Latest Michigan Headlines
All the headlines from our Michigan Topic Page, ordered by recency.
Hartford Names Deputy General Counsel
Sep 19 2003 // The Hartford Financial Services Group announced the appointment of Alan J. Kreczko as senior vice president and deputy general counsel. In this new position, Kreczko will supervise the company’s property &...
Mich. Auto Rates Up 7% This Year
Sep 15 2003 // Auto insurance rates in Michigan have increased an average of 7 percent so far in 2003, according to the Insurance Institute of Michigan (IIM). Nationally, auto insurance costs are expected to rise 8.5 percent this...
Associated Food Dealers of Mich. Say Companies Are Balking at Blackout Claims
Sep 15 2003 // Michael Sarafa, president of the Associated Food Dealers of Michigan, is reportedly calling on Michigan’s Office of Financial and Insurance Services (OFIS) and the State Legislature to look into practices of...
Mich. Cracks Down on Uninsured Motorists
Aug 13 2003 // In an effort to decrease the number of uninsured drivers from the more than 1.1 million motorists without insurance, Gov. Jennifer Granholm will work with Michigan’s Secretary of State to upgrade the state’s...
Mich. DOI Makes Online Licensing Easier
Jul 16 2003 // The Michigan Office of Financial and Insurance Services (OFIS), which regulates insurance, launched a consolidated ‘Licensing’ section on its web site for its insurance, securities and consumer finance...
6,500 Consumers Complained to Mich. DOI in 2002
Jul 8 2003 // The Michigan Office of Financial and Insurance Services today released complaint ratios for insurance companies in Michigan—the information is available here. Individual company information is also available by calling...
Mich. Commish Releases Auto Insurance Buyers’ Guide
Jun 13 2003 // Michigan Office of Financial and Insurance Services (OFIS) Commissioner Linda A. Watters today issued the 2003 Buyers’ Guide to Auto Insurance in Michigan. The guide, which is an annual survey of automobile insurance...
13 High-Accident Detroit Intersections Targeted for Improvements
Jun 10 2003 // AAA Michigan, the City of Detroit, Wayne County and Michigan Department of Transportation will share the costs of a joint road improvement project that is designed to bring badly needed safety enhancements to two of...
Markel Teams Up with Water Warriors for Charity
May 30 2003 // Markel American Insurance Company (rated “A X” by A.M. Best) is teaming up with Water Warriors to support Special Olympics. Water Warriors is an organization that operates as a branch of Special Olympics...
Mich. Limits Insurer Exposure Under Standard Fire Policy
May 30 2003 // Michigan Gov. Jennifer Granholm (D) has signed into law a bill limiting insurer exposure under the Standard Fire Policy Act. The state follows similar action earlier this year by Virginia, Minnesota and Nebraska, according...
Mich. Legislature Sends Standard Fire Policy Bill to Gov
May 27 2003 // The Michigan Legislature has passed a bill limiting insurer exposure under the Standard Fire Policy Act and sent it to the governor, whose signature is urged, according to the Alliance of American Insurers. Under the bill,...
Accident Fund Names Steve Hess General Counsel
May 20 2003 // Lansing, Mich.-based Accident Fund Insurance Co. of America announced the appointment of Steven C. Hess as executive vice president and general counsel of the company. After 15 years as general counsel of Blue Cross Blue...
New Mich. Commish Appointed
Apr 16 2003 // Michigan Gov. Jennifer M. Granholm, a Democrat, has appointed Linda Watters, president and CEO of Detroit Commerce Bank, as the new commissioner of the Office of Financial and Insurance Services (OFIS). She will begin...
Mich. Bill Would Restrict Aftermarket Parts
Mar 27 2003 // A Michigan bill that would place onerous restrictions on insurers ability to prescribe auto repair shops and use aftermarket parts would increase claims costs, ultimately hurting consumers, according to the Alliance of...
Travelers, Michigan Ins. Recipients of AMS Users’ Group Quantum Award
Mar 19 2003 // The winners of the first-ever Quantum Award were announced at the AMS Users’ Group 27th Annual National Conference on March 15. Travelers Property Casualty and Michigan Insurance Company tied for the award, which...
Former Mich. Commish Had ‘Integrity,’ Says NAMIC
Feb 27 2003 // The National Association of Mutual Insurance Companies (NAMIC) said the Michigan Insurance Commissioner who recently resigned had “integrity.” A NAMIC statement said that Frank Fitzgerald worked hard over the...
Michigan Insurance Commissioner Resigns
Feb 24 2003 // Michigan Financial and Insurance Services Commissioner Frank Fitzgerald has resigned, though he had two years before his appointed term expired. New Gov. Jennifer Granholm, a Democrat, attacked insurance-based scoring as...
Mich. Commish Demands Insurers’ Scoring Models
Feb 19 2003 // A new bulletin requires Michigan insurers to begin providing more information to consumers about the use of credit to calculate rates by July 1. Bulletin 2003-01-INS, issued by Michigan Financial and Insurance Services...
Willis Group Appoints Roberts to Board of Directors
Feb 13 2003 // Willis Group Holdings Limited announced the appointment of Douglas Roberts, the Former Treasurer of the State of Michigan, to its Board of Directors. He will chair the Audit Committee. Roberts served two terms as Michigan...
Visibillity Moves to Michigan Avenue
Feb 5 2003 // Collaborative litigation management firm Visibillity has completed its move to a new, larger headquarters on Michigan Avenue in downtown Chicago. Visibillity, which provides Internet-based services for claims professionals...
