All the headlines from our Michigan Topic Page, ordered by recency.
Mar 11 2009 // Michigan’s regulator has reignited a debate over credit scoring by denying auto insurance companies requested rate increases because their proposed rate schemes include discounts for good credit scores.Commissioner...
Mar 10 2009 // Last week, Michigan Insurance Commissioner Ken Ross met with Japanese officials to discuss how the agency regulates automobile insurance in Michigan.The Michigan officials met with Kunio Nakajima, director of Government...
Mar 9 2009 // MarshMarsh & McLennan Companies Inc., the No. 2 global insurance broker, said the 2008 restructuring at Marsh Inc., its flagship insurance brokerage unit, was on track to generate annual savings of $200 million, and...
Mar 9 2009 // Automobile fatalities declined in 40 states in 2008, a sign that traffic deaths could dip to their lowest levels in four decades.The Governors Highway Safety Association said that vehicle deaths dropped in 40 states and...
Mar 9 2009 // MarshMarsh & McLennan Companies Inc., the No. 2 global insurance broker, said the 2008 restructuring at Marsh Inc., its flagship insurance brokerage unit, was on track to generate annual savings of $200 million, and...
Mar 6 2009 // USG Insurance Services, Inc, a national wholesale broker of commercial insurance headquartered in Tampa, Fla., has promoted Andy Jones to senior underwriter at its Michigan branch. Jones was a manager for four years with...
Mar 6 2009 // A.M. Best Co. has placed the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of “a-” of MEEMIC Insurance Co. in Michigan under review with positive implications.These rating...
Mar 5 2009 // Auto Club Insurance Association, a Dearborn, Michigan-based insurer, reported it has agreed to acquire MEEMIC Insurance Co. and its insurance agency affiliate, MEEMIC Insurance Services Corp.ACIA is the second largest...
Mar 4 2009 // Michigan Gov. Jennifer Granholm’s call for auto insurance companies to freeze their rates has won over 12 companies thus far, although most of the state’s largest insurer have not consented to the freeze. In a...
Feb 27 2009 // A.M. Best Co. has downgraded the issuer credit rating (ICR) to “bbb” from “bbb+” and affirmed the financial strength rating (FSR) of B++ (Good) of Wolverine Mutual Insurance Co. of Dowagiac,...
Feb 24 2009 // Michigan Gov. Jennifer Granholm’s call for auto insurance companies to freeze their rates has won over eight companies thus far, although they are insurers with small share of the market in the state. In a Feb. 3...
Feb 23 2009 // Citizens Insurance Co. of America, through its parent company’s foundation, The Hanover Insurance Group Foundation, Inc., has awarded 11 scholarships to public high school students and children of employees in its...
Feb 22 2009 // Michigan Attorney General Mike Cox said he is not giving up in his battle and will appeal a judge’s ruling in support of Blue Cross Blue Shield of Michigan’s ownership of workers’ compensation insurance...
Feb 22 2009 // Drunken System“It is surprising to the authors that these tragedies do not occur more frequently than they do in Kansas. As we studied this issue, we found many things that need attention, and many parts of the...
Feb 22 2009 // Insurance trade groups have come out swinging against Michigan Gov. Jennifer Granholm’s call for auto insurers to freeze rates until lawmakers can enact some of the reforms in a report by the state’s insurance...
Feb 22 2009 // In a bold and gutsy move in the face of an economy in downward spiral and unemployment levels approaching record highs, Michigan Governor Jennifer Granholm has called for a freeze on price increases by all hospitals,...
Feb 13 2009 // A Detroit man faces first-degree murder and arson charges in the 2004 deaths of two men he had hired to burn down a building he owned in south central Michigan. Attorney General Mike Cox says 57-year-old Musaid Ahmed Saeed...
Feb 12 2009 // One week after Michigan Gov. Jennifer Granholm called on auto insurance companies to freeze their rates, five insurers have said they will comply. In a Feb. 3 order, Granholm asked each automobile insurance company doing...
Feb 11 2009 // PGI Commercial has acquired the assets of Underwriters & Brokers, Inc. of Troy, Michigan. PGIC said it will merge the platform and staff of UBI with its existing Michigan office. Underwriters & Brokers, Inc....
Feb 9 2009 // Gov. Jennifer Granholm doesn’t want Michigan motorists to pay any more than they are now to support seriously injured accident victims.The governor asked the Michigan Catastrophic Claims Association to not increase...