April 6, 2009
Ed Largent is now chief administrative officer and Stuart Rosenberg is chief technology officer at Westfield Group of Ohio. Largent assumes responsibility for corporate oversight of human resources, information technology, training, and the internal audit department, as well as Westfield …
April 3, 2009
Michigan-based InPro Insurance Group Inc. announced it has hired Erik C. Frazier as an insurance agent/producer. In his new role, Frazier has responsibility for sales and marketing for the independent insurance agency. Frazier has more than 15 years’ experience in …
April 3, 2009
Auto Club Insurance Association, a Dearborn, Mich.-based insurer (ACIA), has acquired MEEMIC Insurance Company (MEEMIC) and its insurance agency affiliate, MEEMIC Insurance Services Corporation. ACIA offers a full range of personal lines insurance products and services through a network of …
April 1, 2009
Michigan motorists will pay $20.31 more this year to a fund helping support seriously injured accident victims. The Michigan Catastrophic Claims Association this week raised the annual assessment to $124.89 per vehicle. The assessment is passed on from insurance companies …
March 27, 2009
A banker has sued Citizens Republic Bancorp in Michigan, saying he was fired for questioning a $7.5 million bonus for the company’s chief executive on the eve of a federal bailout payment. John D. Schwab filed a lawsuit in Genesee …
March 27, 2009
Ron Kurth, who grew up in Gary, Ind., and worked in the steel mills, raised his family in the region near the outskirts of Chicago. He always wondered about the smoke and smog that overcast the Lake Michigan shoreline. “It’s …
March 26, 2009
Motorists Mutual Insurance Company (Motorists) of Columbus, Ohio, reported it has been approved for membership at Federal Home Loan Bank of Cincinnati (FHLBank). With $1.2 billion in assets and rated A (Excellent) by A.M. Best, Motorists is the 21st insurance …
March 25, 2009
Three northeast states have the lowest crime rate, while Nevada, Louisiana and South Carolina have the highest crime rate, according to a new study. New Hampshire (1) received the lowest crime rate ranking again this year, followed by Vermont (2) …
March 23, 2009
Michigan Treasurer Robert Kleine and Attorney General Mike Cox say Michigan has been named lead plaintiff in a class action lawsuit against American International Group Inc. (AIG). The State of Michigan Retirement Systems invested in AIG on behalf of more …
March 23, 2009
Michigan’s regulator has reignited a debate over credit scoring by denying auto insurance companies requested rate increases because their proposed rate schemes include discounts for good credit scores. Commissioner Ken Ross said he has disapproved rate filings for seven insurers …