Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
N.Y. State Compensation Fund Steadies the Market
Jun 16 2004 // Since its founding in 1914, the New York State Insurance Fund (NYSIF) has been focused on providing a workers’ compensation market for small to medium sized accounts. NYSIF has not been involved with big corporate...
FGIC Appoints Velins London Managing Director
Jun 11 2004 // Financial Guaranty Insurance Co. announced that Robert Velins has joined the company as Managing Director, International Finance, effective June 1. He is based in London and has primary responsibility for FGIC’s...
MarketScout: Robust Competition Across the Board with Reductions in Premiums, Brokers Compensation
Jun 10 2004 // Dallas-based MarketScout recently released its Market Barometer for May. Market Barometer for May MarketScout’s Market Barometer According to Richard Kerr, chairman and CEO, “The composite premium increase for...
Workers’ Compensation Legislative Reforms in California
Jun 7 2004 // Avoiding the Trap of Failed Promises After four months of debate and intense pressure from the business community, the California Legislature and Governor Arnold Schwarzenegger approved a comprehensive workers’...
Managing Patient Expectations Key to Reducing Malpractice Risk
Jun 7 2004 // While insurers and lawyers groups have debated the merits of capping medical malpractice awards in the statehouses and on Capitol Hill, the reality of soaring jury awards, insurance premiums and seemingly out-of-control...
Utah’s Workers Compensation Fund Announces $20 Million Dividend
Jun 2 2004 // Salt Lake City-based Workers Compensation Fund announced that it will pay dividends totaling $20 million to policyholders this year. All eligible policyholders, regardless of company or policy size, will receive a portion...
Daneri Named Chief Legal Counsel For State Compensation Insurance Fund
May 21 2004 // San Francisco-based State Compensation Insurance Fund -California’s largest workers’ compensation insurance carrier – has appointed Robert W. Daneri as chief counsel. Daneri had served as assistant chief...
U.K. Survey Finds Compensation Culture Concerns
May 19 2004 // A recent survey commissioned by Norwich Union, a division of the Aviva group, and the U.K.’s largest b general insurer, has concluded that the “compensation culture,” i.e. the unbridled tendency to file a...
Chubb Latest to Face N.Y. Probe of Compensation Pacts
May 18 2004 // The Chubb Corporation in Warren, N.J. has received a subpoena seeking information regarding certain compensation agreements between insurance brokers and Chubb’s insurance companies from the New York Attorney General...
California’s Workers’ Compensation Problem – The Hidden Cause
May 17 2004 // Most, if not all, of work done over the past year on workers’ compensation reform has been directed at symptoms and not causes. The true cause of the workers’ compensation problem is poor employer management...
S&P Report Warns Calif. Workers’ Compensation More Precarious Now
May 3 2004 // West News • April 14 “The taxpayers of California will ultimately face the financial consequences should the SCIF be in financial trouble or fail. There is no excuse for SCIF not having an A.M. Best rating. Rather...
California DOI Improves Efforts to Combat Workers’ Compensation Fraud
Apr 29 2004 // Since taking office in January, 2003, Insurance Commissioner John Garamendi has worked vigorously to spur reform of the state’s broken workers’ compensation system. A top priority has been the effort to fight...
Montana Workers’ Compensation State Fund Adopts MDA Guidelines
Apr 28 2004 // Reed Group announced that Montana State Fund (MSF) has adopted “The Medical Disability Advisor” (MDA), for use in their claims management processes. The MSF’s medical and non-medical staff will use the...
AIA Welcomes Hoch As Director of California’s Division of Workers’ Compensation
Apr 27 2004 // The American Insurance Association (AIA) welcomed the April 26 appointment of Andrea Hoch as director of the California Division of Workers’ Compensation (DWC). Gov. Arnold Schwarzenegger (R) announced his...
CDI Announces Online Workers’ Compensation Rate Comparison Tool
Apr 27 2004 // Insurance Commissioner John Garamendi announced Tuesday the launch of an online comparison tool listing rates of the top 50 workers’ compensation insurers in the California market. The feature, at...
N.Y. Attorney General Spitzer Targets Insurance Broker Compensation Agreements
Apr 23 2004 // Marsh& McLennan, Willis Group and Aon Corporation have confirmed that they have received subpoenas from New York Attorney General Eliot Spitzer. The subpoenas are seeking information as part of a preliminary inquiry...
Garamendi, CDI File Lawsuit Against State Compensation Insurance Fund
Apr 19 2004 // Insurance Commissioner John Garamendi and the California Department of Insurance (CDI) filed a suit against State Compensation Insurance Fund (State Fund), California’s workers’ comp insurer of last resort, in...
Workers’ Compensation – Small- to Mid-Size Employer
Apr 19 2004 // Nuts & Bolts: Insurex Inc. and Frontier General announce the release of a new workers’ compensation product in California with ACE Casualty Risk, a division of ACE USA. The new product launched is called ACE...
ACE USA Makes Available Defense Base Act Workers’ Comp Coverage for Overseas Jobs
Apr 16 2004 // ACE US International, a unit of ACE USA-the U.S.-based retail operating division of The ACE Group of Companies- is offering coverage for Defense Base Act (DBA) workers’ compensation exposures for prime contractors...
Lawmakers See Possible Vote April 16 on Workers’ Compensation Plan
Apr 15 2004 // Gov. Arnold Schwarzenegger blamed attorneys for the “two or three sticking points” that loom over negotiations on a workers’ compensation insurance reform bill. “Every time we get language, the...
