Accident Fund

Last updated

Accident Fund Insurance
Company typeSubsidiary
Industry Insurance
Founded1912
Headquarters Lansing, Michigan
Key people
  • Lisa Corless (CEO)
  • Stephan Cooper (President, Workers' Compensation Division)
Products Workers' compensation
Number of employees
675
Parent Blue Cross Blue Shield of Michigan
Website www.accidentfund.com

Accident Fund Insurance Company of America is an American workers' compensation insurance company headquartered in Lansing, Michigan. The company is a member of AF Group, a provider of insurance. Insurance policies may be issued by any of the following companies within AF Group: Accident Fund Insurance Company of America, Accident Fund National Insurance Company, Accident Fund General Insurance Company, United Wisconsin Insurance Company, Third Coast Insurance Company or CompWest Insurance Company.

Contents

The company is led by Lisa Corless, President and CEO. [1]

History

Accident Fund was founded as a state operation in 1912. It was purchased by Blue Cross Blue Shield of Michigan in 1994. [2]

In April 2011, Accident Fund completed redevelopment of the Ottawa Street Power Station, an Art Deco landmark on the Grand River in downtown Lansing, Michigan, as its new corporate headquarters. [3]

In June 2024 the company was victim to a cyber attack breaching their information servers and compromising the data. [4] As of August 2024, the company is still undergoing processes to return to normal, and their services are still being disrupted. [5]

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References

  1. "Corless Promoted to AF Group Chief Executive Officer". PR Newswire (Press release). August 21, 2018. Archived from the original on July 17, 2024. Retrieved July 17, 2024.
  2. "History". Accident Fund Group. Archived from the original on August 12, 2020. Retrieved July 6, 2015.
  3. "Reigniting an Icon - Ottawa Street Power Station". WKAR . Archived from the original on August 7, 2017. Retrieved August 6, 2017.
  4. Shelton, Shajaka (July 12, 2024). "Insurance company confirms 'cyber security incident'". WLNS . Archived from the original on July 12, 2024. Retrieved August 16, 2024.
  5. "AF Group Site Status". Archived from the original on August 16, 2024. Retrieved August 16, 2024.