News Currents
Mich. study: Industry can be key player in economic recovery The results of a new study indicate that the insurance industry will lead the state in job creation in the coming decade, resulting in more than 16,000 total new jobs …
My New Markets
Privacy Protection Nuts & Bolts: ELM Insurance is offering privacy protection coverage for electronic and non-electronic security events, including phishing, social engineering and physical theft. Sub-limited coverage for 1798* security breach; breach of statute including HIPAA (Health Insurance Portability and …
In Wis., adult children can collect for suffering in wrongful death suits
Adult children whose parents die can collect damages for pain and suffering in wrongful death lawsuits, a state appeals court ruled on May 31. Madison-based American Family Insurance had argued that only minor children could recover damages for loss of …
Michigan insurance industry data
• The insurance industry in Michigan employs more than 111,000 people through insurance carriers, agencies, and brokerages and related services. • For every three people employed by the insurance industry, one additional job is created elsewhere in the state’s economy. …
Editor’s Note: Consumer education still needed
An education isn’t how much you have committed to memory, or even how much you know. It’s being able to differentiate between what you do know and what you don’t. — Anatole France (1844 – 1924) Apparently, when it comes …
News Currents
Businesses protest N.Y.’s ‘scaffold law’ as session nears end With the New York Legislature set to adjourn on June 21, business associations and groups representing the state’s agriculture and construction industries again urged Gov. Eliot Spitzer and state legislators to …
Editor’s Note: 5 steps to safety
With experts predicting an active hurricane season this year, it is more important than ever for homeowners to guard against property damage from storms and take the proper precautions to reduce that damage. That’s according to the Insurance Information Institute …
People
Gregg Effner has joined The Main Street America Group as assistant vice president of distribution management. Effner will be based at the headquarters in Jacksonville, Fla., and report to Doug Eden, senior vice president of field operations. In this newly …
Declarations
Declarations 21st Century “The financial world has changed and we must change with it to retain our leadership position. This panel will help the state bring its regulatory structure into the 21st Century, encouraging the use of cutting edge technology …
Business Moves
Blackstone Group, Alliant Alliant Insurance Services Inc., one of the nation’s largest insurance brokerage firms, announced that The Blackstone Group, in partnership with Alliant’s management and employees, will acquire the company from its current owners comprised of the investment firm …
