Monthly Archives: <span>June 2007</span>

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 …

Key employer advantages to Health Savings Accounts

After being available for four years, Health Savings Accounts (HSA) combined with a High Deductible Health Plan (HDHP) are finally catching on. A recent nationwide study indicated that 26 percent of U.S. companies with 500 or more employees are considering …

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. Unlike other …

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 by 2014, helping transition the state to a high-tech 21st …

My New Markets

Privacy Protection Nuts & Bolts: ELM Insurance is offering privacy protection coverage forelectronic 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 Account-ability …

People and Places

Kansas-based Brooke Franchise Corp., a subsidiary of Brooke Corp., elected Kyle L. Garst as its chairman and chief executive officer, and Dane S. Devlin as its president and chief operating officer. Garst was most recently national sales manager and senior …

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 to …

Key employer advantages to Health Savings Accounts

After being available for four years, Health Savings Accounts (HSA) combined with a High Deductible Health Plan (HDHP) are finally catching on. A recent nationwide study indicated that 26 percent of U.S. companies with 500 or more employees are considering …

Choosing a workers’ compensation network that fits

In 2005 the Texas Legislature passed a sweeping reform of the workers’ compensation system. Perhaps the most talked about aspect of the reform is the inclusion of health care provider networks. At last count the Texas Department of Insurance (TDI) …

Anatomy of a misunderstanding: Is Texas a direct-action state?

One of the hallmarks of Texas insurance law is that Texas, unlike Louisiana and a handful of other states, is not a “direct-action” state. This simply means that a third-party claimant/plaintiff cannot bring a lawsuit against the insurance company of …