Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
South Carolina Governor Presses for Workers’ Compensation Data
Jan 5 2009 // A federal judge has ordered lawyers seeking to prevent the release of information to South Carolina Gov. Mark Sanford on workers compensation awards and attorney fees to explain their stance. The State of Columbia reports...
Bell to Chair Arkansas Workers’ Compensation Commission
Jan 5 2009 // Arkansas Governor Mike Beebe will appoint Watson Bell of Searcy to chair the state’s Workers’ Compensation Commission, replacing Olan “Butch” Reeves of Bryant. Reeves will remain chairman of the WCC...
West Virginia Workers’ Compensation Writer BrickStreet Drops Policies
Jan 4 2009 // West Virginia’s BrickStreet Insurance is looking to trim costs in 2009 by dropping nearly 1,000 workers’ compensation policies its chief calls the worst of the worst. Greg Burton says the policies have brought...
Mississippi Police Station Closed Due to Lapsed Workers’ Compensation Policy
Dec 31 2008 // The Port Gibson, Mississippi Police Department was open Monday, three days after a payment lapse on an insurance policy forced its closure. Mayor Fred Reeves said the workers’ compensation insurance policy for Port...
U.S. Insurers Increasingly Outsourcing Actuarial Work to Overseas Talent
Dec 23 2008 // U.S. insurers and actuarial firms increasingly are outsourcing, offshoring, and importing actuarial talent from abroad, industry experts report. They are also learning that good management practices and an understanding of...
Oregon Doctors Win Workers Compensation Billing Dispute
Dec 22 2008 // Oregon doctors have won a major dispute with insurance companies over worker compensation billing. The state Workers Compensation Division has issued a permanent rule forbidding insurers from unilaterally taking discounts...
Former North Dakota Workers Compensation Director Convicted
Dec 22 2008 // North Dakota’s former workers compensation director has been convicted on the more serious of two felony charges that he misspent public funds. It carries a possible 10-year prison term. Sandy Blunt’s attorney,...
Ohio Senate Votes to Keep Workers’ Compensation Rating System
Dec 19 2008 // The Ohio Senate has signed off on preserving a workers’ compensation rate system that many businesses say is unfair and detrimental to the economy. The Senate voted 31-1 on Dec. 15 to preserve the current group...
Summit Releases Online Workers Compensation Tool for Southeast
Dec 18 2008 // Summit, a provider of workers’ compensation insurance services in the southeastern states, has released web-based WriteNow Risk Eligibility Tool, a complementary feature to the company’s WriteNow Online Quoting...
California Workers’ Compensation Premiums Down in 2008
Dec 16 2008 // The Workers’ Compensation Insurance Rating Bureau of California has completed its report summarizing insurer loss and premium experience through Sept. 30, 2008. WCIRB said: “California written premium (gross of...
Principal Financial to Cut 550 Jobs at Des Moines Headquarters
Dec 11 2008 // Des Moines-based Principal Financial Group Inc. says it is cutting 300 jobs at its headquarters and around 250 in 45 other locations. The insurance, banking, retirement and asset management company on Dec.9 blamed the cuts...
AXIS Capital to Acquire Managing General Agent Dexta
Dec 10 2008 // Bermuda-based AXIS Capital Holdings Limited announced that it has agreed to acquire the business and operations of Australian managing general agent Dexta Corporation Pty Ltd. from its shareholders, Ironbridge Capital,...
Job Injuries and Illnesses Requiring Days Off Decrease in Texas
Dec 10 2008 // Employers in private industry in Texas reported a total of 69,320 nonfatal occupational injuries and illnesses involving days away from work for 2007, according to the most recent data from the Bureau of Labor Statistics...
South Carolina Sees Slight Drop in Workers Compensation Costs
Dec 1 2008 // South Carolina businesses may see a break on workers’ compensation rates next year. The insurance industry’s National Council on Compensation Insurance told state regulators that loss costs — a key...
Virginia Sees Decline of On-The-Job Deaths
Dec 1 2008 // Fewer workers in Virginia are being killed while on the job. Federal figures released Monday show workplace fatalties declined by 15 percent, from 165 in 2006 to 141 in 2007. Highway accidents were the top cause of...
Employee Retention: A Best Bet in Any Economy
Nov 30 2008 // Employee retention programs drive better bottom line performance in growing and uncertain economies. In fact, engaging and rewarding employees with financial or non-financial awards are retention actions that can no longer...
Florida Workers’ Compensation Insurers Seek 8.9% Rate Hike Due to Court Ruling
Nov 30 2008 // A Florida Supreme Court ruling has resulted in a request to raise workers compensation rates by 8.9 percent. The National Council on Compensation Insurance filed the request, citing last month’s ruling in which...
Former Agent Ends His Second Career as Florida Gators’ ‘Two Bits’ Cheerleader
Nov 30 2008 // After more than 50 years of urging on Florida football fans, one the Gators most enthusiastic supporters is retiring. George E. Edmondson Jr., a retired insurance agent who is known to UF fans as Mr. Two-Bits, says...
CEO Gets $1 As AIG Adopts Salary Restrictions for Top Executives
Nov 25 2008 // American International Group, Inc. (AIG) announced voluntary restrictions on executive compensation that include a $1 salary for its chief executive officer; no 2008 annual bonuses and no salary increases through 2009 for...
Texas Seeks Suggestions for Workers’ Compensation Research Agenda
Nov 24 2008 // Texas House Bill (HB) 7 (79th Legislature, Regular Session, 2005) included a new Section 405.0026, Texas Labor Code, which requires the Commissioner of Insurance to adopt an annual research agenda for the Workers’...
