Michigan News

Allstate Insurance to Expand in Midwest with New Agencies

Allstate Insurance Co. has announced plans to appoint new agency owners in Indiana, Michigan and Ohio this year. The company plans to appoint 21 new insurance agency owners in Indiana. Additionally, Allstate’s new and existing Indiana insurance agencies plan to …

Michigan Suspends License of Lapeer-Area Insurance Agent

The Michigan Department of Insurance and Financial Services (DIFS) has suspended the license of James J. Carnaghi, previously licensed to sell property and casualty, accident and health, and life insurance in the state. The order of suspension was issued following …

Segal Group Acquires Employee Benefits Firm Moroni Fantin in Michigan

The Segal Group announced it has acquired a portion of the business of Moroni Fantin, an employee benefits consulting firm located in the Detroit, Mich.-area. Moroni Fantin specializes in working with Michigan and national, mid-market, self-insured health plans. Robert D. …

Hub International Acquires Agency Business of Michigan’s Pinnacle Insurance Partners

Global insurance brokerage Hub International Limited (Hub) has acquired the insurance agency business of certain member firms operating as Pinnacle Insurance Partners (Pinnacle), a Grand Rapids, Mich.-based full-service insurance brokerage firm. The acquisition was made through the East Division of …

Former Michigan Court Employee Gets $250K Settlement in Harassment Case

A former Bay County Friend of the Court employee who filed a federal lawsuit in Michigan saying she was sexually harassed is getting a $250,000 settlement. The Bay City Times reports it obtained details of the settlement involving Patricia McIver …

Michigan’s Accident Fund Holdings Promotes Key Executives

Lansing, Mich.-based workers’ compensation insurer, Accident Fund Holdings Inc., has promoted several key executives, including: Frank Freund of East Lansing, Mich.; Lisa Corless of Lansing, Mich.; and Becky Holnagel of Okemos, Mich. Freund has been promoted to executive vice president …

Fire Damage to Michigan School Buses Estimated at $300K

Authorities in Saginaw County, Michigan say electrical problems caused a blaze that destroyed two school buses and damaged two more. WSGW-AM reports that damage to the four Saginaw Intermediate School District buses from the fire on the night of Dec. …

Insurance Crime Bureau: 38% Drop in Questionable Claims in Michigan

Questionable insurance claims in Michigan dropped by 38 percent from 2010 through 2012, according to the National Insurance Crime Bureau (NICB). Questionable claims (QC) are those claims that NICB member insurance companies refer to NICB for closer review and investigation …

Costs per Workers’ Comp Claims in Michigan Low Prior to 2011 Reforms

The total costs for a workers’ compensation claim in Michigan were low compared with other states according to a recent study by the Workers Compensation Research Institute (WCRI), Michigan System Performance Prior to the 2011 Legislative Changes: CompScope Benchmarks, 14th …

Marsh & McLennan Agency Acquires Michigan’s Cambridge Property & Casualty

Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., announced the acquisition of Cambridge Property & Casualty, based in based in Livonia, Mich., Founded in 1974, Cambridge provides property/casualty insurance and risk management products and services …