Michigan News

Northeast’s ProMutual to Buy Michigan Medical Liability Insurer FinCor

Massachusetts-based medical liability insurance company Medical Professional Mutual Insurance Co., known as ProMutual, will acquire medical liability insurer and risk management company FinCor and its subsidiaries. ProMutual, a member of ProMutual Group, said it is is acquiring Lansing, Michigan, based …

Zurich Names Bartnick North Central Property Regional Manager

Property and casualty insurance provider, Zurich, announced that its Global Corporate in North America (GCiNA) unit named David Bartnick as its North Central Property regional manager. The North Central region includes 11 states – Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, …

MBA in Insurance Approved at Olivet College in Michigan

The Higher Learning Commission (HLC) of the North Central Association of Colleges and Schools has approved a Master of Business Administration (MBA) in Insurance degree program at Olivet College in Olivet, Mich. The HLC extended the college’s accreditation to include …

Michigan Suit Challenging AIG Bailout on Religious Grounds Proceeds

A Michigan man who is challenging the government’s bailout of American International Group has won an early legal victory. U.S. District Judge Lawrence Zatkoff recently refused to dismiss a lawsuit filed in December on behalf of Kevin Murray of Washtenaw …

Michigan Mandates Insurers File Home, Auto Insurance Forms with State

Michigan’s insurance regulator is reinstating a requirement that insurance companies submit all home and auto insurance documents and forms to the state insurance department for review prior to using them with the public. The order from the Office of Financial …

Main Street America Expands MVP Rating Program to 4 States

The Main Street America Group has launched a new personal auto rating program in New York, Virginia, Michigan and Rhode Island. The Jacksonville, Florida-based insurer says its Personal Auto MVP rating program uses “predictive modeling” or “multivariate” rating methods to …

Foremost Insurance Expands Dwelling Fire Program in Arkansas

Michigan-based Foremost Insurance Group is expanding its dwelling fire program in Arkansas. The company announced that effective June 1, 2009, Foremost’s new dwelling fire contracts specifically designed for the unique needs of landlord, owner-occupied or vacant properties will be available. …

Michigan Termite Case Could Increase Liability for Real Estate Sellers

A dispute over termites before the Michigan Supreme Court could af-fect the liability of real estate sellers. When Richard and Stacey Roberts bought an old house on Michigan’s Leelanau Peninsula, they thought the home’s other tenants were gone for good. …

Declarations

Undue Stress “The pending sale could create undue stress on our workers’ compensation system. We will fight every step of the way to ensure Ohio’s self-insured employers and their workforce are protected.” —Ohio Attorney General Richard Cordray. Ohio has joined …

Fiat Agrees to Assume Chrysler’s Workers’ Compensation in Michigan

Michigan is dropping objections to the sale of Chrysler LLC after the buyer agreed to assume Chrysler’s workers’ compensation liabilities. The settlement announced last Friday averts a court fight. The state had opposed the sale of Chrysler assets to Italian …