 2009 // A banker has sued Citizens Republic Bancorp in Michigan, saying he was fired for questioning a $7.5 million bonus for the company’s chief executive on the eve of a federal bailout payment. John D. Schwab filed a...
Business Moves
Mar 23 2009 // Auto Club Insurance, MEEMIC Auto Club Insurance Association, a Dearborn, Michigan-based insurer, reported it has agreed to acquire MEEMIC Insurance Co. and its insurance agency affiliate, MEEMIC Insurance Services...
Michigan’s Auto Insurance Rate Denials Reignite Credit Scoring Fight
Mar 23 2009 // Michigan’s regulator has reignited a debate over credit scoring by denying auto insurance companies requested rate increases because their proposed rate schemes include discounts for good credit scores. Commissioner...
Michigan Retirement Plan Is Lead Plaintiff in Securities Suit Against AIG
Mar 23 2009 // Michigan Treasurer Robert Kleine and Attorney General Mike Cox say Michigan has been named lead plaintiff in a class action lawsuit against American International Group Inc. (AIG). The State of Michigan Retirement Systems...
Snowmobile Deaths in Michigan Decline
Mar 20 2009 // Deaths from snowmobile crashes decreased slightly in Michigan this winter, despite the heavy snowfall. The Michigan Association of Insurance Agents says 20 people died from injuries in snowmobiling accidents, down from 22...
Fired Michigan Salesman Sues, Claiming Weight, Age Bias
Mar 20 2009 // A 61-year-old Bloomfield Hills, Michigan man has sued his former employer, claiming he was fired from a $75,000-a-year salesman’s job because of his waistline. But the employer says Patrick J. Ronayne was let go...
