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Accident Fund was founded as a state operation in 1912. It was purchased by Blue Cross Blue Shield of Michigan in 1994. [2]In April 2011, Accident Fund completed redevelopment of the Ottawa Street Power Station, an Art Deco landmark on the Grand River in downtown Lansing, Michigan, as its new corporate headquarters.
At Heartland, CEO Jared Carlson received a call from a representative of Wisconsin Reinsurance Corp. in June 2022, informing him that the company was dropping coverage. Wisconsin Reinsurance has ...
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 ...
The insurance business was first authorized and regulated in Wisconsin in 1870 (1870 Wisc. Act 56). The original law vested insurance regulation as a power of the Secretary of State of Wisconsin. These powers were transferred to a separate commissioner of insurance by an act of the Wisconsin Legislature in 1878 (1878 Wisc. Act 214).
The Workers' Accident Insurance system put into place by Otto von Bismarck in Germany in 1884 is often cited as a model for the rest of Europe and later the United States. [5] In the late 19th and early 20th century, U.S. policymakers, journalists, and social scientists convinced of the need for a compensation law disagreed over whether the ...
UnitedHealth Group issued a public notice about the February ransomware hack on its Change Healthcare unit on Thursday as part of its requirements to notify the estimated one-third of the country ...
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