Insight News

Friday
Aug 28th

Business

Commerce Commissioner Mike Rothman announces $14 Million settlement with Prudential on unclaimed death benefits

Commerce Commissioner Mike Rothman signed a Resolution and Regulatory Settlement Agreement with Prudential Insurance Company today to ensure payment of due and payable proceeds from life insurance policies, annuity contracts, and retained asset accounts to Minnesota beneficiaries, and strengthened procedures to make sure policy holders and beneficiaries receive the unclaimed proceeds from these policies and contracts in a timely manner in the future.
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Rêve Academy: dreaming with direction

Rêve Academy: dreaming with directionThis summer, twelve kids from North Minneapolis will get together for ten weeks to create websites for local companies who need them AND these kids will launch a new retail concept. Yes, kids. These teens will bridge achievement gaps, demographic challenges and digital divides to get there, but they will get there. Rêve Academy, founded by Brad von Bank and Kristin Pardue, will provide the time, tools and training required to ensure these young people succeed. They know what it takes. Along with an expert team of teachers and mentors, these two have been using their corporate smarts to help Northside kids for a long time. And they plan to keep it going.
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Johnson launches campaign to end payday lending and encourage low interest rate borrowing alternatives

Johnson launches campaign to end payday lending and encourage low interest rate borrowing alternativesRobert L. Johnson, founder and chairman of The RLJ Companies announced plans for an education awareness campaign designed to convince minority organizations, elected officials, and public interest groups to support his proposal to end payday lending as we know it today and to encourage lending institutions to create lower interest borrowing solutions that will provide transparent and responsible lending options to meet the high demand and need for short term and emergency borrowing.
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Please accept my apologies

"I'm sorry." "I deeply regret what happened." "I apologize." "My bad." In business, everyone makes mistakes once or twice a week. Most go unnoticed, are quickly corrected if they're caught, and the corporate wheel keeps turning. The bigger mistakes come back to haunt, or bite, us, in which case an apology might be called for. Saying you're sorry is never anyone's idea of a good time.
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Employers must use Revised Form I-9, Employment Eligibility Verification: USCIS will no longer accept previous versions of Form I-9

WASHINGTON—U.S. Citizenship and Immigration Services (USCIS) reminds employers that beginning May 7, 2013 they must use the revised Form I-9, Employment Eligibility Verification (Revision 03/08/13)N for all new hires and reverifications. All employers are required to complete and retain a Form I-9 for each employee hired to work in the United States.
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Belva Rasmussen inducted into Hall of Fame

Belva Rasmussen inducted into Hall of FameBelva Rasmussen, Chair of Northeast Bank, was inducted into the inaugural Minnesota Women Business Owners Hall of Fame on Thursday, April 25. The Minnesota Women Business Owners Hall of Fame honors and recognizes Minnesota's female entrepreneurs and their advocates who have made significant and enduring contributions to impact women's entrepreneurial development in Minnesota. The official induction ceremony took place at Cargill World Headquarters and featured Roshini Rajkumar as the master of ceremonies.
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Before you click send

In my not-so-long ago younger days, it was good practice to "hold your tongue" or "count to ten" to avoid saying something ridiculous during a disagreement. The advice was useful, and many professionals will tell you that holding back, even momentarily, propelled them forward in their careers. You will rarely get fired for thinking before you speak.
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