Accident Fund Holdings Receives Governor's Award for Historic Preservation

May 04, 2011, 12:00 ET from Accident Fund Holdings, Inc.

LANSING, Mich., May 4, 2011 /PRNewswire/ -- Accident Fund Holdings, Inc., was honored this morning by the Michigan State Housing Development Authority and the authority's State Historic Preservation Office with a Governor's Awards for Historic Preservation for the rehabilitation of the historic Board of Water & Light Ottawa Street Power Station building in order to turn it into the new Accident Fund national headquarters.

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On May 4, 2011, community leaders and guests attended this annual celebration held at the Michigan State Capitol Rotunda.  In addition to Accident Fund, The Christman Company, Lansing Board of Water & Light, The City of Lansing and Lansing Economic Development Corporation, HOK Architects and Quinn Evans Architects were also honored for their work on this project.

Each year, the State Historic Preservation Office and the State Historic Preservation Review Board identify worthy recipients to receive the Governor's Awards for Historic Preservation, which are presented in May during National Historic Preservation Month.  The awards recognize homeowners who rehabilitate their homes, developers who transform underutilized historic structures into vital economic assets, academic institutions, archaeologists, nonprofits, and local governments, among others, who strive to preserve Michigan's important historic and cultural resources.

"I want to sincerely thank Governor Snyder, MSHDA and the State Historic Preservation Office for honoring Accident Fund with this award," Liz Haar, president and CEO of Accident Fund Holdings, Inc., said.  "We truly appreciate this recognition and are grateful to have worked with such great partners to bring an old power plant back to life in the form of Accident Fund's new national headquarters, while simultaneously creating an anchor for future development on downtown Lansing's riverfront."

Historic structures and archaeological sites tell us about the past and help us maintain Michigan's unique identity.  The preservation of these sites is key to Michigan's overall revitalization as a place where people want to work, live and spend their leisure time.

"It has been exciting to watch the transformation of the Ottawa Street Power Station from a cavernous, utilitarian structure to a beautiful office building that now houses hundreds of Accident Fund employees," Brian D. Conway, State Historic Preservation Officer, said.  "The rehabilitation of this iconic building demonstrates the incredible impact historic preservation has on communities both economically and by creating an environment where people want to be, as well as showing that historic buildings can be repurposed for a contemporary use and continue to contribute to community identity."

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Accident Fund Holdings, Inc.

Accident Fund Holdings, Inc. is a workers compensation insurance holding company conducting business through four operating units: Accident Fund Companies, located in Lansing, Michigan; United Heartland, located in New Berlin, Wisconsin; CompWest, located in San Francisco, California; and Third Coast Underwriters, located in Chicago, Illinois. Its insurance company subsidiaries are rated "A" (Excellent) by A.M. Best.  Accident Fund Holdings is a wholly-owned subsidiary of Blue Cross Blue Shield of Michigan.

SOURCE Accident Fund Holdings, Inc.