Southfield, Mich.-based alternative-risk insurer Meadowbrook Insurance Group announced that the company’s chairman and founder, Merton J. Segal, has established a personal stock sale plan in accordance with SEC Rule 10b5-1, under which he will sell up to 550,000 shares (about …
Michigan Office of Financial and Insurance Services (OFIS) Commissioner Linda Watters said that two insurance companies that failed to submit information requested through an auto insurance data call by March 15 now face compliance penalties that could include a suspension …
A proxy filed with the Securities and Exchange Commission shows that that the CEO of Chicago-based CNA received a 43 percent pay increase last year, according to Crain’s Chicago Business. CEO Stephen Lilienthal received $986,538 in salary and a $1.9-million …
Attorneys for Chicago-based insurance broker Michael “Mickey” Segal have asked a federal judge to bar testimony in his upcoming trial that accuses him of spending hundreds of thousands of dollars in ill-gotten funds on female escorts and other personal expenses. …
Michigan drivers who have auto insurance but can’t immediately prove it when stopped by police no longer will face a $300 fine. Gov. Jennifer Granholm signed a bill that changes the state’s driver responsibility laws. If motorists can show before …
Ooh! We’ve got a biggie for you this time, folks. One hundred and twenty pages, the bulk of that taken up by volume two of our 2004 program directory. Along with this expansive, inclusive directory comes a very insightful story …
“We must all hang together or assuredly we will all hang separately.” – Benjamin Franklin. Benjamin Franklin’s famous statement during the signing of the Declaration of Independence in 1776 could just as easily be directed to a gathering of program …
Insurance Services Office, Inc. (ISO) has introduced a personal auto rating program carriers can use to tailor the cost of insurance for bodily injury and property damage liability and no-fault/medical payments coverage based on a car’s make and model. ISO …
If members of Congress want to make a “serious dent” in reducing the number of Americans without health insurance, they will have to “claim and redirect a considerable amount of public resources,” according to economist Len Nichols, Ph.D., vice president …
Volvo is trying to retain its image as a leader in safety with new technology designed to help drowsy drivers. Volvo and its owner, Ford Motor Co., released results of a study on the problem at the New York Auto …
