Accident Fund

{{Short description|American workers' compensation insurance company}}

{{use mdy dates|date=July 2024}}

{{Infobox company

| name = Accident Fund Insurance

| logo = Accident Fund logo.png

| type = Subsidiary

| foundation = 1912

| location = Lansing, Michigan

| key_people = {{plainlist|

  • Lisa Corless (CEO)
  • Stephan Cooper (President, Workers' Compensation Division)}}

| area_served =

| industry = Insurance

| products = Workers' compensation

| num_employees = 675

| parent = Blue Cross Blue Shield of Michigan

| subsid =

| homepage = {{URL|http://www.accidentfund.com/}}

| footnotes =

}}

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.

The company is led by Lisa Corless, President and CEO.{{Cite press release |title=Corless Promoted to AF Group Chief Executive Officer |date=2018-08-21 |url=https://www.prnewswire.com/news-releases/corless-promoted-to-af-group-chief-executive-officer-300700220.html |language=en |access-date=2024-07-17 |url-status=live |archive-url=https://web.archive.org/web/20240717184519/https://www.prnewswire.com/news-releases/corless-promoted-to-af-group-chief-executive-officer-300700220.html |archive-date=July 17, 2024 |website=PR Newswire}}

History

Accident Fund was founded as a state operation in 1912. It was purchased by Blue Cross Blue Shield of Michigan in 1994.{{Cite web |title=History |url=https://www.afgroup.com/about-us/our-history/ |url-status=live |archive-url=https://web.archive.org/web/20200812065102/https://www.afgroup.com/about-us/our-history/ |archive-date=August 12, 2020 |access-date=July 6, 2015 |website=Accident Fund Group}}

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.{{Cite news |title=Reigniting an Icon - Ottawa Street Power Station |url=http://wkar.org/post/reigniting-icon-ottawa-street-power-station |url-status=live |archive-url=https://web.archive.org/web/20170807021026/http://wkar.org/post/reigniting-icon-ottawa-street-power-station |archive-date=August 7, 2017 |access-date=2017-08-06 |work=WKAR |language=en}}

In June 2024 the company was victim to a cyber attack breaching their information servers and compromising the data.{{Cite news |last=Shelton |first=Shajaka |date=2024-07-12 |title=Insurance company confirms 'cyber security incident' |url=https://www.wlns.com/news/insurance-company-confirms-cyber-security-incident/ |url-status=live |archive-url=https://web.archive.org/web/20240712213532/https://www.wlns.com/news/insurance-company-confirms-cyber-security-incident/ |archive-date=2024-07-12 |access-date=2024-08-16 |work=WLNS}} {{As of|2024|08}}, the company is still undergoing processes to return to normal, and their services are still being disrupted.{{Cite web |title=AF Group Site Status |url=https://afgroupmaintenance.com/afg-home-all.html |url-status=live |archive-url=https://web.archive.org/web/20240816212844/https://afgroupmaintenance.com/afg-home-all.html |archive-date=August 16, 2024 |access-date=2024-08-16}}

References

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