Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
Best’s Managing Director-Europe: Solvency II is Coming to an Insurer near You
Oct 24 2011 // Stefan Holzberger, A.M. Best’s managing director-analytics, recently moved to London from the U.S. He is well placed to analyze the impact of the European Union’s Solvency II regulations, not only on the...
Senior Management Changes at Utah Workers Compensation Fund
Oct 18 2011 // Bob Short has been promoted from senior vice president of claims for Salt Lake City, Utah-based Workers Compensation Fund to executive vice president. Short joined WCF in 1993 as senior vice president of claims. Short is...
Report: Central Ohio Highway Work Means Jobs, Fewer Crashes
Oct 18 2011 // The state and local communities would gain about 1,000 jobs and millions in tax dollars with reconstruction of a major highway interchange in central Ohio, according to a report released as officials formally kicked off...
Workers’ Compensation Market Outlook Still Grim: A.M. Best
Oct 18 2011 // The U.S. workers’ compensation insurance segment continued to face competitive pricing, further rate decreases, weak macroeconomic factors, growing medical costs and an uptick in claim frequency during 2010. As a...
Oklahoma Workplace Deaths Up in 2010, as Jobs Added
Oct 17 2011 // Oklahoma workplace deaths rose 11 percent last year, but the increase was likely caused by people returning to work following the steep economic downturn of the year before, a federal official said. There were 91...
2,100 Jobs Lost in Insurance Industry in August
Oct 13 2011 // The latest U.S. jobs data show the insurance industry lost 2,100 jobs overall in August. The industry employs some 2,211,000 workers according to the latest numbers. The Insurance Information Institute reported that most...
Workers’ Compensation Rate Hike for Oregon
Sep 30 2011 // The Department of Consumer and Business Services announced the pure premium rate for workers’ compensation will increase 1.9 percent starting in 2012, the first rate hike in Oregon in more than 20 years. The decision...
87 Firefighers Died on the Job in 2010; 56 Were Volunteers
Sep 27 2011 // Eighty-seven on-duty firefighters from 31 states lost their lives as the result of 83 fatal incidents that occurred in 2010. Fifty-six of those who died were volunteer, not career, firefighters. This is the second...
Lloyd’s Bolt: Offshore Energy Underwriters Aren’t ‘Robustly Managing Risks’
Sep 21 2011 // In a keynote speech at the annual Houston Marine Insurance Seminar Tom Bolt, Lloyd’s Director of Performance Management, told an audience of energy insurers that he is not convinced offshore energy underwriters are...
How to Recruit for the Perfect Culture Fit
Sep 19 2011 // Positive Work Environments Generate Lower Turnover Rates, Higher Employee Productivity Sometimes a candidate is perfect on paper but turns out to be completely wrong for the position. As the saying goes, you can’t...
Value in Hiring a Conservator
Sep 19 2011 // There are several ways a conservator can assist claim adjusters in evaluating fine art and collectible losses. Becker points out that conservators can do the following: Identify pre- versus post-loss damages; Identify...
N.Y. Agents Appeal Compensation Disclosure Ruling
Sep 19 2011 // Two agent groups in New York have filed a formal appeal of a trial court ruling that upheld a controversial state regulation requiring insurance producers to disclose their compensation. The Independent Insurance Agents...
30 Ousted Workers’ Comp Arbitrators Still on Job in Illinois
Sep 15 2011 // Thirty Illinois Workers’ Compensation Commission arbitrators whose terms were ended by the governor in July are still on the job and are getting paid. The Belleville News-Democrat reports that the arbitrators are...
UK Managing General Agents Launch Official Representative Association
Sep 9 2011 // The Managing General Agents’ Association (MGAA), a non-profit making organization founded to represent UK Managing General Agents, was officially launched on the 1st of September with an initial 40 Full Members...
California Supreme Court Rules on Workers’ Compensation Payment Increases
Sep 5 2011 // The California Supreme Court has ruled that cost of living adjustments in total permanent disability cases are to be calculated starting the Jan. 1 after the injured worker started collecting his or her payments. The...
California High Court Rejections of Appeals Expected to Raise Costs for Workers’ Compensation System
Sep 5 2011 // The California Supreme Court has refused to hear several appeals on cases this year that threaten to bring higher costs for workers’ compensation and greater uncertainty for insurers. The Supreme Court announced on...
Most Doctors Sued Sometime in Career
Sep 5 2011 // A new study published in the New England Journal of Medicine says that one in 14 doctors faces a malpractice suit every year. Moreover, almost every physician will face a malpractice suit — or more than one — during...
Top 25 Workers’ Compensation Insurers
Sep 5 2011 // Based on Premium Growth From June 30, 2011 vs. June 30, 2010 On Aug. 16, 2011, The National Academy of Social Insurance reported that “the number of workers covered by workers’ compensation dropped by 4.4...
Workers’ Comp Rate Discount Part of Ohio Job Creation Plan
Sep 5 2011 // The Ohio Bureau of Workers’ Compensation has proposed an economic development initiative that would offer workers’ compensation premium discounts to new employers in the state. With the goal of creating jobs,...
IIABNY, CIBGNY File Appeal of Producer Compensation Disclosure Regulation
Sep 2 2011 // The Independent Insurance Agents & Brokers of New York and the Council of Insurance Brokers of Greater New York have filed a formal appeal of a trial court ruling that upheld a controversial state regulation. Attorneys...
