Latest Michigan Headlines
All the headlines from our Michigan Topic Page, ordered by recency.
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...
Hub International Purchases Mich. Firm
Jan 30 2003 // Chicago-based Hub International Limited announced that one of its major hub insurance brokerage facilities, Battle Creek, Michigan-based Burnham Insurance Group, Inc. (Burnham), purchased the stock of Alberts Insurance...
The AMVISTA Group Opens Workers’ Comp Program in Mich.
Jan 20 2003 // The AMVISTA Group, a unit of American Workers Assurance, made its Michigan debut recently by opening an operation in Grand Rapids. The AMVISTA Group offers a high value workers’ compensation insurance product through...
MI-Assistant Acquires Applied Systems Rating Division
Jan 20 2003 // Illinois-based Applied Systems, Inc., an automation solutions provider for the property and casualty insurance industry, has reached an agreement to sell its Rating Division to MI-Assistant. “Economies of scale and...
Mich. Legislative Session Concludes with Good News for Insurers
Jan 13 2003 // The Michigan Legislature adjourned a very busy but generally successful legislative session recently. Several bills of interest to property/casualty insurers passed during the last two weeks of the session including...
NAII Files Brief in Michigan Coordination of Benefits Provision Case
Dec 24 2002 // The National Association of Independent Insurers announced that it has filed an amicus brief with the Michigan Supreme Court in the case of Sprague V. Farmers “to clarify the cost savings function of the...
AAA Michigan Supports Federal Crackdown on Impaired Drivers
Dec 19 2002 // Michigan’s AAA issued a statement supporting tough new measures against drunk driving contained in the current “You Drink and Drive. You Lose” campaign described at a press conference held in Washington...
Michigan’s OFIS Releases Credit Scoring Report, NAII Comments
Dec 18 2002 // Michigan’s Office of Financial and Insurance Services (OFIS) has released its long awaited report examining the use of credit scores to set insurance rates, raising some significant concerns about the way insurance...
Michigan Report on Credit Scoring Due Next Week
Dec 4 2002 // Michigan’s Office of Financial and Insurance Services (OFIS) Commissioner Frank M. Fitzgerald announced that it will release a report on Monday, Dec. 16 regarding the use of insurance credit scoring in...
