Midwest Pummeled by Storms
A massive storm making its way through a big chunk of the United States brought a bit of everything: strong winds, rain, tornadoes and now even some snow for parts of the Midwest. The storm packed wind gusts of up …
American Physicians Capital, Doctors Co. Merger Completed
Health care liability insurance provider American Physicians Capital Inc., based in East Lansing, Mich., announced the completion of the merger pursuant to which APCapital became a wholly owned subsidiary of The Doctors Company, a large national insurer of physician and …
Michigan Town Seeks Fire Disaster Declaration for Arsons
The mayor of the Detroit enclave of Highland Park, Mich., has asked Gov. Jennifer Granholm to declare the city a disaster area because of fires so it will be eligible for federal aid. Such declarations are typically issued for areas …
Allstate Looking for 40 New Agency Owners in Michigan
Allstate Insurance Co. said it has launched a recruitment campaign to sign on 40 new agency owners in Michigan by the end of 2011. In addition, the insurer said new and existing Michigan Allstate agencies are projected to hire approximately …
Michigan Alleges $50 Million Fraud Involving 41 Agents
Michigan insurance officials say they have identified 41 out of a possible 76 American Benefit Concepts (ABC) insurance agents responsible for selling fraudulent investment products in several multi-million dollar investment schemes in western Michigan. Officials said they have identified at …
Court: Michigan Workers’ Comp Law Blocks Anti-Racketeering Suit
Michigan’s workers’ compensation statute blocks employee lawsuits against employers brought under federal anti-racketeering law, a federal judge has ruled. Federal Judge Paul D. Boren for the second time has dismissed a suit brought by a group of employees at Cassens …
A Franchise Model for Insurance Agencies
Fiesta Auto Insurance Combines Insurance and Tax Preparation Services Under One Roof Modeling an insurance agency business after a sandwich shop might sound like a strange idea, but that’s what John Rost, founder, president and CEO of Fiesta Auto Insurance, …
Foreclosures on the Increase in Louisiana
More than 1,500 Louisiana homeowners saw their residences swept away by seizure during the third quarter of 2010, a national company that tracks foreclosures reported Oct. 14. Irvine, Calif.-based RealtyTrac said that in addition to 1,560 foreclosure sales, another 2,819 …
Judge Lets States’ Suit Against Obama Healthcare Law Proceed
U.S. states can proceed with a lawsuit seeking to overturn President Barack Obama’s landmark healthcare reform law, a Florida judge ruled Thursday. U.S. District Judge Roger Vinson had said at a hearing last month that he would block efforts by …
Enforcement Issues Complicate Mississippi’s Efforts on Texting Drivers
Undoubtedly bills will be filed to strengthen Mississippi’s texting-while-driving ban during the 2011 legislative session, and questions about enforcement are sure to be raised. A law enacted in 2009 banned beginning teenage drivers from sending text messages from behind the …
