The insurance industry in Michigan grew by double digits over a 13-year period and remains poised to grow even more with the cluster of talent based in the state. Those were among the conclusions in a new report that for the first time offers a broad look at the state’s insurance industry, which in 2018 accounted for 4.6 percent of Michigan’s gross domestic output, directly employed more than 80,000 people, and supported another 58,000 jobs indirectly through the purchase of goods and services.

Published in Finance

LANSING — A partnership between the state and an economic development organization for the Lansing area is providing an incubator and investment for high-tech, innovative insurance startups.

Published in Small Business

The Farm Bureau Insurance of Michigan announced Thursday that Don Simon will be replacing Jim Robinson as company CEO, effective upon Robinson’s retirement June 1.

Published in Breaking News

Michigan’s insurance industry should continue adding jobs in the years ahead, although it faces a tough issue that’s hitting many economic sectors today: attracting and competing for talent.

Published in Breaking News