Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
AIA Proposes New Tax Incentives to Bring Jobs To Colorado
Aug 29 2001 // On Aug. 24, the American Insurance Association (AIA) testified before the Colorado Commission on Taxation, urging the group to consider a proposal that would provide insurers with a credit against premium taxes for...
CITIGROUP CUTS MORE JOBS
Aug 27 2001 // In addition to the previously announced layoffs of 1,200 employees, Citigroup Inc. announced it will let go another 3,000 workers this year due to the economic downturn, according to Reuters. The world’s largest bank...
Workers’ Compensation Lawsuit Given Class Action Status
Aug 20 2001 // Houston-based U.S. District Judge David Hittner issued a ruling Aug. 8 conferring class action status on a lawsuit involving claims of overcharging for workers’ compensation coverage by Reliance National Indemnity...
Citigroup Cuts Another 3,000 Jobs
Aug 16 2001 // In addition to the previously announced layoffs of 1,200 employees, Citigroup Inc. announced it will let go another 3,000 workers this year due to the economic downturn, according to Reuters. The world’s largest bank...
IIAA Urges OSHA Not to Interfere with State Workers’ Compensation
Jul 30 2001 // As the Occupational Safety and Health Administration (OSHA) explores how to remedy workplace ergonomics hazards, it should not transgress statutes prohibiting federal government interference with the state-based...
New Insurance Training Academy Fills ‘On-the-Job’ Learning Needs
Jul 20 2001 // San Diego, Calif.-based Insurance Training Academy (ITA) officially opened its doors in January 2001, to provide industry-specific educational training as a service to busy insurance agencies and companies needing skilled...
SAFECO Slices Jobs, Looks Toward Future Growth
Jul 19 2001 // Seattle-based SAFECO is taking a number of steps to cut losses and bring growth back to the company which has been in business since 1923. “The expenses we currently have were not a formula for success,” SAFECO...
The Middleton Group Releases its Biannual Compensation Survey: How Does Your Agency Compare’
Jun 11 2001 // Not surprisingly, compensation continues to be the single largest agency expense. The average independent agency in the U.S. spent between 62.2 percent and 66.3 percent on compensation in 2000, according to The Middleton...
How Does Your Agency Compare’ The Middleton Group biannual compensation survey
Jun 4 2001 // Not surprisingly, compensation continues to be the single largest agency expense. The average independent agency in the U.S. spent between 62.2 percent and 66.3 percent on compensation in 2000, according to The Middleton...
GE ERC Moves Facultative Workers’ Compensation to PnC Re Americas
May 18 2001 // Employers Reinsurance Corporation (ERC), a GE company, announced it has moved its facultative workers’ compensation product line to its P&C Re Americas business unit. The P&C Re facultative unit will now be...
Stirling Cooke Names New London Managing Director
Apr 20 2001 // Bermuda-based international broker Stirling Cooke Brown Holdings Ltd. has named Anthony C. McCallum as the new head of its London reinsurance intermediary operations. McCallum joins Stirling Cooke two years after numerous...
Zurich Plans U.K. Job Cuts in Restructuring
Apr 19 2001 // Following a larger than expected 5.5 percent drop in profits, Anglo-Swiss insurer Zurich Financial Services announced plans to reduce its operations in the U.K. with the elimination of 550 jobs. Most employees, however,...
How Much Do You Earn’ Study Measured Agency Compensation
Mar 26 2001 //
British Life Insurer Cuts 2,000 Jobs
Mar 7 2001 // Britannic is to cut more than 40 percent of its workforce, with 2,000 positions coming from the Britannic Assurance arm. The company blamed the cuts on a growth in red tape and the end of the UK’s jobs-for-life...
Fiserv Acquires FSC, Combined Talents Bode Well for Market
Mar 7 2001 // In keeping with its aggressive and acquisitive nature, Fiserv Inc. announced March 6 that it had purchased Agoura Hills, Calif.-based Facilities and Services Corporation. The arrangement will allow FSC, which has thus far...
Citigroup’s Weill Doubles Compensation
Mar 6 2001 // Citigroup is offering company head Sanford “Sandy” Weill $28.6 million in salary and bonuses for 2000, almost twice what he received in 1999. Reuters news service reported the increase based on a filing last...
Toronto-Based Insurance Firm to Close British Sales Operation, Cut 1,700 Jobs
Feb 20 2001 // Sun Life of Canada is shutting its UK sales operation and cutting1,700 jobs over the next three years. The company, which has 100,000 UK shareholders, also issued a profits warning, saying that meeting expectations would...
Prudential Cuts 2,000 Jobs in Sales Overhaul
Feb 13 2001 // Prudential expects to cut 2,000 sales jobs in Great Britain over the next year in a restructuring of its direct sales force in the UK. The company is reportedly shifting its focus from a large direct sales force to...
ING Set To Cut 1100 Jobs at Barings
Jan 29 2001 // Following a “strategic review” commenced last November, ING Group announced that it expected to cut around 1100 jobs at its investment banking units, principally at Barings Bank in London. The move is in line...
Managing The Risk From Climate Change
Jan 22 2001 // Whether it is the dry desert heat of El Paso or the humid sauna of Houston, people who grew up in Texas know that its summers are naturally hot. For people in Dallas, last summer was no exception. After 44 days in the...
