Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
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,...
California State Compensation Insurance Fund Opens Green Campus
Oct 29 2008 // California’s State Compensation Insurance Fund has opened a new green campus in Vacaville, Calif. The group said in a demonstration of its ongoing commitment to ensuring the health of California’s communities...
Storms Take Toll on Louisiana Nonfarm Jobs
Oct 29 2008 // Louisiana experienced a loss of 17,500 jobs in the seasonally adjusted number of nonfarm jobs from August to September 2008, the Louisiana Workforce Commission announced recently. However, the September nonfarm job total...
New York Hotel Worker Charged with Workers Compensation Fraud
Oct 28 2008 // A 49-year-old Nassau County, New York woman has been arrested on charges of fraudulently collecting $20,000 in workers’ compensation benefits, the New York State Insurance Department reported. Maria Escobar, of...
Survey: Insurance Agent Salaries Could Freeze in 2009
Oct 28 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...
Montpelier Re Forms Lloyd’s Managing Agent
Oct 24 2008 // Montpelier Re Holdings Ltd. announced that it has received approval from the UK’s Financial Services Authority (FSA) and Lloyd’s to establish a wholly owned Lloyd’s Managing Agent subsidiary. The new unit...
Loucaides Joins Lloyd’s Jubilee Managing Agency
Oct 21 2008 // Jubilee Managing Agency, a specialist Lloyd’s insurer, has announced the appointment of Andreas Loucaides, the former CEO of Catlin UK, as Director of Underwriting “to expand its portfolio and diversify its...
Beecher Carlson Names Levene Managing Director, Opens Dallas Office
Oct 20 2008 // Commercial insurance brokerage and risk management consultancy Beecher Carlson has appointed Steve Levene as managing director. Levene will establish an office in Dallas to expand Beecher Carlson’s footprint in...
