Tennessee News

Brooke Corp.’s Prospective Buyers Say ‘No’ to Deal

Company Declares Bankruptcy Kansas-based Brooke Corp. has laid off most of its staff after prospective buyers withdrew an offer to purchase the financial services holding company. The Overland Park-based company and Brooke Capital Corp. filed for Chapter 11 bankruptcy protection …

Brooke Corp. Troubles Continue as Stock is Sold

Kansas Franchise Group Faces Lawsuits in Multiple States Amid the flurry of lawsuits leveled by franchisees, now an Illinois company connected to a bank involved in the lawsuit of the parent company of Brooke Corp. has taken control of 44.3 …

New Markets

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Insurance Industry’s Political Contributions to Democrats Spike in 2008

Political contributions to Democratic candidates in the 2008 election spiked more than 10 percent overall, according to data from the Center for Responsive Politics, a nonpartisan, independent research group that tracks money in U.S. politics and its effect on elections. …

Gallagher Joins WorkCompEdge as Contributor

Michigan-based commercial insurance broker and consultant Maureen Gallagher has joined WorkCompEdge as a contributor, announced Kory Wells, WorkCompEdge blog editor and director of product development for Specific Software Solutions. In this role, Gallagher will provide commentary and in-depth analysis on …

Group Rates States on Consumer Insurance Information on Web

A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with only six states doing an excellent job. State insurance department websites in 6 states were found to be “excellent” in …

Voters Shuffle Deck of State Legislatures; Both Parties Claim Gains

Voters on Tuesday left their mark on the state political landscape, shifting the partisan control of state government in a dozen states. According to the National Conference of State Legislatures, Democrats gained control of both houses in four state legislatures–Delaware, …

Mock Disaster Reveals Preparedness of Kentucky Miners

Recently, miners at Mosley Spur Mine in Middlesboro, Ky. took steps to ensure that if there is ever an emergency, they will be prepared. “I don’t know if you can ever be fully prepared (for a disaster),” said Bell County …

Tennessee-based Unum Releases Buyers Study Findings

Headquartered in Chattanooga, Tenn., Unum unveiled findings of its 2008 Buyers Study, saying the role employee benefits play in protecting the financial stability of workers and their families is often overlooked. One half of all bankruptcies are attributed to illness, …

Small Earthquake Reported in East Tennessee

The U.S. Geological Survey reported a small earthquake occurred in East Tennessee, but emergency officials say no damage has been reported. The agency recorded the earthquake was centered near Maryville and occurred at about 12:30 p.m. on Oct. 31, registering …