Latest Michigan Headlines
All the headlines from our Michigan Topic Page, ordered by recency.
Auto Insurance Fee Rekindles Michigan Law Debate
Apr 13 2012 // An increase in the amount Michigan drivers will pay into a fund for accident victims with brain damage, paralysis and other catastrophic injuries is renewing a call by some lawmakers for more transparency in how the rates...
Michigan’s Davenport University Introducing Insurance Education Specialty
Apr 11 2012 // Davenport University in Michigan announced it is introducing a new risk management and insurance specialty within its Bachelor of Business Administration in Management program beginning in the fall of 2012. Farmers...
160-Year Old Hanover Retaking Its Place as P/C Industry Leader
Apr 3 2012 // Eight out of 160 years of history may not seem like a big deal but for Hanover Insurance Group, founded in 1852, the last eight years have seen a series of big deals. Eight years ago in 2004, the $2.4 billion heavily...
Hastings Mutual Recognized as a Top Employer in West Michigan
Apr 3 2012 // Hastings, Mich.-based Hastings Mutual Insurance Co. announce it has been selected as one of West Michigan’s 101 Best and Brightest Companies to Work For by the Michigan Business & Professional Association (MBPA)...
Michigan Catastrophic Injury Premium to Go to $175 Per Car
Apr 2 2012 // Michigan drivers will pay $30 more for auto insurance starting July 1 to care for accident victims who have brain damage, paralysis or other catastrophic injuries, raising the annual fee to $175 per vehicle. The Michigan...
Michigan Lawmakers Again OK Motorcycle Helmet Repeal
Mar 29 2012 // Michigan lawmakers are making another attempt at repealing a state law that requires motorcyclists to wear helmets. The state Senate gave final legislative approval to a repeal of the ban Wednesday by a 24-14 vote. The...
Lawsuit Filed In Michigan In Fatal September Helicopter Crash
Mar 29 2012 // The estate and family of a man who died in a northern lower Michigan helicopter crash in September claims in a lawsuit that negligence contributed to the accident that killed him and another Detroit-area man. A lawsuit was...
Ratings Roundup: Michigan Professional, Bancinsure, Maiden NA
Mar 29 2012 // A.M. Best Co. has upgraded the issuer credit rating to “bbb+” from “bbb” and affirmed the financial strength rating of ‘B++’ (Good) of Michigan Professional Insurance Exchange (MPIE),...
Michigan Fire Chief: 207 Homes Damaged by Tornado
Mar 21 2012 // Officials now say 207 homes were damaged in last week’s tornado in Dexter, Mich., and about 20 will need to be demolished. Dexter Area Fire Chief Loren Yates provided the figures on March 19. Officials initially said...
Michigan Catastrophic Injury Premium to Go to $175 Per Car
Mar 19 2012 // Michigan drivers will pay $30 more for auto insurance starting July 1 to care for accident victims who have brain damage, paralysis or other catastrophic injuries, raising the annual fee to $175 per vehicle. The Michigan...
Michigan Agency Plans Workplace Safety Rules Changes
Mar 14 2012 // A state office is making hundreds of recommendations to eliminate Michigan workplace safety regulations that exceed federal standards. The report released by the Office of Regulatory Reinvention aims to eliminate what the...
Daly Merritt Insurance Opens New Office in Ann Arbor, Michigan
Feb 13 2012 // Daly Merritt Insurance, an insurance agency headquartered in Wyandotte, Mich., has opened a new office in Ann Arbor. Daly Merritt Insurance also has an office in Monroe, Mich. This third location will allow the agency to...
Best Upgrades Fremont Ratings; Affirms Auto Club Group, P/C Members
Feb 7 2012 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “a” from “a-” of Michigan-based...
Fremont Insurance Co. Ratings Upgraded; Auto Club Group Affirmed
Feb 7 2012 // A.M. Best Co. has upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and issuer credit rating (ICR) to “a” from “a-” of Fremont Insurance Co. (Fremont) of Fremont,...
Declarations
Feb 6 2012 // Coordinating Oversight “Entering this agreement with the FTC is important to making sure markets for consumer financial products are getting efficient and effective federal government oversight.” —Richard...
Companies Sue over Michigan Fireworks Insurance Requirement
Feb 3 2012 // Several fireworks companies are suing over what they call Michigan’s excessive insurance requirements under a new state law. The companies filed suit on Feb. 1 in Detroit federal court seeking to overturn a...
Michigan-Based Amerisure Appoints Key Executives
Jan 31 2012 // Farmington Hills, Mich.-based Amerisure Mutual Insurance Co. announced a number of executive level appointments: Barbara Cristea, assistant vice president of financial planning and analysis; Amy Henning, vice president of...
Lawsuit Seeks Information on Michigan Auto Injury Claims
Jan 25 2012 // A coalition fighting proposed changes to Michigan’s auto insurance laws filed a lawsuit seeking claims information from an association that handles medical bills for seriously injured accident victims. The suit filed...
Some Work Comp Claims in Michigan Must First Go to Mediation
Jan 12 2012 // Michigan workers’ compensation insurance regulators report that due to recent statutory changes some contested workers’ compensation claims will be assigned to mediation. Michigan Workers’ Compensation...
OFIR Recovers $25M for Michigan Consumers in 2011
Jan 11 2012 // The Office of Financial and Insurance Regulation (OFIR) announced that it recovered more than $25 million on behalf of Michigan consumers in 2011. OFIR recovered more than $18 million by assisting consumers with their...
