Say What You Mean
Agents Should Act With Character and Integrity in Everything That They Do “I meant what I said, and said what I meant …” Although that quote was written in 1954 by Dr. Seuss in his book “Horton Hears a Who,” …
Japanese Officials Hear About Auto Insurance From Michigan Chief
Earlier this month, 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 Compensation Office, Accidents Compensation Division, Road Transport Bureau …
People
Kansas Gov. Kathleen Sebelius is President Barack Obama’s choice for secretary of health and human services. Sebelius, 60, is seen as a solid choice to head HHS because as a governor responsible for the Medicaid program in Kansas, she faced …
Illinois Homeowner Seeks Claim Information Behind Home Explosion
An Illinois woman has filed a suit seeking information about why her home exploded last month. Laura Williams filed the suit after a Feb. 13 blast destroyed her Pontoon Beach home and damaged several others. No one was seriously injured. …
Business Moves
Auto Club Insurance, MEEMIC 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 provider of auto insurance in …
Highway Patrol Chief to Head North Dakota Workers’ Comp Agency
Former North Dakota Highway Patrol superintendent Bryan Klipfel has been named the state’s new workers compensation director by Gov. John Hoeven. It’s the governor’s first hire since North Dakota voters decided last November the governor should have power to hire …
As Credit Scores Fall, Criticism of Insurers’ Credit Scoring Rises
With consumers’ credit scores dropping as lenders tighten credit terms, insurance consumer advocates are stepping up their criticism of the use of credit scores by insurance companies. They are also warning insurers that they could lose business and consumer confidence …
Michigan’s Auto Insurance Rate Denials Reignite Credit Scoring Fight
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 Ken Ross said he has disapproved rate filings for seven insurers …
Looking Up
Amidst all the gloom and doom, the failures and frustrations, the finger pointing and scapegoating, the drumbeat of negative economic news… we turn to two men wiser than ourselves for advice that lifts us up: Warren Buffett in his annual …
It Figures
$743 Million The latest damage estimate from last summer’s flooding at the University of Iowa – nearly triple the earlier estimate. University officials said it includes all building and content damage and the costs to relocate building complexes for theater …
