Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
Stock Ownership Versus Deferred Compensation
Mar 6 2023 // One of the topics an agency owner will often have to discuss with a new or existing producer will be “ownership.” When we ask a producer what they mean by ownership, stock ownership is often what comes to their...
Takeaways from Our Conversation on the Best Position to Start an Insuring Cannabis Career
Feb 24 2023 // Powered by InsuranceJournal.tv The best position that promises the most growth and best opportunities from which to launch a budding insuring cannabis career is? Broker? Claims professional? An informal poll conducted on...
A Pivot to People: Overcoming the Talent Crisis in Commercial P&C Underwriting
Feb 23 2023 // This post is part of a series sponsored by Insurance Quantified. Across the insurance landscape, commercial P&C firms are facing a host of challenges when it comes to underwriting talent. Rapid shifts in the makeup of...
When ‘Preparing for Work’ Falls Under Virginia Workers’ Compensation
Feb 23 2023 // An employee who was injured while scraping ice off his company-owned truck parked at his home is entitled to workers’ compensation benefits, the Virginia Workers Compensation Commission has ruled, reversing a deputy...
Midwest Meat Plant Cleaning Service Fined $1.5M for Hiring Minors
Feb 22 2023 // MINNEAPOLIS (AP) – One of the country’s largest cleaning services for food processing companies employed more than 100 children in dangerous jobs at 13 meatpacking plants across the country, the U.S. Department of...
Tysers Sells Bloodstock Broking Team and Bloodstock Managing Agent to Howden
Feb 22 2023 // Tysers, the independent Lloyd’s broker and part of AUB Group, announced the sale of its bloodstock broking team and the bloodstock managing agent, Galileo, to Howden. “We had built an exceptional bloodstock...
As Salaries Skyrocketed, Satisfaction Improved in 2022
Feb 20 2023 // Insurance agency personnel on average made more money in 2022 and employees reported higher satisfaction with their compensation in 2022 than in 2021, a year when satisfaction fell, according to the latest Agency Salary...
Why a Focus on Development Is Critical to Retaining Talent
Feb 20 2023 // The insurance industry’s talent problems are no longer looming, they are here. While it may take many components to find a potential solution to this problem, one area that should get our immediate focus is employee...
Agency Salary Survey: Employee Pay Spikes As Agency Talent Pool Shrinks
Feb 20 2023 // On the heels of the lowest U.S. unemployment rate in 53 years, insurance agency employees across the nation reported the highest salary and compensation percentage increases in the history of Insurance Journal’s...
Young Voices Reflect on Industry Talent Crisis
Feb 20 2023 // It’s no mystery: The insurance industry is experiencing a monumental shift. In June 2021, the U.S. Chamber of Commerce issued a report citing U.S. Bureau of Labor Statistics numbers forecasting that over the next 15...
New Jersey Supreme Court Remands Workers’ Compensation Fraud Case for Allocation of Fault
Feb 16 2023 // There will be a jury retrial on allocation of liability in a New Jersey workers’ compensation premium fraud case won by Liberty Insurance Corp. against a construction firm. The New Jersey Supreme Court ruled...
Philadelphia Eagles Team Loses to Ex-Player in Workers’ Compensation Fight
Feb 10 2023 // The National Football League’s Philadelphia Eagles football team has failed to score a victory in a disability case involving former linebacker Emmanuel Acho who suffered thumb injuries in 2015 while with the...
Answers Inexperienced Job Seekers Want About Insurance Careers
Feb 6 2023 // February, aka Insurance Careers Month, makes me nostalgic. I ask myself, “Had I known then what I know now about insurance would it have changed the trajectory of my career?” The fact is I stumbled into the...
Talent Considerations for a Successful 2023
Feb 6 2023 // The insurance industry continues to settle into new working environments, grapple with the effects of “the Great Resignation” and prepare for a potential recession. While 2022 brought continued...
People Moves: Beavers promoted to VP of Client Solutions at RYZE Claim Solutions; Alera Appoints Midwest Regional Managing Director
Feb 3 2023 // RYZE Claim Solutions Names Beavers Vice President of Client Solutions Teresa Beavers has been promoted to vice president of client solutions at RYZE Claim Solutions. Beavers, who has 33 years of experience in the claims...
Shopping Safely: Managing Cybersecurity, Insurance in E-Commerce
Feb 1 2023 // Powered by InsuranceJournal.tv Online retailers will need to remain as resilient as possible to combat increasing cyber crime in the wake of a pandemic surge in online shopping, according to David Emm, senior security...
Vermont Workers’ Compensation Rates to Fall Again
Jan 25 2023 // Vermont businesses will see another rate decrease in workers’ compensation insurance in 2023. This will mark the seventh consecutive year of rate reductions. The loss cost decrease of an average 6.7%, which takes...
5 Tips to Kickstart 2023 Recruiting
Jan 23 2023 // Teamwork is everything when it comes to bringing in the best candidates. This might not sound revolutionary, but it is critical in today’s tough talent market. Knowing this, I’ve asked my partners to share some...
Massachusetts to Weigh Proposed 4% Cut in Workers’ Compensation Rates
Jan 17 2023 // The Massachusetts insurance department will hear testimony virtually on February 3 regarding a proposed 4.0% decrease in average workers’ compensation rates. The rate filing submitted by the Workers’...
What’s New in Agency Compensation: Participate in the 2023 Survey
Jan 13 2023 // Insurance Journal is once again inviting all retail agency owners, principals, producers, account executives, CSRs — the entire agency — to participate in the annual independent insurance agency salary survey for...
