December 1, 2010
A federal judge in Virginia Tuesday dismissed a lawsuit challenging the landmark healthcare law championed by President Barack Obama, upholding key provisions that require health insurance coverage. The challenge, one of several attempting to strike down the law, was brought …
November 22, 2010
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Fremont Insurance Company, as well as the ICR of “bbb-” of its parent holding company, Fremont Michigan InsuraCorp, Inc. (OTC …
November 19, 2010
Independent wholesale broker and underwriting manager Burns & Wilcox, based in Farmington Hills, Mich., has acquired NorthCoast Excess & Surplus Agency – a wholesale brokerage and underwriting manager based in Cleveland, Ohio. Jeff Burke, president of NorthCoast Excess & Surplus …
November 18, 2010
An Ingham County Circuit judge has stopped Blue Cross Blue Shield of Michigan from implementing rate increases as high as 66 percent for some seniors. Tuesday’s preliminary injunction also requires a public meeting be held. The Michigan attorney general’s office …
November 17, 2010
The Michigan Chamber of Commerce announced that Kevin Kaplan has joined the statewide business organization as senior director of Insurance Services. Kaplan comes to the Michigan Chamber with a strong background and extensive experience in the insurance industry. His background …
November 15, 2010
A federal judge on Friday heard arguments in the case of a medical marijuana user claiming a Michigan Wal-Mart store wrongfully fired him after testing positive for the drug. U.S. District Judge Robert Jonker in Grand Rapids said he will …
November 14, 2010
Republicans made big gains across the United States – and the Midwest was no exception – in the November 2 midterm elections. Across the country, GOP gains gave the party its largest number of seats in state legislatures since the …
November 14, 2010
Ohio Mutual, Casco Indemnity Ohio Mutual Insurance Group (OMIG) agreed to acquire N.E. Corp. and its wholly-owned subsidiary Casco Indemnity Co., a property and casualty insurer located in Saco, Maine. The transaction is expected to be completed by the end …
November 14, 2010
Too Long to Wait “Four years is too long a period to wait when you know what is going on is just not right and not correct. … Anywhere else in business they’d kick a guy out on the street …
November 14, 2010
A new federal job safety study finds North and South Carolina among the country’s safest states in which to work. But some experts doubt whether the rates accurately reflect which states are safer. North Carolina’s rate of injuries or illnesses …