All the headlines from our Michigan Topic Page, ordered by recency.
Dec 22 2004 // Michigan Office of Financial and Insurance Services Commissioner Linda A. Watters signed a settlement agreement with the three principal insurers of the UnumProvident Group, which are Unum Life Insurance Company of...
Dec 17 2004 // Michigan Gov. Jennifer Granholm on Friday announced that Michigan’s business climate will benefit from an expected drop in the Workers’ Compensation insurance rates by an average 11.2 percent in 2005. Granholm...
Dec 10 2004 // The Western Michigan chapter of the Chartered Property Casualty Underwriters Society was awarded the gold designation in the national group’s Circle of Excellence program. The group won the award for the 2003-2004...
Dec 10 2004 // Michigan Office of Financial and Insurance Services Commissioner Linda A. Watters named Andy Schor as the new public information officer effective Monday. As PIO, Schor’s responsibilities will be to share the...
Dec 6 2004 // DaimlerChrysler AG’s Chrysler Group has sued insurers for refusing to cover losses the company sustained during the 2003 blackout.The outage–the worst in U.S. history–left millions of Michigan residents...
Nov 30 2004 // A new study by the Insurance Research Council (IRC) finds that claimed losses for auto injuries have escalated at vastly different rates across four states with no-fault auto insurance regulations. From 1997 to 2002, the...
Nov 24 2004 // DaimlerChrysler AG’s Chrysler Group has sued insurers for refusing to cover losses the company sustained during the 2003 blackout.The outage—the worst in U.S. history—left millions of Michigan residents without...
Nov 10 2004 // A bill reportedly designed to repeal Michigan’s mandatory motorcycle helmet law was passed by the State House of Representatives today (Nov. 10), in an apparent bid to take advantage of a lame duck legislature...
Nov 9 2004 // The conservative Michigan Supreme Court’s balance remains 5-2 in favor of Republican nominees, and insurers, after voters re-elected two incumbents.As expected, Democratic nominee Marilyn Kelly and Republican nominee...
Oct 25 2004 // Chicago-based insurance industry investment banker Cochran, Caronia & Co. has named William Hickey its chief operating officer. Hickey is responsible for spearheading the firm’s strategic planning initiatives...
Oct 20 2004 // Many consumers will pay more for home and auto insurance if a state-proposed rule to ban the use of credit-based insurance scoring discounts in Michigan becomes effective next year, a lobbyist for the state’s...
Oct 11 2004 // A Michigan court of appeals was correct in its determination that no–fault insurers have the right to review medical bills, and to pay lesser amounts if they deem any procedures to be unreasonable or unnecessary, the...
Oct 11 2004 // Columbus, Ohio–based surplus line insurer Century Surety Co. announced the promotions of both Erin E. Alward to chief financial officer and Steve R. Young to chief investment officer.Alward has more than seven...
Sep 28 2004 // The Lansing, Mich.-based Insurance Institute of Michigan has named a former lobbyist for the auto industry as its new executive director. Peter Kuhnmuench will start Oct. 11, 2004 and previously served as legislative...
Sep 17 2004 // Virtually every line of insurance coverage saw reductions in the number of complaints to the Michigan agency which regulates the industry. The Michigan Office of Financial and Insurance Services received 5,816 complaints...
Sep 15 2004 // The Michigan Insurance Hall of Fame will induct two new members at its annual ceremony Wednesday on the campus of Olivet College.Morrall M. Claramunt will be inducted as a 2004 member of the Michigan Insurance Hall of...
Sep 14 2004 // A Michigan court of appeals was correct in its determination that no-fault insurers have the right to review medical bills, and to pay lesser amounts if they deem any procedures to be unreasonable or unnecessary, the...
Sep 9 2004 // A Michigan court of appeals was reportedly correct in its determination that no-fault insurers have the right to review medical bills, and to pay lesser amounts if they deem any procedures to be unreasonable or...
Aug 26 2004 // Michigan Office of Financial and Insurance Services (OFIS) Commissioner Linda A. Watters announced that new rules designed to help protect the security and confidentiality of insurance companies’ customer information...
Aug 9 2004 // Higher claims frequency and severity make it twice as expensive for insurers to offer full auto and homeowners coverage to residents in metropolitan Detroit than the state as a whole, according to a recent study conducted...