Michigan News

Mich. Auto Insurance Bills Stall

The insurance industry got a reprieve in late December when the state Senate adjourned without taking up legislation passed by the House of Representatives that carriers say would have stripped insurers of underwriting tools, including credit-based insurance scoring, used to …

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. Stop All ID Fraud Market Detail: USX/S offers agents access to real ID theft protection …

Auto Insurance Key to Michigan State Senator’s Gubernatorial Bid

State Sen. Hansen Clarke has jumped into the Michigan governor’s race now that Lt. Gov. John Cherry has decided not to run. Auto insurance reform will likely figure prominently in Clarke’s bid for the governor’s office. The Detroit Democrat said …

Johnson Joins WRM America as Midwest Regional Marketing Officer

WRM America, a New York-based specialty insurance and alternative risk management company, reports that Jeffrey S. Johnson has joined WRM America Indemnity Company (WRMAI) as regional marketing officer for the Midwest region. Johnson will be responsible for the planning and …

Michigan’s H.E.A.T. Recovers $51M in Stolen Property in 25 Years

Since its inception in 1985, tips to Michigan’s Help Eliminate Auto Thefts (H.E.A.T.) program have led to recovery of more than $51 million in stolen property and arrests of more than 3,300 suspects involved in auto theft-related crimes Livonia-based H.E.A.T. …

Torus Appoints Richardson, Sr.VP for Human Resources

Global specialty insurer Torus has named Jackie Richardson as Sr. VP, Head of Global Human Resources. She reports to Global Chief Operating Officer, Naveen Anand, and will “implement and lead the Human Resources strategy for the Group worldwide,” said the …

Foremost Insurance Expands Fire Program in New Mexico, Wyoming

Foremost Insurance Group of Caledonia, Mich., is expanding its Dwelling Fire program in New Mexico and Wyoming, to accept more landlord and rental property customers, and offer lower rates and new, larger discounts. Typically known as the solution for hard-to-place …

Special Reuters Report: America’s Route to Recovery

When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city. After graduating from high school more …

Michigan Auto Insurance Bills Stall As Senate Adjourns Without Acting

The Michigan Senate adjourned before Christmas without taking action on a property/casualty insurance bill package already passed by the House of Representatives. The package would, among other things, give the insurance commissioner more authority over rates and strip insurers of …

Fremont Michigan InsuraCorp Rejects Unsolicited Takeover Offer

Fremont Michigan InsuraCorp Inc. a Michigan-exclusive property and casualty insurance carrier with headquarters in Fremont, Mich., has rejected an unsolicited proposal from the Steak n Shake Company seeking to acquire control of the company. Fremont said that after its board …