insurance

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Attempts to reform flood insurance in America are having serious repercussions. Homebuyers, sellers and others across the country are being  slammed with soaring increases in the cost of flood insurance.

In April, one of Lansing’s largest employers announced plans to bring 1,000 new jobs to the region.  Jackson National Life Insurance Company will spend more than $100-million to double the size of its headquarters in Alaeidon Township.  Construction could begin later this year, pending a number of regulatory steps.

Branding Lansing for insurance companies

May 6, 2013
Wikimedia Commons

Last week, company officials from Jackson National Life Insurance, alongside Gov. Rick Snyder and mayor Virg Bernero, announced a proposed $100-million expansion of its headquarters near Lansing. The project has rekindled an interesting discussion on marketing Lansing as a hub of the insurance industry.  Four insurers-Auto Owners, Jackson National, the Accident Fund and Farm Bureau Insurance-already employ at least 5,500 people in Lansing, according to the Lansing Economic Area Partnership.  The expansion plan, if it proceeds, would add about another 1,000.  

Judge Says Car Insurance Fund Records Are Public

Jan 2, 2013
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An insurance fund that charges Michigan drivers a fee to cover catastrophic injuries has been told to open its books to the public. 

WKAR file photo

Lieutenant Governor Brian Calley signed a bill into law Wednesday that will require insurance companies to cover childhood autism treatments.

A new policy at Michigan State University is generating heat at the state capitol.  

LANSING, MI (AP) - Gov. Rick Snyder is getting ready to sign bills aimed at saving Michigan employers money on unemployment insurance and worker's compensation benefits. 

He plans to sign the bills at a 3:05 p.m. Monday news conference.

The bills would further limit the ability of a person who was fired for cause or who may have left a job voluntarily from collecting jobless benefits.    

They would require some unemployed workers to take jobs after 10 weeks of benefits even if the jobs are outside the unemployed worker's previous experience or pay lower wages.    

Michigan Governor Rick Snyder's efforts to begin setting up a statewide health exchange as required by the federal health care law are hitting a snag. 

The GOP governor urged lawmakers in September to quickly pass bills allowing the state to tap federal funds to set up the exchange. He says the federal government will step in with its own plan if Michigan doesn't have one in place by January 2013. 

GOP House Speaker Jase Bolger wants to wait until the U.S. Supreme Court decides next summer if the federal health care law should stand before setting up an exchange.