Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
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’...
AIG Discloses $3 Million to be Paid in Deferred Compensation
Nov 19 2008 // American International Group Inc., the insurer getting a $152 billion federal bailout, in a regulatory filing late on Tuesday disclosed it would pay roughly $3 million to several executives under deferred compensation...
Principal Financial Declines Tax Breaks Connected to Iowa Jobs
Nov 19 2008 // Principal Financial Group Inc. will not pursue tax incentives tied to creating 900 jobs in Iowa. The Des Moines-based retirement, insurance and financial services company has notified the Iowa Department of Economic...
Florida Workers’ Compensation Insurers Seek 8.9% Rate Hike
Nov 17 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 it Friday, citing last month’s ruling. The justices...
Iroquois Expands Managing Partner’s Region to Kansas and Missouri
Nov 17 2008 // The Iroquois Group recently announced that Managing Partner Philip Dawson’s management responsibilities have been expanded to incorporate the states of Kansas and Missouri. He currently handles Iroquois’ Great...
Soft Market Challenges
Nov 16 2008 // Relationships, Recruiting, Training Key to Survival Soft market conditions could last for another nine months to five years, predict representatives from the agent, broker, carrier, reinsurance, and excess and surplus...
Soft Market Challenges
Nov 16 2008 // Relationships, Recruiting, Training Key to Survival Soft market conditions could last for another nine months to five years, predict representatives from the agent, broker, carrier, reinsurance, and excess and surplus...
Tough Economic Times Could Force Salary Freezes in Southern California
Nov 16 2008 // Given today’s tough economic times, most insurance agencies and carriers in the Southern California region are not planning to give their employees cost of living increases in 2009, although many companies have not...
AIG to Terminate Voluntary Deferred Compensation Plans
Nov 14 2008 // American International Group Inc. said on Friday that it is terminating 14 voluntary deferred compensation programs involving 5,600 employees and independent agents and representatives. Approximately $500 million in earned...
Hartford Insurance to Cut 500 Jobs
Nov 5 2008 // The Hartford says it will be cutting 500 jobs, citing losses in its investment portfolios and declining revenues. The Connecticut-based financial services company says the layoffs will include nearly 125 in the Hartford...
New York Appeals Court Upholds Workers’ Compensation Claim
Nov 3 2008 // A New York State appeals court has upheld workers’ compensation benefits for an illegal alien injured while working as a parking lot attendant despite falsely using another man’s identification. Benjamin Amoah,...
