Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
Workers’ Compensation: Combinability of Insureds
May 2 2016 // Consolidating separate legal entities’ loss experience to develop a common experience modification factor has the potential to cause confusion for the client and sometimes the agent. Clients may view such mixing of...
Florida Braces for Rate Hikes, Litigation Due to Workers’ Compensation Fee Ruling
Apr 29 2016 // The Florida Supreme Court’s ruling that the state’s current attorney fee limits are unconstitutional will have serious ramifications on the workers’ compensation market in the state, according to Florida...
Willis Capital Markets & Advisory Appoints Lien as Managing Director, Hong Kong
Apr 28 2016 // Willis Towers Watson has appointed Vincent Lien as managing director of Hong Kong for Willis Capital Markets & Advisory (WCMA), the firm’s investment banking business. Reporting to WCMA co-CEOs, Michael Guo and...
Beecher Carlson Hires Miller as Managing Director in NYC
Apr 28 2016 // Megan Miller Beecher Carlson Insurance Services, a specialized large account risk management broker and a wholly-owned subsidiary of Brown & Brown Inc., has hired Megan Miller as managing director. She will be...
Pilots in Fatal 2015 Ohio Crash Were Fired from Previous Jobs: NTSB
Apr 27 2016 // Both pilots in a chartered-jet crash last year in Akron, Ohio, that killed seven employees of a Florida real estate company had been fired from previous jobs for performance issues, investigators said. All nine people...
10 Things Young Insurance Agents Like, and Don’t Like, About Their Jobs
Apr 27 2016 // Overall, young agents are happy with their career choice. They enjoy the freedom and challenges that come with being independent agents. But they are not thrilled with every aspect of their career choice. Who is? The April...
Aspen Re Appoints Cardona as Managing Director for Latin America & Caribbean
Apr 27 2016 // Aspen Insurance Holdings Ltd.announced that its reinsurance segment, Aspen Re has appointed Hugo A. Cardona as managing director for Latin America and Caribbean. Cardona will join Aspen on May 2 from Odyssey Reinsurance...
Swine Flu, Avian Flu, Ebola, the Zika Virus and Workers’ Compensation
Apr 25 2016 // Two tests must be satisfied before an illness or disease can be considered occupational and thus compensable under workers’ compensation: The illness or disease must be “occupational,” meaning that it...
MarketScout Expands Workers’ Compensation Division with Atlanta Hire
Apr 20 2016 // MarketScout, the national electronic insurance exchange and specialty MGA headquartered in Dallas, has expanded its Workers’ Compensation division by adding three insurance professionals in San Francisco, Las Vegas...
IIABNY CEO Poppa to Retire After 38-Year Career
Apr 19 2016 // Richard Poppa The Independent Insurance Agents and Brokers of New York (IIABNY) announced that president and CEO Richard Poppa will retire at the end of 2016 after leading the association for nearly 20 years. Poppa has...
Hartford CEO Compensation Reaches $10M with Stock Awards, Bonus
Apr 8 2016 // Hartford Financial Services Group Inc. said that Chief Executive Officer Chris Swift’s pay package nearly doubled to $10 million for last year as stock awards climbed. The compensation included a $2.45 million bonus...
AIG Weighs Cutting Nearly 125 U.K. Jobs, in Plan to Reduce Costs: Sources
Apr 7 2016 // American International Group Inc., the insurer under pressure from activist investors, may eliminate about 125 positions in the U.K. as it scales back in certain countries and moves jobs to lower-cost locations, according...
Fintech Revolution May Threaten 250,000 Jobs as Europe Insurers Seek Cost Cuts
Apr 7 2016 // The rush is on to replace people with software in Europe’s insurance industry as cost cutting and automation become increasingly crucial to bolstering earnings. Zurich Insurance Group AG is accelerating its cost...
Here’s What’s Happening with Drug Costs in Workers’ Compensation
Apr 7 2016 // Overall pharmacy spending increased 2.2 percent for U.S. workers’ compensation payers in 2015 due to higher drug prices, according to a report by benefit manager Express Scripts. That overall increase was a function...
PartnerRe Names Former EXOR Managing Director, Bonaccorso, as CFO
Apr 6 2016 // PartnerRe Ltd. announced that Mario Bonaccorso, formerly managing director at EXOR SpA, has been appointed chief financial officer, subject to Bermuda Immigration approval. Bill Babcock, who has served as executive vice...
Morgan Joins Insurance ‘Pretiree’ Job Network WAHVE as Marketing VP
Apr 4 2016 // Rick Morgan, a technology and marketing expert in the independent agency channel, has joined Work At Home Vintage Experts (WAHVE) as senior vice president of marketing. WAHVE, formed in 2010, is a network of insurance...
Score a Grand Slam: Recruitment Strategies for the Big Leagues
Apr 4 2016 // The insurance industry talent crisis is here. Insurers are now face-to-face with a shallow talent lineup thanks to an aging workforce, an impending wave of retirements and an increasingly shallow talent pool. Throughout...
Young Agents’ Optimism High on Career Choice, Income and Future of Agency System
Apr 4 2016 // It’s no secret that the insurance industry is facing a huge talent gap. Almost half of all insurance professionals are over age 45, with 25 percent of the industry expected to retire by 2018. That’s a...
Top Exposures Facing Global Middle Market Firms Vary by Region: Assurex Survey
Mar 30 2016 // While all middle market businesses across the world have concerns about cyber risk, few of these firms view it as their biggest exposure, according to a global survey* of 68 leading independent insurance brokers, which...
How to Use Social Media, Surveillance to Catch Workers Compensation Lies
Mar 28 2016 // Powered by InsuranceJournal.tv As workers’ compensation fraud costs top out at an estimated $7.2 billion a year, according to the National Insurance Crime Bureau, insurers are looking at ways to combat the...
