Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
Pay Compression Creates Challenges for Agencies Hiring Client Service Talent
Oct 18 2021 // Dear Mary: Our agency is a regional, independent, privately held broker in the Midwest that has been in business for decades. Every year we hire young, inexperienced people to come into the business as assistants and CSRs....
Workers’ Compensation Insurers Find That as Opioid Cost Slows, Marijuana Grows
Oct 15 2021 // Workers’ compensation insurers have slashed spending on opioids, reducing the risk of addiction and delayed recovery, but now they are under increasing pressure to reimburse injured workers for a new kind of...
People Moves: WTW Hires ERS’ Shepherd to Lead Facultative; Specialty Insurer Fusion Names Gallagher’s Simmonds as Managing Partner; AXIS’ Quane Is CUO at Beazley
Oct 14 2021 // This edition of International People Moves details appointments at broker Willis Towers Watson, specialty insurer Fusion and insurer Beazley. A summary of these new hires follows here. Willis Towers Watson Hires ERS’...
UK Companies Struggle to Find Workers Despite Salary Increases
Oct 14 2021 // Eight in 10 UK companies struggled to find workers last month despite many of them increasing wages, according to a survey that shows labor shortages are intensifying. The proportion was up sharply from three months...
Oregon Doughnuts Workers Fired in Heat Wave Getting Jobs Back
Oct 13 2021 // Some workers at Voodoo Doughnuts who were fired during a deadly Pacific Northwest heat wave in June after going on strike are set to get their jobs back. KOIN-TV reports the National Labor Relations Board ruled the workers...
Insurate, Workers’ Compensation Insurtech, Secures $4.5M Investment
Oct 6 2021 // Omaha-based Insurate, a data science-based provider of workers’ compensation, announced a $4.5 million seed round led by HSCM Ventures, the venture capital arm of Hudson Structured Capital Management Ltd. Joining the...
Workers’ Compensation Reserve Redundancy Reaches $14 Billion, Reports NCCI
Oct 4 2021 // Workers’ compensation insurers continue to stow away more money than necessary in reserves, even as reported loss ratios continue to climb, according to a report released by the National Council on Compensation...
Beyond the Headlines: Workplace Violence and Workers’ Compensation Claims
Oct 4 2021 // Whenever a legal dispute arises as to insurance coverage, the court will evaluate policy language to determine if a specific cause of loss constitutes a covered event under the terms of that policy. When workers’...
Workers’ Compensation Premiums Flat for First Six Months of 2021
Oct 4 2021 // A comparison of workers’ compensation direct premium written indicated an overall decrease of approximately 0.3% for the first six months of 2021 compared to the first six months of 2020. Fifteen of the Top 25...
3 Keys for Recruiting Quality Insurance Producers
Oct 4 2021 // Many agency owners want to hire new producers, and the good news is that there’s a flood of candidates right now looking for jobs. It seems like it’d be a win-win, but the bad news is that most agency owners I...
Arkansas Company Sued for Race Discrimination in Hiring
Sep 30 2021 // A federal agency has charged in a lawsuit that an Arkansas site preparation company steered Black applicants into lower-paying positions and paid Black applicants less money at hire. In its lawsuit the U.S. Equal...
Workers’ Compensation Underwriting Results Again Beat Other Lines in 2020
Sep 30 2021 // Workers’ compensation underwriters have been consistently generating better underwriting profits than other property/casualty lines of business, and did so again in 2020 amid the pandemic. According to an AM Best...
Boy Scouts Preparing for Abuse Victims’ Vote on $1.6 Billion Compensation Fund
Sep 30 2021 // The Boy Scouts of America are preparing to ask sex abuse victims to vote for a $1.6 billion trust fund to settle their claims in a key step toward ending its contentious bankruptcy. The proposal sets potential payments...
MS Amlin AG Enters Agriculture Reinsurance Market, Hiring Bektleuov From PartnerRe
Sep 29 2021 // MS Amlin AG (MS AAG), the global reinsurer, announced its entry into the agriculture reinsurance market with the hire of Rinat Bektleuov as product group lead underwriter. Bektleuov joined the business in August 2021 and...
Omaha National Raises $45M, Will Transition to Being Direct Workers’ Compensation Writer
Sep 28 2021 // Technology-enabled workers’ compensation and payroll services provider Omaha National Group, Inc. announced a $45 million Series B round led by Accomplice. The company said it plans to use the funds to support its...
Connecticut Woman Charged with Workers’ Compensation Fraud, Larceny
Sep 27 2021 // A Wallingford, Connecticut, woman was arrested and charged with illegally collecting workers’ compensation benefits while being employed as a teacher for the City of Bristol Board of Education. Ann Marie Barros was...
Innovation in Workers’ Compensation: Getting Ahead of Risk and Injury
Sep 27 2021 // This post is part of a series sponsored by The Hanover Insurance Group. Workers’ compensation claims can significantly impact a business’s productivity and bottom line. Out-of-work employees cause company...
Robots Take Over More Jobs Where Humans Are Aging
Sep 23 2021 // It turns out robots are taking over jobs fastest around the world in places where their human counterparts are aging the most rapidly. That is the conclusion of a new study that looked at demographic and industry-level...
Business Owners Have a New Workers Compensation Resource
Sep 21 2021 // Wells Media Publishes Workers Compensation in Two Hours: The Business Owner’s Guide to an Exceptional Workers Compensation Program Phoenix, AZ, September 21, 2021 – Workers compensation program management can...
Dale Partners Receives ‘In-Principle’ Approval to Launch Lloyd’s Managing Agency
Sep 16 2021 // Dale Partners Ltd., the London-based holding company of Dale Underwriting Partners (DUP), has been granted “in-principle” approval by Lloyd’s to form its own managing agency. The new entity, Dale Managing...
