IFAwebnews » MI

Mercury Insurance seeks agents, unveils new commercial auto product

IFAwebnews Staff — Thu, 09 Feb 2012 10:00:37 +0000

Mercury Insurance, a multi-line insurance organization operating in 13 states, is offering a new commercial auto insurance product it says uses technology to enable its independent agents to more easily rate, qualify and issue new business.

Mercury Insurance seeks agents, unveils new commercial auto product via IFAwebnews.

New liability insurance law in Michigan sets off legal fireworks

IFAwebnews Staff — Fri, 03 Feb 2012 10:24:45 +0000

New insurance requirements for fireworks manufacturers have set off legal sparks in Michigan, as the companies have filed suit against the state.

New liability insurance law in Michigan sets off legal fireworks via IFAwebnews.

States make Prudential alter its unclaimed life insurance practices

Bob Graham — Tue, 17 Jan 2012 13:13:06 +0000

A total of 19 states and Washington, D.C., reached an agreement with The Prudential Group, one of the largest life insurance companies in the U.S., in a case involving its unclaimed property practices.

States make Prudential alter its unclaimed life insurance practices via IFAwebnews.

HHS doesn’t exempt insurance agent commissions in final MLR rules

Bob Graham — Mon, 05 Dec 2011 03:08:24 +0000

The U.S. Health and Human Services Department issued final rules for its medical loss ratio, declining the request of insurance agent trade groups and state insurance regulators to exempt agent and broker compensation.

HHS doesn’t exempt insurance agent commissions in final MLR rules via IFAwebnews.

Supreme Court to rule if federal health reform law is constitutional

Bob Graham — Mon, 14 Nov 2011 15:41:51 +0000

The U.S. Supreme Court will rule on the federal health reform law, focusing itself on the individual mandate, with an expected ruling by June 2012.

Supreme Court to rule if federal health reform law is constitutional via IFAwebnews.

Health insurer trio launches cost-saving defined contribution program

Jaime L. Brockway — Tue, 08 Nov 2011 20:22:54 +0000

A Michigan-based firm says it experienced health cost savings after investing in a private exchange and defined-contribution plan designed by three Blue health insurers to simplify insurers' health benefit offerings.

Health insurer trio launches cost-saving defined contribution program via IFAwebnews.

Insurers must prevent auto claimants from feeling ‘total loss’

Jaime L. Brockway — Thu, 03 Nov 2011 09:35:59 +0000

Insurers must be quick and fair throughout the claims process, communicating more with customers, to improve people's satisfaction when making an auto insurance claim, a new study says.

Insurers must prevent auto claimants from feeling ‘total loss’ via IFAwebnews.

Insurer reconsiders, pays $2.5M claim of Joplin tornado hero

Jaime L. Brockway — Tue, 01 Nov 2011 02:25:12 +0000

A Lansing, Mich.-based insurance company, after first rejecting a claim, agreed to pay a man who was injured in the Joplin tornado while trying to save three men in a group home.

Insurer reconsiders, pays $2.5M claim of Joplin tornado hero via IFAwebnews.

18 state groups collect Big I Excellence in Insurance Education Awards

Bob Graham — Tue, 18 Oct 2011 08:46:50 +0000

The Independent Insurance Agents & Brokers of America (Big I) recently recognized 18 independent insurance agent associations with Excellence in Insurance Education Awards at its education convocation in Minneapolis, Minn.

18 state groups collect Big I Excellence in Insurance Education Awards via IFAwebnews.

Judge frees U.S. from having to pay $750,000 for crashed Ferrari

Bob Graham — Wed, 12 Oct 2011 03:22:07 +0000

A federal judge in Detroit dismissed a suit against the U.S. government, seeking payment for the loss of a $750,000 Ferrari crashed by an FBI agent.

Judge frees U.S. from having to pay $750,000 for crashed Ferrari via IFAwebnews.