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@OFIS - New Insurance Company Searchable Database

Contact:  OFIS (Toll Free)1- 877-999-6442
Agency: Financial and Insurance Regulation


FOR IMMEDIATE RELEASE: February 26, 2002

www.michigan.gov/ofis- link from "Insurance Entity Locator"

(LANSING, MI) - The Michigan Office of Financial and Insurance Services (OFIS) today announced improvements in insurance company data available on the web.

"The OFIS web site now has a searchable database with information on any insurance company licensed to do business in Michigan," said OFIS Commissioner Frank M. Fitzgerald. "The web site continues to offer a large amount of information about insurance companies in Michigan - including complaint ratios, enforcement actions, and the Health Maintenance Organization (HMO) Consumer Guide."

The searchable database allows you to look up insurance companies by type of entity or by name. By selecting an entity, you can view address, contact, historical name, and stockholder/mutual status information. Link directly to the insurance company searchable database at www.cis.state.mi.us/fis/ind_srch/ins_comp/
insurance_company_criteria.asp
.

Additional insurance information can be found at:

The information listed above is also available by contacting OFIS toll free at (877) 999-6442.

###

The Michigan Office of Financial and Insurance Services (OFIS) is responsible for the regulation of Blue Cross Blue Shield, 29 HMOs, 145 banks, 175 domestic insurance companies, 291 credit unions, 1,300 foreign insurance companies, 1,583 investment advisers, 2,164 securities broker-dealers, 6,000 consumer finance lenders, 89,000 insurance agents, and 120,715 securities agents. OFIS is part of the Department of Consumer and Industry Services and is primarily fee-funded, requiring minimal public tax dollars for its regulatory and consumer assistance activities. OFIS has insurance, financial institutions and securities information available online at the OFIS web site, www.michigan.gov/ofis, or at the Michigan government home page, www.michigan.gov. All information is also available through the OFIS toll free number, (877) 999-6442.

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