Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
More Compensation Disclosure Doesn’t Settle Goldman Investor’s Claim
Oct 24 2018 // A bid by Goldman Sachs Group Inc. to settle a lawsuit over how much it pays directors was rejected by a judge who said that simply making changes in corporate governance didn’t provide enough benefit to the firm. The...
Midwest Food Distributor to Pay $3.6M to Settle Sex Discrimination Lawsuit
Oct 23 2018 // A food distributor with warehouses in Cleveland, Ohio, and Detroit, Michigan, will pay $3.6 million to settle a class sex discrimination lawsuit filed by the filed by the U.S. Equal Employment Opportunity Commission...
The Lowdown: Share The ABCs of Job Site Safety
Oct 19 2018 // Of the 200 fatalities under investigation by OSHA during the first 8 months of 2018, these terms appear in 148 of those deaths,- accidentally crushed, struck or fell from, fell off of, fell into…or something fell...
Update: Liberty Mutual Conducts Strategic Review of Pembroke Managing Agency
Oct 18 2018 // Liberty Mutual Insurance announced it is undertaking a strategic review of its London-based Pembroke Managing Agency Ltd., acquired through the lronshore purchase in May of 2017. The company has retained Evercore to serve...
Virginia’s Prosper Insurance Company to Expand Headquarters, Add 75 Jobs
Oct 17 2018 // Prosper Insurance Company has announced it will expand from its 6,000-square-foot headquarters in Virginia Beach, Va. The corporate investment is expected to be $750,000 with the buildout, furniture, fixtures and...
Insurtech: A Role Model of Innovative Talent Success
Oct 15 2018 // Several years ago, technology announced its intent to rock the insurance industry. Some dismissed the challenge and saw the rise of insurtech as a minor disrupter. But times have changed. Funding is pouring in for major...
Time to Revisit Independent Contractor vs. Employed Producer Status
Oct 15 2018 // Insurance agencies across the country hire some or all producers as independent contractors instead of as employees. The mixed use of employees and independent contractors in insurance is common in other industries as...
Pennsylvania’s Erie Insurance Names Dugan VP, Corporate Human Resources Officer
Oct 11 2018 // Erie Insurance, an Erie, Penn.-based insurer, has named Sean Dugan as vice president and corporate human resources officer. His new role begins October 25. In this role, Dugan will have oversight of the Talent Acquisition,...
UK Expects 5,000 Financial Services Jobs to Move to Europe by Brexit Day
Oct 10 2018 // Despite thousands of jobs set to move to the continent due to Brexit, Britain’s financial services minister said on Wednesday he would do all he can to ensure the City of London remains a major financial center. John...
Idaho Workers’ Compensation Rates to Decrease in 2019
Oct 2 2018 // The Idaho Department of Insurance has proved a 4.2 percent drop in workers’ compensation insurance rates effective Jan. 1, 2019. The proposed rate change comes from the National Council on Compensation Insurance, and...
Why Hospitals Charge Auto Insurance, Workers’ Compensation Patients Much More Than Health Insurers
Oct 1 2018 // Insurer market power matters in hospital pricing. Patients with automobile, workers’ compensation, and other non-conventional commercial insurance plans paid much higher prices than patients with HMO/PPO health...
Hiring Stereotypes That Hurt Insurance Agencies
Oct 1 2018 // Agency Hiring Stereotypes: True or False Agencies don’t downsize their best account managers. False: Here’s a great example of what can happen in the industry. I worked with a commercial account manager who...
Insurance Is the New Kale? Not So Fast
Oct 1 2018 // An industry publication recently published an article that said insurance is “the new kale” because the one-time ignored garnish today is sought after as a healthy must-have in the form of everything from...
UK Financial Firms Expect 5,766 Jobs to Move with Hard Brexit: 3rd Reuters Survey
Sep 26 2018 // As few as 630 UK-based finance jobs have been shifted or created overseas so far ahead of Brexit, while the number of jobs that UK-based financial institutions said they expected to move in the event of a...
As Brexit Day Nears, 630 UK Financial Services Jobs Have Shifted to EU, Reuters Finds
Sep 26 2018 // As few as 630 UK-based finance jobs have been shifted or created overseas with just six months to go before Brexit, a far lower total than banks said could move after Britain’s surprise vote to leave the European...
Workers Overdose On the Job and Employers Struggle to Respond
Sep 26 2018 // PORTLAND, Ore. — Jimmy Sullivan prepared for his job as a bricklayer the same way every morning for years: injecting a shot of heroin before leaving his car. The first time he overdosed on the job, in 2013 at a Virginia...
FEMA Chief Long to Keep Job, Repay Government for Car Misuse
Sep 24 2018 // The head of the federal disaster response agency used government vehicles without proper authorization, but will not lose his job over it, Homeland Security Secretary Kirstjen Nielsen said Friday. Federal Emergency...
Will Robots Take Your Job? It Depends on Where You Live: OECD
Sep 20 2018 // Will robots take your job? The answer depends on where you live. The threat varies “strikingly” between countries and regions, with as many as 40 percent of jobs at “high risk” in Western Slovakia...
Exploring the Jump in Mega Workers’ Compensation Claims
Sep 19 2018 // Mega workers’ comp claims – losses exceeding $10 million – jumped in 2016, according to a new report by the National Council on Compensation Insurance (NCCI). It’s unclear if this is a one time...
Hanover Insurance May Follow Chaucer Sale with Talent Hiring, Acquisition
Sep 17 2018 // The Hanover Insurance Group could use some of the $950 million it will make from selling its Chaucer international specialty business to fuel organic growth, pursue select acquisitions and hire top talent from rivals,...
