Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
VW Engineers Admit Rigging CO2 Emissions over Job Fears: Report
Nov 9 2015 // Several Volkswagen engineers have admitted manipulating carbon dioxide emissions data because goals set by former Chief Executive Martin Winterkorn were difficult to achieve, reported Bild am Sonntag, the Berlin-based...
AIG CEO to Employees: Expect Fewer Lifetime Jobs
Nov 5 2015 // American International Group Inc. Chief Executive Officer Peter Hancock, who is shrinking the company while fighting off an activist investor, told staff that they can’t all count on lifetime employment with the...
MarketScout Hires McGee as Workers’ Compensation Broker in Philadelphia
Nov 4 2015 // MarketScout, a national electronic insurance exchange and specialty MGA based in Dallas, has hired John McGee as broker in the Workers’ Compensation Brokerage division. He is based in Philadelphia. In his new role,...
UK Chief Regulator Appeals to Insurers as She Fights to Keep Top Job
Nov 4 2015 // UK Financial Conduct Authority acting chief Tracey McDermott appealed to insurers to get behind the regulator, setting out her plans for the industry as she fights to keep the top job. “While our roles are different,...
New York’s Taxi Industry Says Uber Expansion Would Kill Existing Jobs
Nov 3 2015 // New York’s taxi industry says Uber’s proposal to expand outside of the New York City area threatens the jobs of dispatchers and others who work behind the scenes for cab companies around the state. The...
Top 25 Workers’ Compensation Insurers
Nov 2 2015 // The U.S. workers’ compensation market saw solid gains in 2014, thanks in part to premium increases and favorable claims frequency. This was the fourth consecutive year in which the industry reported improved results,...
As Activist Investors Circle, AIG Posts Q3 Loss; Plans to Cut 400 Jobs
Nov 2 2015 // American International Group Inc., the insurer facing pressure from activist shareholder Carl Icahn for a breakup, posted a third-quarter loss as investment results deteriorated. The company plans to cut as many as 400...
E&O Insights: How Well Are You Managing Your Agency’s Commercial Lines Accounts?
Oct 19 2015 // Ask errors and omissions (E&O) carriers about their results when dealing with commercial lines shops and most, if not all, would comment that heavy commercial lines agencies definitely generate their share of E&O...
Next Class of Veterans Begins Insurance Career Training at Florida-Based DVIC
Oct 18 2015 // Disabled Veterans Insurance Careers (DVIC) has launched its next class of disabled veteran trainees. The veterans will spend the next six months training and learning the many facets of the insurance industry in order to...
Kansas Pharmaceutical Plant to Pay $400K to Settle Discrimination Case
Oct 15 2015 // A central Kansas pharmaceutical plant accused of gender discrimination must pay about $400,000 in back wages and hire more women, according to a federal settlement. The U.S. Department of Labor said in a release that the...
Reith to Join Marketform Managing Agency as Chief Executive Officer
Oct 15 2015 // American Financial Group Inc.* announced that Martin Reith has been appointed chief executive officer of Marketform Managing Agency, which operates Syndicate 2468 at Lloyd’s of London, effective November 2015. Reith...
Energi Launches Workers’ Compensation Triage Program
Oct 15 2015 // Energi has launched a new workers’ compensation triage program called Company Nurse. This new injury-reporting program seeks to provide injured workers with immediate medical triage and medical advice over the phone...
Indiana’s Butler University Creating Student-Run Insurer
Oct 14 2015 // Almost a quarter of the insurance industry is set to retire by 2022, and Butler University’s College of Business in Indianapolis is preparing its graduates to fill those voids by establishing its own student-run...
Thornton Named Managing Director of Global Risk Partners’ Retail Broking Unit
Oct 9 2015 // Global Risk Partners Limited (GRP)* is pleased to announce that Neil Thornton will be joining as managing director of GRP’s Retail Broking business. Thornton was previously head of the Commercial Division of Bluefin...
AXIS to Close Australian Retail Operations, Cut 100 Jobs
Oct 7 2015 // AXIS Capital Holdings Limited announced it will wind down its retail insurance operations in Australia and continue to operate in the market via its international wholesale insurance and global reinsurance platforms. As a...
Insurers Say Trans-Pacific Pact Important for Industry Growth, Jobs
Oct 5 2015 // U.S. property/casualty insurers are welcoming the news that the Trans-Pacific Partnership (TPP) parties have reached an agreement. Although details of the pact are unknown, the U.S. insurers say they believe the agreement...
Growing the Next Generation of Agency Professionals
Oct 5 2015 // Despite low unemployment, competitive salaries and overall job stability, a career within insurance or at an insurance agency, is often overlooked by today’s Millennial generation. However, with the industry in the...
Report: Despite Monetary Awards, Job Creation Lags in Wisconsin
Oct 5 2015 // Wisconsin’s troubled job-creation agency handed out more awards last year but created fewer jobs, according to its annual report. The Wisconsin Economic Development Corporation awarded nearly $90 million more in...
Morgan Stanley Among Employers Shifting Job Bias Claims to Arbitration
Oct 2 2015 // Morgan Stanley is asking employees to give up their right to sue the firm in class actions for civil rights violations including discrimination based on race, gender or age, according to a former employee’s...
Workers’ Compensation Premiums Up 5.3% in First Half of 2015: Demotech
Sep 25 2015 // Workers’ compensation insurers reported a 5.3 percent increase in direct written premiums during the first six months of 2015 versus the same period in 2014, according to actuarial firm Demotech’s review of...
