Latest Michigan Headlines
All the headlines from our Michigan Topic Page, ordered by recency.
Michigan Lawmakers Seek to Change Drug Maker Liability Law
Mar 20 2009 // Michigan House Democrats again are trying to change Michigan’s law shielding prescription drug makers from legal liability if their product was approved by the Food and Drug Administration. A House committee approved...
Reisling Joins Motorists Mutual Commercial Lines in Ohio, Michigan
Mar 19 2009 // Kelly Reisling is joining Motorists Mutual Insurance Co. as assistant vice president, Commercial Lines Division, responsible for the Ohio and Michigan territories. Reisling brings 20 years of experience to the position....
Michigan Uncovers Agency’s Fake Auto Insurance Certificate Scheme
Mar 18 2009 // Michigan officials have warned consumers that they may have unknowingly purchased fraudulent automobile insurance certificates from a Detroit-based insurance agency named Fender Bender Insurance Agency. The Office of...
Michigan Denies Auto Insurance Rate Hikes Because of Credit Scoring
Mar 11 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...
Japanese Officials Hear About Auto Insurance From Michigan Chief
Mar 10 2009 // Last week, Michigan Insurance Commissioner Ken Ross met with Japanese officials to discuss how the agency regulates automobile insurance in Michigan. The Michigan officials met with Kunio Nakajima, director of Government...
Business Moves
Mar 9 2009 // Marsh Marsh & McLennan Companies Inc., the No. 2 global insurance broker, said the 2008 restructuring at Marsh Inc., its flagship insurance brokerage unit, was on track to generate annual savings of $200 million, and...
Illinois, Michigan Among States Showing Declines in Auto Deaths
Mar 9 2009 // Automobile fatalities declined in 40 states in 2008, a sign that traffic deaths could dip to their lowest levels in four decades. The Governors Highway Safety Association said that vehicle deaths dropped in 40 states and...
Business Moves
Mar 9 2009 // Marsh Marsh & McLennan Companies Inc., the No. 2 global insurance broker, said the 2008 restructuring at Marsh Inc., its flagship insurance brokerage unit, was on track to generate annual savings of $200 million, and...
Wholesale Insurance Broker USG Promotes Jones in Michigan Office
Mar 6 2009 // USG Insurance Services, Inc, a national wholesale broker of commercial insurance headquartered in Tampa, Fla., has promoted Andy Jones to senior underwriter at its Michigan branch. Jones was a manager for four years with...
A.M. Best: Positive Impact on MEEMIC of Sale to Michigan Auto Club
Mar 6 2009 // A.M. Best Co. has placed the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of “a-” of MEEMIC Insurance Co. in Michigan under review with positive implications. These rating...
Auto Club Insurance to Buy GMAC Affiliate MEEMIC in Michigan
Mar 5 2009 // 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 Corp. ACIA is the second largest...
12 Michigan Auto Insurers Pledge Rate Freeze
Mar 4 2009 // Michigan Gov. Jennifer Granholm’s call for auto insurance companies to freeze their rates has won over 12 companies thus far, although most of the state’s largest insurer have not consented to the freeze. In a...
A.M. Best Downgrades Michigan’s Wolverine Mutual Insurance
Feb 27 2009 // A.M. Best Co. has downgraded the issuer credit rating (ICR) to “bbb” from “bbb+” and affirmed the financial strength rating (FSR) of B++ (Good) of Wolverine Mutual Insurance Co. of Dowagiac,...
A Few Small Market Insurers Agree to Michigan Auto Rate Freeze
Feb 24 2009 // Michigan Gov. Jennifer Granholm’s call for auto insurance companies to freeze their rates has won over eight companies thus far, although they are insurers with small share of the market in the state. In a Feb. 3...
Michigan’s Citizens Insurance Awards 11 Students Scholarships
Feb 23 2009 // Citizens Insurance Co. of America, through its parent company’s foundation, The Hanover Insurance Group Foundation, Inc., has awarded 11 scholarships to public high school students and children of employees in its...
Michigan Blue Cross Wins Workers’ Compensation Battle
Feb 22 2009 // Michigan Attorney General Mike Cox said he is not giving up in his battle and will appeal a judge’s ruling in support of Blue Cross Blue Shield of Michigan’s ownership of workers’ compensation insurance...
Declarations
Feb 22 2009 // Drunken System “It is surprising to the authors that these tragedies do not occur more frequently than they do in Kansas. As we studied this issue, we found many things that need attention, and many parts of the...
Industry Blasts Granholm’s Rate Freeze, Advocate’s Report
Feb 22 2009 // Insurance trade groups have come out swinging against Michigan Gov. Jennifer Granholm’s call for auto insurers to freeze rates until lawmakers can enact some of the reforms in a report by the state’s insurance...
Priceless
Feb 22 2009 // In a bold and gutsy move in the face of an economy in downward spiral and unemployment levels approaching record highs, Michigan Governor Jennifer Granholm has called for a freeze on price increases by all hospitals,...
Michigan Man’s Alleged Insurance Arson Leads to Murder Charge
Feb 13 2009 // A Detroit man faces first-degree murder and arson charges in the 2004 deaths of two men he had hired to burn down a building he owned in south central Michigan. Attorney General Mike Cox says 57-year-old Musaid Ahmed Saeed...
