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Michigan Automobile and Home Insurance Consumer Advocate Named as NAIC Consumer Liaison Representative
March 12, 2010 Posted by Michigan RealEstateRama
March 12, 2010 - (RealEstateRama) — Today, during National Consumer Protection Week, Michigan’s Automobile and Home Insurance Consumer Advocate Melvin Butch Hollowell announced he has been appointed by the National Association of Insurance Commissioners (NAIC) to the position of Consumer Liaison Representative. The NAIC has also listed Hollowell in its newly-created Consumer Expert Database
OFIR Shuts Down Fake Detroit Mortgage Company
February 4, 2010 Posted by Michigan RealEstateRama
LANSING, MI - February 4, 2010 - (RealEstateRama) — The Office of Financial and Insurance Regulation (OFIR) shut down an operation claiming to be a Detroit-based mortgage company called “Kenneth and Doyle Financial” by ordering it to cease and desist from doing business. OFIR believes that Kenneth, through its website, was posing as a legitimate mortgage company in an attempt to steal consumers’ money and identity. The fraudulent company was encouraging customers to apply for loans by providing personal information including social security and financial account numbers.
House Votes to Add 20 Weeks for Michigan Unemployment Insurance
November 6, 2009 Posted by Michigan RealEstateRama
Washington D.C. - November 6, 2009 - (RealEstateRama) — The House of Representatives today passed legislation which extends unemployment insurance up to 20 weeks for jobless workers who have exhausted their previous extensions. Additionally, the legislation extends and expands the availability of the homebuyer tax credit and provides tax relief for businesses hard hit by the recession. The Emergency Unemployment Compensation Extension Act passed by a vote of 403 to 12. The President is expected to sign the measure into law.
Michigan Automobile and Home Insurance Consumer Advocate Urges Michigan Supreme Court to Ban Use of Credit Scores
October 7, 2009 Posted by Michigan RealEstateRama
October 7, 2009 - (RealEstateRama) — Michigan’s Automobile and Home Insurance Consumer Advocate Melvin Butch Hollowell today urged the Michigan Supreme Court to affirm the state’s right to prohibit auto insurance companies from using occupation, education, and credit scores in setting auto insurance rates.
OFIR Protects Policyholders, Orders Insurers to File Home and Auto Insurance Contracts Prior to Use
June 4, 2009 Posted by Michigan RealEstateRama
LANSING, MI - June 4, 2009 - (RealEstateRama) — Office of Financial and Insurance Regulation (OFIR) Commissioner Ken Ross has ordered the state’s insurance companies to submit to OFIR, prior to use, all new or revised personal automobile and homeowner insurance documents and forms.
