Latest Michigan Headlines
All the headlines from our Michigan Topic Page, ordered by recency.
Sale of M-Care to Blue Cross Blue Shield of Michigan Approved
Dec 29 2006 // The Michigan Office of Financial and Insurance Services has approved the sale of M-Care, the insurance business of the University of Michigan Health System, to Blue Cross Blue Shield of Michigan. The deal, announced in...
Michigan Approves Sale of M-Care to Blues
Dec 26 2006 // The Michigan Office of Financial and Insurance Services last Friday approved the sale of M-Care, the insurance business of the University of Michigan Health System, to Blue Cross Blue Shield of Michigan. The deal,...
People and Places
Dec 25 2006 // Members of the National Association of Insurance Commissioners elected 2007 officers during the group’s winter meeting in San Antonio. Alabama Insurance Commissioner Walter Bell was named president, Kansas Insurance...
AAA holiday concerns: speeding triples odds of crashing
Dec 25 2006 // Lower fuel prices, mild weather spur more trips to holiday favorite spots. Anxious to arrive quickly at your destination this holiday season? Well, what about safely? Driving faster than surrounding traffic, driving while...
Contingent commissions, court rulings highlight 2006
Dec 25 2006 // In 2006, the Midwest experienced the impact of contingent commission settlements based on the actions of several attorneys general and a myriad of court rulings on insurers’ use of credit, liquor liability and...
News Currents
Dec 24 2006 // AAA holiday concerns: speeding triples odds of crashing Lower fuel prices, mild weather spur more trips to holiday favorite spots. Anxious to arrive quickly at your destination this holiday season? Well, what about safely?...
People
Dec 24 2006 // Members of the National Association of Insurance Commissioners elected 2007 officers during the group’s winter meeting in San Antonio. Alabama Insurance Commissioner Walter Bell was named president, Kansas Insurance...
Mich. 29th State to Join Interstate Compact after Legislature Approval
Dec 22 2006 // Michigan is soon to become the 29th Member of the Interstate Insurance Product Regulation Commission (Commission), created by the National Association of Insurance Commissioners (NAIC). The Michigan Legislature adopted the...
Mich. Fremont Insurance Upgraded to B++ by A.M. Best
Dec 20 2006 // Fremont Michigan InsuraCorp, Inc. announced today that the rating of its insurance subsidiary, Fremont Insurance Co., has been upgraded by rating agency A.M. Best to “B++” (very good). The Best’s...
Mich. Accident Fund Names Cooper Vice President of Claims Operations
Dec 19 2006 // Lansing, Mich.-based Accident Fund Insurance Company of America recently announced that Stephan Cooper has been named vice president of Claims Operations. In his new role, Cooper directs Accident Fund’s...
Mich. Special Legislative Session Includes Senior Discount Proposal
Dec 15 2006 // Lawmakers are expected to wrap up the 2005-06 session this week. Among the bills acted on and sent to Gov. Jennifer Granholm for her consideration this week: Bills that would allow an automobile insurer to offer a premium...
Mich. AAA: Speeding Triples Odds of Crashing
Dec 13 2006 // Anxious to arrive quickly at your destination this holiday season? Well, what about safely? Driving faster than surrounding traffic, driving while drowsy, not paying attention and aggressive driving are associated with...
Declarations
Dec 11 2006 // Contingent commissions “It is grossly unfair to impose contrived restrictions on the ability to compensate producers in a legal and honest manner … PIA believes that authorities should be prohibited from using...
Mich. General Motors Unveils New Crash Testing Center for Rollovers
Dec 6 2006 // General Motors Corp. unveiled a new $10 million crash test facility this week that will help the automaker study rollover crashes. The Detroit-based company also said that by 2012 it will make rollover-enabled air bags a...
Mich. North Pointe Adds New Vice President, Chief Actuary
Dec 6 2006 // North Pointe Holdings Corp. announced that Paul B. Deemer has been promoted to the newly-created position of vice president and chief actuary. Deemer will be responsible for planning and directing actuarial services for...
Mich. First Mercury Hires Senior Vice President, Professional Liability
Dec 5 2006 // Southfield, Mich.-based First Mercury Financial Corp.has announced the hiring of Thomas A. Greene, Jr. as a senior vice president of CoverX. In this newly created position, Greene will be responsible for overseeing and...
Mich. Insurance Institute Elects 2007 Officers
Dec 5 2006 // The Insurance Institute of Michigan (IIM) recently elected 2007 officers and Executive Committee members. The elections were held at the Association’s November 28 Annual Meeting held in Lansing. Elected to lead the...
Mich. Bill Would Give Discounts to Seniors Taking Drivers Ed Class
Dec 4 2006 // When Michigan retirees Willie and Lois Gales asked for a way to ease a $200 increase in their auto insurance rate, they ended up at a two-day safety class in Detroit designed for older drivers. They got tips to prepare for...
Mich. Flagstar to Appeal Ruling in Coverage Dispute with Chubb
Nov 22 2006 // Flagstar Bancorp, Inc. has announced that a federal judge dismissed its lawsuit against an insurance company in a coverage dispute. As a result, Flagstar will record a one-time charge in the fourth quarter of 2006 of...
Arrowhead Offers Personal Auto, Renters Program in Mich.
Nov 21 2006 // Arrowhead General Insurance Agency’s, Inc. Non-Standard Auto and Basic Renters program’s, both with “A” rated admitted carriers, is now available to Michigan producers, according to a company...
