Mich. agents, S&L head toward court clash. (Michigan insurance agents, Ludington Savings Bank): An article from: National Underwriter Property & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on August 30, 1993. The length of the article is 825 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The Michigan Supreme Court, on Aug 20, 1993, agreed to hear an appeal for reversal of a lower court decision that would allow the Ludington Savings Bank (LSB) to acquire an insurance agency through its Ludington Savings Corp subsidiary. LSB's original petition was rejected by Acting Commissioner of Insurance Dhiraj Shah in 1989. Shah's ruling was upheld by a lower court when LSC brought suit in 1990 but was reversed by the Michigan Court of Appeals on May 18, 1992. The Professional Independent Insurance Agents of Michigan and the Michigan Assn of Life Underwriters joined Shah in requesting the appeal.

Citation Details
Title: Mich. agents, S&L head toward court clash. (Michigan insurance agents, Ludington Savings Bank)
Author: Colleen Mulcahy
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: August 30, 1993
Publisher: The National Underwriter Company
Issue: n35 Page: p13(2)

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