Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
COVID-19 Keeps 100s Off the Job at South Dakota Smithfield Plant
Jun 18 2020 // Hundreds of workers are still absent from the Smithfield meatpacking plant in Sioux Falls because of the coronavirus pandemic, according to union leaders. AFL-CIO secretary treasurer BJ Motley says between 800 and 1,200 of...
Reassuring Customers Part of Job for Minnesota Agent in Aftermath of Riots
Jun 15 2020 // Dan Gutlovics did a lot of virtual hand holding during the first days of the violent protests in Minneapolis and St. Paul following the death of George Floyd while in the custody of Minneapolis police on May 25. Gutlovics,...
Producer Recruiting and Retention Is the Same Issue for Agencies
Jun 15 2020 // Why? This is the entire question for agencies when it comes to producer recruiting. Well, maybe not. Here are the elongated versions of questions I field on this issue. Why is it so hard to find sales candidates? Why...
What’s New Today in Producer Compensation?
Jun 15 2020 // What makes a good and motivating producer compensation model does not need to be rocket science. The key is to pay what the agency can afford to pay and for what the firm is providing the producers. Lastly, the plan needs...
Michigan Sues Owner of Failed Dams, Seeks Compensation for Destruction
Jun 11 2020 // The state of Michigan filed a lawsuit on June 9 against the owner of two dams, seeking fines for the destruction of natural resources as well as “gross mismanagement” that preceded a devastating flood in...
Facing Workers Compensation Challenges During the Pandemic: NCCI
Jun 9 2020 // The COVID-19 pandemic has upended lives, families, business routines, and the economy. Today, despite an uptick in May, 21 million people are unemployed in the United States, and the workforce has dropped to 137 million....
Commercial Lines Prices Rose 6% in Q1- Except Workers’ Compensation
Jun 9 2020 // U.S. commercial insurance prices climbed more than 6 percent in aggregate during the 2020 first quarter compared to the year, Willis Towers Watson’s pricing survey for the sector. Price increases surpassed 6 percent...
Workers’ Compensation Insurtech Pie Raises $127 Million With Plan to Acquire Carriers
May 28 2020 // Workers’ compensation provider Pie Insurance announced the closing of $127 million in new financing and capital commitments. Gallatin Point Capital joined the insurtech’s current investors in the capital raise,...
Citing 9/11 Victims Fund, Lawmakers Eye U.S. Compensation Pool For COVID-19 Workers
May 18 2020 // A bipartisan group of federal lawmakers last week unveiled a plan to compensate essential workers who fall sick or die from COVID-19. The lawmakers are modeling their Pandemic Heroes Compensation Act after the September...
Your Template to Write an Awesome Insurance Job Advertisement
May 18 2020 // A job description is the most important step to launch your recruiting project because: It’s the advertising piece that generates excitement about your company. It’s the information you put on paid job...
What to Expect in Workers’ Compensation Costs From COVID-19: NCCI
May 18 2020 // If only 10% of health care workers contract COVID-19 and all of their claims are deemed compensable, workers’ compensation loss costs for that sector could double or even triple in some states, according to an...
AIG Shareholders Approve Insurer’s Executive Compensation Plan
May 15 2020 // Shareholders of American International Group Inc. strengthened their support for the U.S. insurance company’s executive compensation plan after the board made changes to its pay packages, according to vote totals AIG...
DUAL Acquires Specialty Managing General Agency in New Zealand
May 7 2020 // DUAL, the underwriting arm of Hyperion Insurance Group, announced the acquisition of a controlling interest in New Zealand specialty underwriting agency International Underwriting Agencies (IUA). “This is an...
Goodreau Joins Michigan’s High Street Insurance as Managing Partner, COO
May 6 2020 // Traverse City, Michigan-based insurance brokerage, High Street Insurance Partners (HSIP), has added Scott Goodreau as managing partner and chief operating officer. Goodreau, who joined the company in April, brings nearly...
What to Expect in Workers’ Compensation Costs From COVID-19: NCCI
May 6 2020 // If only 10 percent of health care workers contract COVID-19 and all of their claims are deemed compensable, workers’ compensation loss costs for that sector could double or even triple in some states, according to an...
Raising Workers’ Total Health With Workers’ Comp The Many Ways a Job Affects a Worker’s Well-Being
May 4 2020 // Workers’ compensation leaders are being urged to move away from thinking primarily about how best to prevent and treat a worker’s physical injury to considering how to help the whole worker. It’s a...
Recovered from COVID-19, Wary First Responders Back on Job
Apr 29 2020 // The new coronavirus doesn’t care about a blue uniform or a shiny badge. Police, firefighters, paramedics and corrections officers are just a 911 call away from contracting COVID-19 and spreading it. With N95 masks...
Maryland Insurance Administration Announces Apprenticeship Program
Apr 28 2020 // The Maryland Insurance Administration is participating in an apprenticeship program designed to attract talent to the insurance industry. The program is led by Invest, which is affiliated with the Independent Insurance...
Houston-Area Manufacturer to Pay $225K to Settle Hiring Discrimination Suit
Apr 21 2020 // Champion Fiberglass Inc. (Champion), a Houston-area manufacturing company, has settled a lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC) accusing the company of discriminatory hiring practices. The...
States Easing Path to Workers’ Compensation Benefits for Coronavirus Workers
Apr 21 2020 // Sympathetic state lawmakers and regulators in states both red and blue promise to make COVID-19 a major cost driver for workers’ compensation insurers. The governors of Kentucky, Arkansas, North Dakota and Florida...
