Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
Calif. Workers’ Compensation Insurance Rating Bureau approves 11.3 percent rate decrease
Apr 9 2007 // The Workers’ Compensation Insurance Rating Bureau of California Governing Committee submitted a rate filing to the California Department of Insurance recommending a 11.3 percent decrease in advisory pure premium...
Texas Workers’ Comp Claimant Works 3 Jobs After Reporting Injury
Apr 6 2007 // Texas Mutual Insurance Company reported that Leonard Cano of Houston has pleaded guilty to workers’ compensation fraud-related charges. Cano worked for three different employers while collecting workers’ comp...
Florida Officials: Education, Job in Rating ‘Unintentionally’ Harms Minorities
Apr 3 2007 // Results of a report on the factoring of occupation and education for underwriting and rating of auto insurance policies show that while the practices “unintentionally harm minorities and low-income individuals”...
Insurers Blast Florida Report on Education, Job Rating
Apr 3 2007 // Florida insurers are hammering a Florida Office of Insurance Regulation report on the use of occupation and education for rating of auto insurance policies, calling the report’s claims that the use of these factors...
Marsh & McLennan CEO’s Compensation Pegged at $8.7 Million
Apr 2 2007 // Michael G. Cherkasky, president and chief executive of Marsh & McLennan Companies Inc., the nation’s largest insurance brokerage, received compensation valued at $8.7 million last year, according to a regulatory...
Calif. Commissioner Orders Audit of State Compensation Insurance Fund
Mar 29 2007 // California Insurance Commissioner Steve Poizner has ordered an audit of the State Compensation Insurance Fund (SCIF), amid questions regarding the corporate governance and management of the organization. The audit follows...
S.C. Audit: Phase Out Workers’ Compensation 2d Injury Fund
Mar 29 2007 // Part of South Carolina’s workers’ compensation system should be phased out because it fails to lower businesses’ insurance costs, according to a state audit. The Legislative Audit Council report found...
Two Indicted on Workers’ Compensation Fraud Charges
Mar 27 2007 // An Albuquerque couple has been accused of defrauding the New Mexico Workers’ Compensation Administration. Rafael and Elvia M. Herrera, owners of Rafa’s Roofing Inc., were indicted on charges of forgery; fraud;...
London Looks for ‘Best Marine Talent ‘
Mar 27 2007 // Lloyd’s and the London markets are about to launch a new campaign “to encourage the brightest young talent in the marine market to play a role in shaping its future.” The Lloyd’s Market Association...
The new world of Internet job applications affects employer’s liability
Mar 26 2007 // New government rules define who qualifies as an online applicant while leaving room for employers’ own criteria Last year Monster.com had 22.5 million people post resumes on its Web site. Lockheed Martin claims that...
Workers’ compensation bills head to House floor in Colorado
Mar 26 2007 // The Colorado House Business Affairs and Labor Committee has approved two workers’ compensation bills: one affecting employee’s choice of physician and another affecting firefighters. House Bill 1176 would...
The new world of Internet job applications affects employer’s liability
Mar 26 2007 // Last year Monster.com had 22.5 million people post resumes on its Web site. Lockheed Martin claims that 50,000 applicants a month post resumes on its Web site. Microsoft boasts that 80,000 individuals place resumes on its...
Workers’ compensation bills head to House floor in Colorado
Mar 26 2007 // The Colorado House Business Affairs and Labor Committee has approved two workers’ compensation bills: one affecting employee’s choice of physician and another affecting firefighters. House Bill 1176 would...
Lloyd’s Underwriter Survey Again Puts ‘Managing the Cycle’ as Chief Concern
Mar 23 2007 // “For the third year running, underwriters in the Lloyd’s market have identified managing the cycle as the most important challenge for the industry, and over two-thirds believe that the industry has made some...
Physicians’ Mutual’s CEO, Others, Draw Larger Salaries, Bonuses
Mar 14 2007 // The CEO of the company that provides medical malpractice insurance to 1,450 physicians in West Virginia got an 18.5 percent pay raise last year, boosting his total compensation to $429,750, according to a report filed with...
N.C.: Reynolds American CEO Received $6.4 Million Compensation Package
Mar 12 2007 // Susan M. Ivey, chairman and chief executive of Reynolds American Inc., received a compensation package valued by the company at $6.4 million for 2006, according to a proxy statement filed last week. Ivey received a salary...
Number of Texas Job Injuries, Illnesses Requiring Days off Work Drops
Mar 12 2007 // A total of 69,340 nonfatal occupational injuries and illnesses involving days away from work were reported in Texas private industry for 2005 according to the most recent data from the Bureau of Labor Statistics (BLS)...
Key New York workers compensation reform proposals
Mar 12 2007 // Key elements of the proposed reform package as released by Gov. Spitzer’s office are as follows: • The maximum weekly benefit for injured workers will be increased from $400 to $500 in the first year, $550 in...
Key New York workers compensation reform proposals
Mar 12 2007 // Key elements of the proposed reform package as released by Gov. Spitzer’s office are as follows: The maximum weekly benefit for injured workers will be increased from $400 to $500 in the first year, $550 in the...
Insurance Journal’s Exclusive Agency Salary Survey
Mar 12 2007 // More independent insurance agencies gave salary increases in 2006 than in 2005, but still nearly half of all agency salaries nationwide stayed right where they were compared to 2005. On the other hand, producer commission...
