Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
RELL PRESSURES METLIFE ON JOBS:
Apr 18 2005 // Connecticut Governor M. Jodi Rell said she is “extremely unhappy” as she learns more about the possibility of significant job losses resulting from MetLife’s planned acquisition of Travelers Life &...
Workers’ Compensation Reform: Good Medicine But No Cure
Apr 18 2005 // As every employer knows, Texas’ workers’ compensation system is sick. In fact, some say it’s on life support. The remedies offered by the two bills currently before the legislature–House Bill 7 and...
Insurer Group Files Lawsuit Against Texas Workers’ Compensation Commission
Apr 15 2005 // The Insurance Council of Texas reported it filed a lawsuit against the Texas Workers’ Compensation Commission challenging the agency’s proposed assessment of costly administrative penalties. ICT questions why...
Policymakers Urged to Weigh Cost of Consumer Regulation, Not Just Producer Compensation
Apr 14 2005 // Policymakers concerned that producer compensation practices might result in higher prices for insurance consumers should “pay attention to regulatory requirements that have had that effect for years,” according...
ATRA: Big Business of California’s Lawsuit Industry Costing Golden State Jobs
Apr 14 2005 // The American Tort Reform Association (ATRA) on Thursday applauded the Manhattan Institute’s Center for Legal Policy for exposing how plaintiffs’ lawyers are reportedly driving businesses and jobs from...
MetLife Buy of Travelers to Cost 600 Jobs
Apr 13 2005 // MetLife Inc., one of the nation’s largest insurers, revealed that it will cut 600 jobs within a year as part of its takeover of Travelers Life and Annuity. One hundred positions will be eliminated immediately and 500...
Best Affirms FSR for Accident Compensation Corp.
Apr 7 2005 // A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of Accident Compensation Corporation (ACC) (New Zealand). The rating outlook is stable. The rating reflects ACC’s unique status in the...
Aon Details Compensation for New CEO
Apr 5 2005 // The compensation committee of the board of directors of Chicago-based Aon Corp. as approved a grant of stock options and restricted stock units for its new president and CEO, Gregory C. Case. Case will receive: restricted...
NCOIL Approves Producer Compensation Disclosure Model Act
Apr 4 2005 // The approval of a revised producer compensation disclosure model act and a resolution calling on commissioners to oppose the application of Sarbanes-Oxley financial reporting requirements on nonpublicly traded insurance...
Conn. Gov. Rell ‘Unhappy’ Over Possible Big Job Losses from MetLife Buy of Travelers Life
Mar 30 2005 // Connecticut Governor M. Jodi Rell said today she is “extremely unhappy” as she learns more about the possibility of significant job losses resulting from MetLife’s planned acquisition of Travelers Life...
Insurers Consider NAIC Broker Compensation Disclosure Amendment Overbroad
Mar 28 2005 // The National Association of Mutual Insurance Companies (NAMIC) said it has sent a letter to NAIC President Diane Koken, who also serves as chair of the executive task force on broker activities, to reaffirm its view of the...
N.Y. Court Denies Workers’ Compensation Survivor Benefits for Same-Sex Partner
Mar 23 2005 // A New York man who sought workers’ compensation benefits after his same-sex partner of more than 20 years was killed in an airplane crash has been denied his claim. The Appellate Division of the Supreme Court of the...
Pennsylvania Keeps Its Workers’ Compensation Costs Under Control
Mar 21 2005 // Costs per workers’ compensation claim in Pennsylvania rose 6 percent between 2001 and 2002, according to a new report by the Cambridge, Mass.-based Workers Compensation Research Institute. This contrasts with more...
Main Street Matters
Mar 21 2005 // New York is one of the worst; New Jersey is also poor; Virginia remains among the best; Massachusetts and Maryland are looking better and better; Connecticut is holding steady, while Pennsylvania has some catching up to...
Workers’ Compensation: In-Between the Good, the Bad, and the Injuries
Mar 21 2005 // With overall claims frequency still on the decline and loss costs and rates relatively stable, the state of the workers’ compensation line nationwide continues to show positive signs of improvement. Nevertheless, the...
NCOIL Approves Producer Compensation Disclosure Model Act
Mar 21 2005 // The approval of a revised producer compensation disclosure model act and a resolution calling on commissioners to oppose the application of Sarbanes-Oxley financial reporting requirements on nonpublicly traded insurance...
Workers’ Comp Loss Prevention: Going Beyond the Safety Dance
Mar 21 2005 // You work hard, yet you’re frustrated. Why is your client still suffering from employee injury problems and escalating workers’ compensation insurance cost regardless of your efforts? So, is the solution to do...
Roofing Contractors, Workers’ Compensation Insurance and Profits
Mar 21 2005 // Making the Puzzle Pieces Fit Begin a conversation with any roofing contractor with the words workers’ comp insurance and profits in the same sentence and you’ll probably be met with a confused look. By all...
Conn. Commissioner Cogswell Holds Her Ground in Broker Compensation, Med-Mal Battles
Mar 16 2005 // “I’m willing to meet with just about anyone to sit down and discuss issues. That’s the most effective and efficient way to uncover and deal with problems.” Well, meet with almost anyone. Connecticut...
Capital One Expanding, Plans to Hire 150 New Agents
Mar 15 2005 // Capital One Insurance Services, formerly InsLogic, an insurance broker in Oak Ridge, Tenn. has put out a ‘Help Wanted’ sign and plans to triple its work force. Capital One Insurance was acquired in January by...
