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On January 17, 2013, Governor Rick Snyder ordered that the Office of Financial and Insurance Regulation (OFIR) be transfer out of the Michigan Department of Licensing and Regulatory Affairs to form a new principal department, the Michigan Department of Insurance and Financial Services, effective March 19, 2013. [3]
Burns & Wilcox is an independent insurance wholesale broker and managing underwriter founded in 1969 by Herbert W. Kaufman. [1] Its corporate headquarters is located in Farmington Hills, Michigan. Burns & Wilcox, previously a public company, [2] is family run with Kaufman's son Alan Jay Kaufman serving as chairman, president, and CEO. [3]
Acrisure is a financial technology and insurance company headquartered in Grand Rapids, Michigan. The company was initially created to acquire insurance companies in the Midwestern United States and has since expanded nationally. In 2022, Business Insurance recognized Acrisure as the 6th largest insurance broker in the world. [1]
Minimum insurance requirements: Drivers must carry at least a minimum of 50/100/10 liability insurance, Personal Injury Protection (PIP) and Property Protection Insurance (PPI). The state’s ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
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Lockton is an American company that provides insurance, risk management, and employee benefits. It is the world's largest privately held insurance brokerage firm. [1] In addition to its Kansas City, Missouri headquarters, Lockton operates more than 130 offices and transacts business in more than 140 countries. Lockton currently employs more ...
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