Economist Daniel Sutter says fire protection ratings show how markets can ensure the quality of our services. Photo by Connor Betts on Unsplash.
Troy’s fire department rating will improve this October, which should lower our insurance rates. Fire protection ratings show how markets can ensure the quality of our services. They also provide an example of value creation as opposed to compliance-driven documentation.
The Insurance Services Office’s (ISO) Fire Suppression Rating Schedule dates back to 1909. Insurance companies…
TROY's RMI Program innovations include study abroad trips that put students into the insurance industry.
Troy University’s Risk Management and Insurance Program has been recognized by the A.M. Best Company as one of the top 20 RMI programs in the country.
“Best’s Review” wanted to see which college programs were preparing students for a career in the industry. The company solicited responses from readers and industry professionals, who named 272…
TROY economist Daniel Sutter says hiring a professional for home improvements may be the more economical choice. (Photo by Taduuda on Unsplash)
Millions of Americans engage in do it yourself (DIY) home improvements. Each summer I choose a project, and about half of the time I actually do it. This year’s project is painting our house’s exterior windows and trim. And yet DIY produces professional angst for me as an economist, because core economic principles imply that…
Sorrell Solutions, LLC, a part of the College of Business, gives students real, hands-on experience providing business services for clients.
For Sven Aelterman, information technology director for Troy University’s Sorrell College of Business, the amount of business in Sorrell Solutions, LLC is just about right.
Currently, the non-profit company has just one client, Works!, an umbrella organization of medical providers running immunization clinics in schools.
“Sorrell Solutions provides business services,” Aelterman said. “That’s broad, but…
