Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
Mississippi House, Senate Divided Over Workers’ Compensation Changes
Mar 16 2012 // The Mississippi Legislature is split on a bill that would make changes to the state’s workers’ compensation law. Opponents say it would tilt the scales against workers, but proponents say it would return...
RIMS Commends N.Y. Broker Compensation Disclosure Ruling
Mar 15 2012 // The Risk & Insurance Management Society is applauding the New York appeals court for upholding the broker disclosure rule. “Consumers deserve the same transparency and information from their insurance brokers...
How Workers’ Compensation Fared in 2012 Florida Legislature
Mar 15 2012 // While their debates over property insurance and no-fault auto insurance consumed the attention of state officials and the media, Florida lawmakers were quietly dealing with several other insurance issues including...
Vicarious Liability Ruling May Impact Education Insureds in California
Mar 14 2012 // The California Supreme Court ruled that a public school district may be vicariously liable for the negligent hiring, retention and supervision of a guidance counselor who allegedly sexually abused a student. And that...
FastComp.com Adds Workers’ Compensation Coverage in Ten States
Mar 14 2012 // Ten new states now have access to workers’ compensation coverage from FastComp.com. The states are Kansas, Michigan, Minnesota, Montana, Nebraska, Nevada, Oklahoma, Oregon, Rhode Island and Utah. The product is now...
Workers’ Compensation Bill Sent to Missouri Governor
Mar 9 2012 // Lawmakers gave final approval on March 7 to legislation that would expand the type of ailments covered by the state workers’ compensation system, a move that supporters hope will make Missouri more attractive to...
Arrowhead Names McIntosh AVP of Workers Compensation in Northern California
Mar 9 2012 // San Diego, Calif.-based Arrowhead Wholesale Insurance Services named Tony McIntosh assistant vice president of its worker’s compensation practice in Northern California. McIntosh, who will be headquartered in Bencia,...
IAG to Restructure CGU Operations; 600 Jobs to Go
Mar 9 2012 // Insurance Australia Group Limited (IAG) announced that it is restructuring its “operating model” for its Australia Intermediated business, CGU. The changes are aimed at generating “annual cost savings of...
Captives Bring Premium Dollars and Jobs to Missouri
Mar 9 2012 // When it comes to the captive insurance industry, slow and steady growth is just fine with the state of Missouri. But it’s not like the state is reluctant to encourage captives to form or relocate there. Far from...
K&B Introduces Workers’ Compensation Program
Mar 7 2012 // K&B Underwriters has launched a new workers’ compensation product in collaboration with SeaBright Insurance Co. The carrier will bring a claims handling and loss control program to K&B’s senior living...
Florida House OKs 3 Victim Compensation Measures Worth Millions
Mar 7 2012 // Three high-profile claims bills that would let victims of governmental negligence receive millions in compensation cleared the Florida House on Monday. The bills now go to the Senate. One bill (SB 4) would require that an...
Markel International Acquires UK Managing Agent Quay Underwriting
Mar 6 2012 // Markel International announced from its London headquarters that it has acquired the portfolio of business of Quay Underwriting (QU), a managing agent based in Dorset. Markel said QU “provides a wide range of...
What Steve Jobs Would Do in Insurance
Mar 5 2012 // After reading Walter Isaacson’s great book about Steve Jobs, I began to imagine: What would Steve Jobs do if he were running an insurance agency? The first obstacle I thought about was that Steve Jobs could not do it...
Captives Bring Premium Dollars and Jobs to Missouri
Mar 5 2012 // The State Is Serious About Encouraging Captive Growth When it comes to the captive insurance industry, slow and steady growth is just fine with the state of Missouri. But it’s not like the state is reluctant to...
Social Recruiting: Branding Your Company as an Employer of Choice
Mar 5 2012 // Seventy-nine percent of companies are already using or planning to use social media in their business strategy. The No. 1 benefit organizations attribute to social media is increased awareness among target customers. Yet...
6 Things I Learned from Reading Steve Jobs Authorized Biography
Feb 24 2012 // The first lesson learned from Walter Issacson’s best-selling biography, Steve Jobs (Simon and Schuster), is that you should have started your agency in a garage with a guy called “Woz.” If you did, stop...
One-Armed Man Sues Starbucks For Not Hiring Him
Feb 23 2012 // A man who was born with half a left arm is suing Starbucks for failing to hire him as a barista. Eli Pierre sued the company in San Diego, Calif. two weeks ago for unspecified damages. Pierre says that during a Feb. 1...
Workers’ Compensation Cost Hike Sought in South Carolina
Feb 21 2012 // South Carolina employers could see their workers’ compensation premiums increase next year if state regulators go along with a proposed 7.3 percent increase in the state’s loss cost rates. The National Council...
Agency Compensation Expected to Rise in 2012: Ward Group
Feb 20 2012 // Contingent commission payouts to insurance agencies are estimated to be 12 percent higher in 2012 than 2011, a new study said. The study by the Ward Group also found that carriers are continuing to increase their volume...
Agency Compensation: A General Guideline With Common Sense
Feb 20 2012 // Personnel expenses remain the largest expense for any independent insurance agency today. Typically, personnel expenses account for about 50 percent to 70 percent of revenue. Therefore, smart agency owners should think...
