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Meadowbrook Insurance Group Inc. (MIG)

5.94 Down 0.12(1.98%) 4:04PM EDT
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Meadowbrook Insurance Group Inc.
26255 American Drive
Southfield, MI 48034
United States - Map
Phone: 248-358-1100

Index Membership:N/A
Industry:Property & Casualty Insurance
Full Time Employees:954

Business Summary 

Meadowbrook Insurance Group, Inc. operates as a commercial insurance underwriter and insurance administration services company in the United States. The company markets and underwrites specialty property and casualty insurance programs and products on an admitted and non-admitted basis. It offers admitted programs that provide coverage for the food service industry, educators, physicians, agricultural businesses, and public entities; workers’ compensation insurance; and excess and surplus lines insurance for restaurants, bars/taverns, apartments, hotels/motels, and contractors’ liability. The company also provides non-admitted programs for pet-sitters, oil and gas contractors, and professional liability; and insurance programs for excess workers’ compensation, environmental, and marine markets. In addition, it offers program and product design, underwriting risk selection and policy issuance, claims administration and handling, and loss prevention and control services. Further, the company provides risk-bearing entities formation and administration services for clients and agents; and operates retail property and casualty insurance agencies that offer commercial, personal lines, life, and accident and health insurance. Meadowbrook Insurance Group, Inc. offers its products through a network of independent retail agents, wholesalers, program administrators, and general agents. The company was formerly known as Meadowbrook Insurance Agency. Meadowbrook Insurance Group, Inc. was founded in 1955 and is headquartered in Southfield, Michigan.

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Corporate Governance 
Meadowbrook Insurance Group Inc.’s ISS Governance QuickScore as of Sep 1, 2014 is 7. The pillar scores are Audit: 5; Board: 6; Shareholder Rights: 8; Compensation: 5.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Robert Samuel Cubbin , 56
Chief Exec. Officer, Pres and Director
Ms. Karen M. Spaun , 49
Chief Financial Officer, Chief Accounting Officer and Sr. VP
Mr. Michael G. Costello , 53
Sr. VP, Gen. Counsel and Sec.
Mr. James M. Mahoney , 63
Sr. VP of Field Operations
Mr. Christopher J. Timm , 57
Exec. VP
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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