Michigan News

Business Moves

Brick Street West Virginia-based BrickStreet Mutual Insurance has been approved to write workers’ compensation insurance in Illinois. The move continues an expansion drive for the company, which was approved to write workers’ compensation coverage in Kentucky last year. BrickStreet said …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …

Statewide Auto Theft Continues to Decline in Michigan

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 H.E.A.T. (Help Eliminate Auto Thefts) was responding …

Accident Fund Names UNICO Group 2009 Agency of the Year

Lansing, Mich.-based Accident Fund Insurance Company of America has named UNICO Group of Lincoln, Neb., as its 2009 Agency of the Year. Al Gileczek, vice president of Regional Operations for Accident Fund, said “UNICO Group has been an outstanding partner …

Michigan Requires Insurers to File All Personal Lines Insurance Forms

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 Ken Ross earlier this month ordered insurance companies to submit …

Certain Safety Codes Didn’t Apply to Connecticut Plant

Three days before the deadly explosion at a Connecticut natural gas power plant, a federal agency that investigates chemical accidents recommended urgent changes to national safety standards for clearing gas from pipes. But even if those changes had been in …

4 Companies Told to Stop Selling Insurance Products in Kansas

Kansas Commissioner of Insurance Sandy Praeger has issued a cease and desist order to four companies and four individuals for selling unauthorized health insurance and distributing deceptive advertising. The Kansas Insurance Department identified the companies as: Real Benefits Association, Serve …

Fremont Michigan InsuraCorp Plans Expansion Into Wisconsin

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 total direct premiums written in the range …

Rare Earthquake Rattles Northern Illinois; No Damage Reported

A small pre-dawn earthquake hit northern Illinois on Feb. 10, startling residents as far away as Michigan and Iowa, but no damage or injuries were immediately reported. The Illinois State Geological Survey (ISGS) said the earthquake was felt in eight …

Special Reuters Report: Inside Toyota’s Epic Breakdown

Toyota Motor Corp., the world’s most dominant and profitable automaker, was not accustomed to outsiders telling it what to do, let alone some obscure bureaucrat from the United States, whose own car industry was on taxpayer-funded life support. But in …