Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
People Moves: Sompo Int’l Promotes Hyland to President of North America Reinsurance, Succeeding Hanke; Kegel Appointed Managing Director, DUAL Benelux
Apr 17 2023 // Sompo Int’l Promotes Hyland to President of N. America Reinsurance, Succeeding Hanke Sompo International, the Bermuda-based provider of commercial and consumer property and casualty re/insurance, announced the...
For Arrested Ringleader, Stealing Catalytic Converters Is Full-Time Job, Police Say
Apr 13 2023 // Seven members of an organized theft crew were arrested yesterday and charged in connection with stealing catalytic converters from more than 470 vehicles in Massachusetts and New Hampshire. For the alleged ringleader,...
Massachusetts Approves 10.2% Workers’ Compensation Rate Cut
Apr 6 2023 // Massachusetts workers’ compensation rates will fall an average 10.2% starting July 1, a considerably bigger reduction than the industry recommended. Insurance Commissioner Gary Anderson signed off on the cut that...
P/C Carriers Losing Ground to MGAs in Talent War
Apr 3 2023 // During a webinar about an insurance industry labor market survey, an industry recruiter said insurance carriers are losing ground to managing general agents in the war for talent. “On the property and casualty side,...
The Talent Crunch Is Poised to Get Much, Much Tougher: Here’s How to Win
Apr 3 2023 // I recently participated in a discussion on agency challenges for a major commercial property/casualty carrier. When asked about their challenges, every single agency owner cited talent as their number one challenge....
How a Labor Supplier and Insurance Broker Schemed to Evade Workers’ Compensation
Mar 30 2023 // An unlicensed labor broker for the construction industry has pleaded guilty to participating in a fraud scheme in order to evade more than $1 million in workers’ compensation premiums. According to Manhattan...
Wreckage Complicates Job of Investigators of Chocolate Factory Deadly Blast
Mar 29 2023 // Investigators looking for the cause of a deadly explosion that leveled part of a Pennsylvania chocolate factory faced an even more difficult task Monday as they combed through wreckage that was extensively picked apart and...
People Moves: Alera Group Names Ballantyne Managing Director of West Region
Mar 29 2023 // Alera Group has appointed Cynthia Ballantyne as managing director of the West region. The West region includes 18 offices, 36 locations and 600 employees across California, Arizona and Nevada. Ballantyne joined Deerfield,...
Workers’ Compensation Must Reimburse for Medical Marijuana Costs in Pennsylvania
Mar 21 2023 // Injured workers in Pennsylvania are entitled to be reimbursed for medical marijuana costs under the state’s workers’ compensation law. The Commonwealth Court of Pennsylvania has ruled that while the Medical...
Midwest Meat Plant Cleaning Service Fined $1.5M for Hiring Minors
Mar 20 2023 // One of the country’s largest cleaning services for food processing companies employed more than 100 children in dangerous jobs at 13 meatpacking plants across the country, the U.S. Department of Labor said in early...
Looking for a meaningful and impactful career? Commercial insurance may be the answer.
Mar 17 2023 // This post is part of a series sponsored by IAT Insurance Group. As today’s workforce seeks to partner with organizations that reflect their values, commercial insurance emerges as the unsuspected dark horse. Yeah,...
Attorney General Names Turkel to Head Sept. 11th Victim Compensation Fund
Mar 13 2023 // Attorney General Merrick B. Garland has chosen Allison Turkel to head the September 11th Victim Compensation Fund (VCF). Turkel, who has served in the Justice Department for more than 14 years, most recently in the Office...
Mosaic Insurance Opens Singapore Office, Hiring 2 Specialty Underwriters
Mar 13 2023 // Mosaic Insurance has opened an office in Singapore and hired two specialty underwriters to build its transactional liability business across the Asia-Pacific region. Benn Wilson will serve as regional CEO, and head of Asia...
Finance Firms Managing $136T in Assets Urge Boards for More Environmental Data
Mar 13 2023 // Financial institutions managing $136 trillion in assets will this week call on companies to share more data on their environmental impact, the chair of disclosure platform CDP told Reuters. In a letter to the boards of...
Lloyd’s Third-Party Managing-Agent Asta Opens Service Company in Singapore
Mar 10 2023 // Asta, the leading third-party managing agent at Lloyd’s, announced it is strengthening its global presence by establishing a service company in Singapore. With the Asian market presenting extensive opportunities,...
P/C Carriers Losing Ground to MGAs in Talent War
Mar 6 2023 // During a webinar about an insurance industry labor market survey last month, an industry recruiter said that insurance carriers are losing ground to managing general agents in the war for talent. “On the property and...
Stock Ownership Versus Deferred Compensation
Mar 6 2023 // One of the topics an agency owner will often have to discuss with a new or existing producer will be “ownership.” When we ask a producer what they mean by ownership, stock ownership is often what comes to their...
Takeaways from Our Conversation on the Best Position to Start an Insuring Cannabis Career
Feb 24 2023 // Powered by InsuranceJournal.tv The best position that promises the most growth and best opportunities from which to launch a budding insuring cannabis career is? Broker? Claims professional? An informal poll conducted on...
A Pivot to People: Overcoming the Talent Crisis in Commercial P&C Underwriting
Feb 23 2023 // This post is part of a series sponsored by Insurance Quantified. Across the insurance landscape, commercial P&C firms are facing a host of challenges when it comes to underwriting talent. Rapid shifts in the makeup of...
When ‘Preparing for Work’ Falls Under Virginia Workers’ Compensation
Feb 23 2023 // An employee who was injured while scraping ice off his company-owned truck parked at his home is entitled to workers’ compensation benefits, the Virginia Workers Compensation Commission has ruled, reversing a deputy...
