Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
When Hiring New Producers Begin with the End in Mind
Jul 25 2016 // Almost everyone is talking about it like it’s a new trend in the insurance business: “we have to hire new producers.” The problem started back in 2007 when the near depression hit the United States. The...
New York Workers’ Compensation Loss Costs Going Up Oct. 1
Jul 21 2016 // New York has approved a 9.3 percent average hike in workers’ compensation loss costs. The new benchmarks will go into effect Oct. 1. New York businesses, while not pleased, see the hike as necessary in order to keep...
Massachusetts Lowers Employer Assessment for Workers’ Compensation
Jul 19 2016 // The Massachusetts Department of Industrial Accidents (DIA) reduced the assessment that private employers pay to the state on workers’ compensation policies to 5.6 percent of the policy premium for the new fiscal...
BrickStreet Buys Workers Compensation Business from Pennsylvania’s HM Insurance
Jul 11 2016 // BrickStreet Mutual Insurance said it finalized an agreement to acquire the workers’ compensation block of business from Pittsburgh-based HM Insurance Group (HM), a Highmark company. The purchase involves...
Florida Agents Putting New Law to Work to Attract Millennials to Insurance Careers
Jul 11 2016 // Florida insurance agents are trying to bolster the industry’s track record in attracting college graduates by employing a new state law that aligns college courses with the state’s licensing requirements. The...
95% of Post-Recession Jobs Went to College Educated: Study
Jun 30 2016 // Out of the 11.6 million jobs created in the post-recession economy, 11.5 million went to workers with at least some college education, according to newly research from the Georgetown University Center on Education and the...
Rhode Island Gets New Chief and Associate Workers’ Compensation Judges
Jun 24 2016 // Rhode Island Governor Gina M. Raimondo this week hosted official swearing-in ceremonies for a new chief judge and an associate judge of the state Workers’ Compensation Court. Judge Robert Ferrieri is the new chief...
Opioid Prescriptions in Workers’ Compensation Cases Decline: WCRI Study
Jun 20 2016 // A new study by the Workers Compensation Research Institute (WCRI) found “noticeable decreases” in the amount of opioids prescribed per workers’ compensation claims in a majority of 25 states studied. The...
Allianz’ PIMCO Axes Jobs in Response to Fall in Assets after Gross’ Exit
Jun 17 2016 // Pacific Investment Management Co. cut its workforce by 68 people, or about 3 percent, and is offering buyouts as assets under management have fallen in recent years, according to a memo obtained by Bloomberg. “Like...
Startup Health Broker Zenefits Cuts More Jobs; CEO Vows ‘Total Redesign’
Jun 15 2016 // Zenefits, a human resources software startup that has been beleaguered by compliance issues, is laying off more than 100 employees, as investors point to the company as a cautionary tale for startups that try to grow too...
Atlas General Insurance Services, LLC Announces Exclusive New Workers’ Compensation Partnership with Falls Lake Insurance Companies
Jun 14 2016 // San Diego, CA, June 14, 2016 – Atlas General Insurance Services, LLC, a national multi-line program administrator, announced today the addition of an exclusive new workers’ compensation insurance program with Falls...
WCRI Study Finds ‘Noticeable’ Drop in Opioid Prescriptions in Workers’ Compensation Cases
Jun 9 2016 // A new study by the Workers Compensation Research Institute (WCRI) found “noticeable decreases” in the amount of opioids prescribed per workers’ compensation claim in a majority of 25 states studied. The...
Jury Finds for University of Florida in Hiring Discrimination Suit
Jun 9 2016 // The University of Florida has prevailed in a lawsuit brought by a former faculty member. In the 2013 lawsuit Dana Peterson claimed he was denied a promotion to a director’s position because it was given to a...
Investigation Solutions’ Scrutiny Leads Orange County DA to Allege $2 Million Workers’ Compensation Payroll Fraud
May 24 2016 // Irvine, CA, May 24, 2016- The Orange County District Attorney’s Office has charged an Irvine, California business owner and his bookkeeper with fraud for allegedly underreporting payroll to their workers’...
Workers’ Compensation Market Improved, Grew Premium in 2015: NCCI
May 23 2016 // The workers’ compensation market is healthy and profitable. This year’s “State of the Line” report, published by the National Council of Compensation Insurance (NCCI), indicates that the...
Agents Sound Off on Compensation
May 23 2016 // On a first quarter results call, W.R. Berkley Corp. President and CEO Robert Berkley cited a growing and alarming level of tension between carriers and distribution, driven by what he called a fight to grow margins in the...
Agents Seek Better Compensation Deal with Carriers
May 19 2016 // On a first quarter results call W.R. Berkley Corp. President and CEO Robert Berkley cited a growing and alarming level of tension between carriers and distributors, driven by what he called a fight to grow margins in the...
Top 5 Workers Compensation Claims and Their Causes
May 18 2016 // Strains and sprains are the most common worker injury while worker injuries are most frequently the result of materials handling incidents, according to a review of more than 1.5 million workers compensation claims by The...
Minnesota Workers’ Compensation: A No-Fault System
May 18 2016 // Workers’ compensation is a no-fault system in Minnesota: the employee does not need to prove negligence on the part of the employer to establish liability and the employer cannot use negligence on the part of the...
Workers’ Compensation in Missouri: In the Middle of the Rate Pack
May 17 2016 // Missouri comes in at 21 for the highest workers’ compensation premium rates of the 50 U.S. states and the District of Columbia, just under Minnesota, according to the Missouri Department of Labor and Industrial...
