Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
Allied World Approved to Launch New Managing Agency at Lloyd’s
Mar 31 2014 // Allied World Assurance Company Holdings, AG announced that it has received approval from Lloyd’s, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to establish its own Lloyd’s...
GM Under Pressure to Establish Victim Compensation Fund
Mar 24 2014 // Pressure built on General Motors on Monday to take steps to get 1.6 million of its recalled cars off the road immediately and to establish a compensation fund for consumers affected by the company’s faulty ignition...
Workers’ Compensation Fraud and the Insurance Producer
Mar 24 2014 // There are essentially two types of workers’ compensation fraud — premium fraud and claimant fraud — and insurance producers can play a role in the discovery and resolution of both, according to one investigator...
Managing Time is Imperative
Mar 24 2014 // Time is the only resource we cannot recreate, but how can you optimize being “in control of time” rather than being “controlled by it?” People tend to number their days when they are dying. A woman...
Survey: Who’s Worth What in the Independent Agency System?
Mar 21 2014 // For the second year in row, salaries and total compensation rose in independent insurance agencies across the nation. That’s according to Insurance Journal’s annual Agency Salary Survey 2014. This year all...
Ohio Ranks 2nd in Job Gains for January
Mar 19 2014 // The U.S. Department of Labor says Ohio had the second-biggest job gains of any state in January, adding 16,700 positions. The January state employment report says 23 states reported more hiring for that month, while 27...
Swiss Re to Comply with ‘Excessive Compensation’ Rule; Sets Special Dividend
Mar 18 2014 // Swiss Re announced that its upcoming Annual General Meeting (AGM) on 11 April 2014, will include proposals from the Board of Directors to pay its ordinary dividend of CHF 3.85 [$4.40] per share and an additional special...
Zurich Insurance to Cut Up to 800 Jobs to Save $250 Million
Mar 11 2014 // Zurich Insurance Group AG, the biggest Swiss insurer, plans to save $250 million annually by cutting as many as 800 jobs after lowering its profit goal in December, the company said. Zurich plans to remove management...
Hospitality Workers’ Compensation Insurance Costs and Solutions
Mar 10 2014 // The worst kind of pain is self-inflicted pain. A large majority of the workers’ compensation injuries in the hotel and hospitality business are from the housekeeping department, and more specifically...
Labor Study Shows P/C Insurers Plan to Hire, Grow Significantly
Mar 10 2014 // More than half of all insurance companies say they plan to increase staff in 2014, although hiring for the most-in-demand positions may prove difficult. That’s according to the latest Semi-Annual U.S. Insurance Labor...
Study Shows P/C Insurers Plan to Hire, Grow Significantly in 2014
Feb 27 2014 // More than half of all insurance companies responding to a recent survey say they plan to increase staff in 2014. Although hiring for the most-in-demand positions may prove difficult. That’s according to the latest...
Who’s Worth What in the Independent Agency System
Feb 24 2014 // Exclusive Survey Shows Compensation Up, Benefits Up With a Cost For the second year in a row, salaries and total compensation rose in independent insurance agencies across the nation. More agencies are offering health...
Administrative Changes Proposed for Texas Workers’ Compensation System
Feb 24 2014 // Adoption of NCCI Manual Would Be Effective June 1 Texas Insurance Commissioner, Julia RathgeberTexas will be privatizing many functions in its workers’ compensation system if a proposal to adopt the National Council...
Southern California’s Construction Sector Continues to Heat
Feb 24 2014 // Southern California’s construction sector continues to gain momentum, making good on positive outlooks issued late last year, and agents and brokers who deal in this segment can’t be any happier – especially...
AIG Cutting Jobs, Moving Others to Lower Cost Cities
Feb 14 2014 // American International Group Inc. Chief Executive Officer Robert Benmosche is increasing returns for shareholders as he targets job cuts to simplify the firm. AIG boosted its quarterly dividend by 25 percent to 12.5 cents...
Southern California’s Construction Sector Continues to Heat
Feb 12 2014 // Southern California’s construction sector continues to gain momentum, making good on positive outlooks issued late last year, and agents and brokers who deal in this segment can’t be any happier – especially...
Burns & Wilcox Brokerage Adds Gross as Managing Director in Dallas
Feb 12 2014 // Burns & Wilcox Brokerage has hired David Gross as managing director in its North Dallas office. Gross, who most recently served as vice president and senior broker-casualty for CRC, will report to Burns & Wilcox...
EPIC Hires Managing Principal in New York
Feb 12 2014 // EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage based in San Francisco, announced James R. Loughlin has joined the firm as managing principal, risk...
Texas Lowers Workers’ Compensation Maintenance Tax Rate
Feb 12 2014 // The Texas Department of Insurance announced that the Division of Workers’ Compensation (DWC) has lowered the maintenance tax rate to 1.543 percent of gross premiums collected by workers’ compensation insurance...
China Insurance Official asked JPMorgan’s Dimon for Job ‘Favor’ – NYT
Feb 12 2014 // China’s top insurance regulator directly asked JPMorgan Chase & Co CEO Jamie Dimon to hire a family friend as a “favor,” The New York Times reported, citing a confidential email. The latest media...
