Congressional investigators Thursday sought documents from Toyota Motor Corp and U.S. safety regulators about a pair of safety recalls the automaker was racing to address. House Energy and Commerce Committee Chairman Henry Waxman said he would hold a hearing next …
The costs per all paid workers’ compensation insurance claims in Louisiana averaged 35 percent higher than the typical study state, according to a Massachusetts-based research group that studies workers’ comp. In its “CompScopeBenchmarks for Louisiana, 10th Edition,” the Workers Compensation …
Greenhill Capital Partners LLC announced it has invested $20 million in Acrisure LLC, a Midwest insurance brokerage company headquartered in Grand Rapids, Mich. Formed in 2005, Acrisure has acquired 17 insurance agencies since inception and currently places approximately $350 million …
Michigan lawmakers took a key step this week toward prohibiting the use of cell phones to send or read text messages while driving, but some say the measure is watered down and wouldn’t do enough to crack down on distracted …
A.M. Best Co. announced it has downgraded the financial strength rating (FSR) to B++ (Good) from A- (Excellent) and issuer credit rating (ICR) to “bbb+” from “a-” of Michigan Millers Mutual Insurance Company (Michigan Millers) of Lansing, Mich. The outlook …
Cincinnati-based insurance brokerage, Hylant Group, and the W Group, a privately owned firm offering employee benefit services, announced they have merged. The combined organizations will form one of the largest employee benefit firms in the Greater Cincinnati area. The W …
Oklahoma was one of only four states to show lower unemployment in December, compared with the month before, with a drop of half a percentage point to 6.6 percent, according to federal figures. That was the biggest improvement in joblessness …
State Sen. Hansen Clarke has jumped into the Michigan governor’s race and auto insurance reform will likely figure prominently in his bid for the offic The Detroit Democrat told the Associated Press he had filed the paperwork to kick off …
Steve Crawford has been named president and chief executive officer at Grinnell Mutual Reinsurance Co., located in Grinnell, Iowa. For the past two years, Crawford has served as the company’s chief operating officer. During Crawford’s 34-year career at Grinnell Mutual …
Missouri, Kansas and Michigan collectively recovered nearly $39 million from insurance companies on behalf of consumers in 2009. Recoveries are funds returned to policyholders through settlement of claims disputes with insurers, based on inquiries and formal complaints. The Missouri Department …
