Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
St. Paul Travelers to Cut 3,000 Jobs
Jul 26 2004 // St. Paul Travelers Cos. plans to cut 3,000 jobs so it can deliver the savings that executives promised to investors when The St. Paul Cos. merged with the Travelers Property Casualty Corp. Extensive layoffs have been...
Safeguards in Hiring Process Can Help Prevent Lawsuits Later
Jul 19 2004 // There are five times in the employer-employee relationship when the company is most vulnerable to a worker’s lawsuit: when a person is hired, promoted, disciplined, fired or affected by a new policy. Both litigation...
Managing Patient Expectations Key to Reducing Malpractice Risk
Jul 19 2004 // While insurers and lawyers groups have debated the merits of capping medical malpractice awards in the statehouses and on Capitol Hill, the reality of soaring jury awards, insurance premiums and seemingly out-of-control...
The New Insurers: This Time, They’ll Do It The Right Way
Jul 5 2004 // ‘Clean Slate’ U.S. P/C Insurers Learn from Sins of Their Predecessors In the summer of 2001, the hard cycle had already arrived for the U.S. property/casualty marketplace. Prices were trending up as experts...
Safeguards in Hiring Process Can Help Prevent Lawsuits Later
Jul 5 2004 // There are five times in the employer-employee relationship when the company is most vulnerable to a worker’s lawsuit: when a person is hired, promoted, disciplined, fired or affected by a new policy. Both litigation...
FGIC Names Watson Managing Director-London Office
Jun 24 2004 // Financial Guaranty Insurance Company (FGIC) announced that Rick Watson has been appointed Managing Director-Structured Finance in the company’s London office, effective June 22. Before joining FGIC, Watson headed ABS...
California Applicant Attorneys Attack Workers’ Compensation Reforms
Jun 23 2004 // Applicant attorneys, who have been lining their pockets with profits by abusing California’s workers’ compensation system, do not want to see their gravy train end so they are working to undermine the recently...
N.Y. State Compensation Fund Steadies the Market
Jun 16 2004 // Since its founding in 1914, the New York State Insurance Fund (NYSIF) has been focused on providing a workers’ compensation market for small to medium sized accounts. NYSIF has not been involved with big corporate...
FGIC Appoints Velins London Managing Director
Jun 11 2004 // Financial Guaranty Insurance Co. announced that Robert Velins has joined the company as Managing Director, International Finance, effective June 1. He is based in London and has primary responsibility for FGIC’s...
MarketScout: Robust Competition Across the Board with Reductions in Premiums, Brokers Compensation
Jun 10 2004 // Dallas-based MarketScout recently released its Market Barometer for May. Market Barometer for May MarketScout’s Market Barometer According to Richard Kerr, chairman and CEO, “The composite premium increase for...
Workers’ Compensation Legislative Reforms in California
Jun 7 2004 // Avoiding the Trap of Failed Promises After four months of debate and intense pressure from the business community, the California Legislature and Governor Arnold Schwarzenegger approved a comprehensive workers’...
Managing Patient Expectations Key to Reducing Malpractice Risk
Jun 7 2004 // While insurers and lawyers groups have debated the merits of capping medical malpractice awards in the statehouses and on Capitol Hill, the reality of soaring jury awards, insurance premiums and seemingly out-of-control...
Utah’s Workers Compensation Fund Announces $20 Million Dividend
Jun 2 2004 // Salt Lake City-based Workers Compensation Fund announced that it will pay dividends totaling $20 million to policyholders this year. All eligible policyholders, regardless of company or policy size, will receive a portion...
Daneri Named Chief Legal Counsel For State Compensation Insurance Fund
May 21 2004 // San Francisco-based State Compensation Insurance Fund -California’s largest workers’ compensation insurance carrier – has appointed Robert W. Daneri as chief counsel. Daneri had served as assistant chief...
U.K. Survey Finds Compensation Culture Concerns
May 19 2004 // A recent survey commissioned by Norwich Union, a division of the Aviva group, and the U.K.’s largest b general insurer, has concluded that the “compensation culture,” i.e. the unbridled tendency to file a...
Chubb Latest to Face N.Y. Probe of Compensation Pacts
May 18 2004 // The Chubb Corporation in Warren, N.J. has received a subpoena seeking information regarding certain compensation agreements between insurance brokers and Chubb’s insurance companies from the New York Attorney General...
California’s Workers’ Compensation Problem – The Hidden Cause
May 17 2004 // Most, if not all, of work done over the past year on workers’ compensation reform has been directed at symptoms and not causes. The true cause of the workers’ compensation problem is poor employer management...
S&P Report Warns Calif. Workers’ Compensation More Precarious Now
May 3 2004 // West News • April 14 “The taxpayers of California will ultimately face the financial consequences should the SCIF be in financial trouble or fail. There is no excuse for SCIF not having an A.M. Best rating. Rather...
California DOI Improves Efforts to Combat Workers’ Compensation Fraud
Apr 29 2004 // Since taking office in January, 2003, Insurance Commissioner John Garamendi has worked vigorously to spur reform of the state’s broken workers’ compensation system. A top priority has been the effort to fight...
Montana Workers’ Compensation State Fund Adopts MDA Guidelines
Apr 28 2004 // Reed Group announced that Montana State Fund (MSF) has adopted “The Medical Disability Advisor” (MDA), for use in their claims management processes. The MSF’s medical and non-medical staff will use the...
