Latest Michigan Headlines
All the headlines from our Michigan Topic Page, ordered by recency.
Mich. Becomes 29th State to Join Interstate Compact
Jan 22 2007 // Michigan Governor Jennifer M. Granholm has signed legislation permiting Michigan to join the Interstate Insurance Product Regulation Compact Commission, making Michigan the 29th state to join the Commission. Created...
Former Mich. Legislator Joins Agent Association as Vice President
Jan 17 2007 // Former State Representative Scott Hummel of DeWitt, Mich. has been named vice president of Governmental Affairs for the Michigan Association of Insurance Agents. Hummel was first elected to the 93rd District of the House...
Mich. Governor Signs Law that Allows Discount for Senior Drivers
Jan 11 2007 // Gov. Jennifer Granholm has signed legislation that would allow, but not require, insurers to give discounts to Michigan drivers age 50 and older who take a safety course. The senior driver legislation is House Bill 5661,...
Credit scoring an issue in 2007
Jan 8 2007 // Even though 2006 is safely behind us, some sticky issues are on the horizon as we edge our way into 2007. Case in point is the pending Supreme Court cases of Safeco v. Burr and GEICO v. Edo. The cases are about...
Editor’s Note: Credit scoring an issue in 2007
Jan 7 2007 // Even though 2006 is safely behind us, some sticky issues are on the horizon as we edge our way into 2007. Case in point is the pending Supreme Court cases of Safeco v. Burr and GEICO v. Edo. The cases are about...
Mich. First Mercury Expands West Coast Presence
Dec 29 2006 // Southfield, Mich.-based First Mercury Financial Corp. recently announced the opening of an underwriting office in Irvine, Calif. and the hiring of LaTrina Green as vice president. Green is responsible for managing this...
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...
