Latest Michigan Headlines
All the headlines from our Michigan Topic Page, ordered by recency.
Statewide Auto Theft Continues to Decline in Michigan
Feb 19 2010 // An organization dedicated to reducing auto theft in Michigan reports that while there has been a decline in auto theft in the state, incidents of insurance fraud and component theft have increased. Michigan’s...
Michigan Requires Insurers to File All Personal Lines Insurance Forms
Feb 17 2010 // Michigan’s insurance regulator is requiring insurance companies to get state approval for any changes to personal lines insurance forms before they use them Office of Financial and Insurance Regulation Commissioner...
Fremont Michigan InsuraCorp Plans Expansion Into Wisconsin
Feb 12 2010 // Property/casualty insurer Fremont Michigan InsuraCorp, Inc. said it expects to report record results for the fourth quarter and confirmed it pans to expand into neighboring Wisconsin. The company said it expects to report...
Fremont Insurance Endorsed by Michigan Retailers Association
Feb 8 2010 // Fremont Insurance, a Michigan-exclusive property and casualty insurance carrier, has been named as the endorsed insurer of the Michigan Retailers Association (MRA). This is the second consecutive year that Fremont has been...
New York-based Equity Firm Invests $20M in Michigan Brokerage
Jan 29 2010 // Greenhill Capital Partners LLC announced it has invested $20 million in Acrisure LLC, a Midwest insurance brokerage company headquartered in Grand Rapids, Mich. Formed in 2005, Acrisure has acquired 17 insurance agencies...
Michigan Senate Follows House, OKs Ban on Texting While Driving
Jan 28 2010 // Michigan lawmakers took a key step this week toward prohibiting the use of cell phones to send or read text messages while driving, but some say the measure is watered down and wouldn’t do enough to crack down on...
A.M. Best Downgrades Michigan Millers Mutual Insurance Co.
Jan 27 2010 // A.M. Best Co. announced it has downgraded the financial strength rating (FSR) to B++ (Good) from A- (Excellent) and issuer credit rating (ICR) to “bbb+” from “a-” of Michigan Millers Mutual...
Auto Insurance Key to Michigan State Senator’s Gubernatorial Bid
Jan 24 2010 // State Sen. Hansen Clarke has jumped into the Michigan governor’s race and auto insurance reform will likely figure prominently in his bid for the offic The Detroit Democrat told the Associated Press he had filed the...
Michigan Workers’ Compensation Claim Costs Among Lowest, Most Stable
Jan 21 2010 // Workers’ compensation total costs per claim in Michigan are among the lowest of 15 states, and the growth of these costs in Michigan over time has been more stable than in most other study states, according to a new...
Progressive Insurance Selects Michigan to Host $10M X-Prize Car Contest
Jan 13 2010 // The Progressive Insurance Automotive X PRIZE has chosen the state of Michigan to host a multi-stage competition that aims to pit some of the world’s most fuel efficient vehicles against one another in a quest to win...
Michigan Regulators Recover $33M for Consumers; $9M from Insurance
Jan 11 2010 // Michigan regulators report they recovered a record $33 million for financial services and insurance customers in 2009. Insurance Commissioner Ken Ross said the $33 million in consumer recoveries breaks the previous record...
Mich. Auto Insurance Bills Stall
Jan 10 2010 // The insurance industry got a reprieve in late December when the state Senate adjourned without taking up legislation passed by the House of Representatives that carriers say would have stripped insurers of underwriting...
Auto Insurance Key to Michigan State Senator’s Gubernatorial Bid
Jan 7 2010 // State Sen. Hansen Clarke has jumped into the Michigan governor’s race now that Lt. Gov. John Cherry has decided not to run. Auto insurance reform will likely figure prominently in Clarke’s bid for the...
Michigan’s H.E.A.T. Recovers $51M in Stolen Property in 25 Years
Jan 5 2010 // Since its inception in 1985, tips to Michigan’s Help Eliminate Auto Thefts (H.E.A.T.) program have led to recovery of more than $51 million in stolen property and arrests of more than 3,300 suspects involved in auto...
Special Reuters Report: America’s Route to Recovery
Dec 29 2009 // When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city. After graduating from high school...
Michigan Auto Insurance Bills Stall As Senate Adjourns Without Acting
Dec 28 2009 // The Michigan Senate adjourned before Christmas without taking action on a property/casualty insurance bill package already passed by the House of Representatives. The package would, among other things, give the insurance...
Fremont Michigan InsuraCorp Rejects Unsolicited Takeover Offer
Dec 23 2009 // Fremont Michigan InsuraCorp Inc. a Michigan-exclusive property and casualty insurance carrier with headquarters in Fremont, Mich., has rejected an unsolicited proposal from the Steak n Shake Company seeking to acquire...
2009 P/C Insurance Mergers, Acquisitions Large and Small
Dec 20 2009 // Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies....
Michigan Orders Florida Man to End Unlicensed Insurance Activity
Dec 18 2009 // The Michigan Office of Financial and Insurance Regulation (OFIR) has ordered a Florida man who is not licensed to sell insurance in Michigan to stop all insurance related activity in that state. The OFIR says Richard...
Michigan House Passes Auto Insurance Reform Legislation
Dec 17 2009 // An insurance trade group says a bill passed by the Michigan House of Representatives threatens to increase auto insurance costs and harm the state’s job market and economy. The Property Casualty Insurers Association...
