Professional liability insurance

The Limited Liability Company (LLC) is the newest form of business legal structure that allows owners the protection from personal liability that is provided to the corporate structure and the pass-through taxation of the partnership. Laws regarding the LLC are evolving, and some issues are complicated. Most certainly, discuss this option with an attorney and/or an accountant to determine the best course of action for your business. An LLC has its own advantages and disadvantages Advantages *…

aspects of health care finance and delivery. The US spends more money on insurance than any other country. In fact, The Affordable Care Act was implemented to allow a market for people to have access to insurance at an affordable rate. To achieve the goal of universal coverage of health insurance the Patient Protection and Affordable Care Act was signed into law. The Affordable Care Act’s core achievement is to give health insurance to countless Americans, regardless of their income or health…

Rules Violations The commissioner may impose penalties for violation of the insurance laws (these include the unfair claims settlement practices rules). Penalties may be imposed against both insurers and agents. Insurer (Insurance Company) Penalties In addition to license revocation, suspension, or refusal to renew a license, the state insurance commissioner/director/administrator may fine an insurer violation of insurance rules and regulations. Producer Penalties The commissioner may…

Engineering Disasters One of the most famous engineers was Thomas Edison who famously stated that “ [he had] not failed, [he had discovered] 10,000 ways that did not work”. Despite Edison’s numerous failures, he eventually perfected his version of the light bulb, got it patented and proceeded to make his invention available to consumers. Edison’s approach illustrates the engineer’s ideal process, as he repeatedly tests and perfects the design of the desired result before releasing the result to…

that sum is extremely small. The probability of an athlete even making it to the professional level is slim to none. According to the NCAA there is a 0.03% chance of a high school athlete going to the pros. There is a 1.2% chance of a college athlete going pro (NCAA 1). Around the U.S. over 30 million children compete in youth sports. This shows how unlikely it is to make it into the elite community of professional sports (Weisenberger 1). The probabilities vary between different sports, but…

to strive in this field. You must attain a bachelor’s degree in chemical engineering as an educational requirement. The engineering program needs to be accredited by ABET. Proof of a passing score on Fundamentals of Engineering exam as well as Professional Engineering exam are highly encouraged. Skills needed include math, analytical, interpersonal and some…

function and production of the medical industry. Attending college, doing the internships to get clinical hours and often times working 12 hour shifts to bring home salary ranging from $45,630 to $66,220, doesn’t quite seem fitting (“Ferguson’s”). Professional athletes are not required to obtain any particular schooling nor maintain any standard academically. “Unless you’re finding a cure for cancer or creating world peace, I don’t know if anybody deserves to get that much money”, said Drew…

participation in class is essential to improve in these areas. Professors and fellow students are a great way to find advices and create great relationships. WCES will keep only those relationships that are healthy for their life as student by also as a professional engineer. Great relationships are the way to create a good study group. A study group is part of the college life. Groups are helpful; when you don’t understand something they can help each other. Study groups are just another way…

“NCAA Division I athletes still receive expert coaching (that could lead to a professional career as an athlete or as a coach), on-campus housing, frequent meals, non-uniform clothing, free medical consultation, free access to state-of-the-art training facilities and free professional development (media/public relations, life skills, networking, etc.).” ( Rick Burton). It is true that some college athletes get this kind of attention…

Every World cup fills fans with joy and hopefulness that their country can do them proud and for the top countries there is an unimaginable amount of pressure to win the tournament. The World cup has seen great players like Pele, Franz Beckenbauer, Zinedine Zidane, Diego Maradona and many others grace the tournament and win the competition, but not every world cup goes according to plan as underdogs can rip up the script and ruin what was meant to happen, In this article I will be discussing…