Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
Vast Majority of COVID-19 Workers’ Compensation Claims Are Small, Says NCCI
Oct 19 2020 // If COVID-19 behaves like other workers’ compensation lung and disease claims, about two out of 100 cases may result in some degree of permanent partial disability and one out of 2,000 may result in permanent total...
Successful Recruiting Requires a Different Story
Oct 19 2020 // The industry has long warned of the growing agent shortage and has prescribed more aggressive promotion of career opportunities especially in technology to attract the next generation. As the shortages grow more acute,...
Workers’ Compensation Benefits at Risk for Healthcare Workers, Others
Oct 19 2020 // Michigan Gov. Gretchen Whitmer’s June 17, 2020, order clarifying eligibility for workers’ compensation benefits for workplace exposure to COVID-19 is presumably overturned by the state supreme court’s...
Next Insurance Expands Workers’ Compensation to 24 Additional States
Oct 2 2020 // Next Insurance, a digital insurtech company focused on small business insurance, has expanded its workers’ compensation offering to 24 additional states, bringing the total number of states it offers coverage in to...
Next Insurance Adds 24 States to Its Workers’ Compensation Market Map
Oct 1 2020 // Next Insurance has expanded its workers’ compensation offering into 24 additional states, including Arizona, Connecticut, South Carolina, Indiana and Virginia. The digital small business insurer said that the...
More Than 7,500 Financial Services Jobs Move to Europe from London: EY Brexit Tracker
Oct 1 2020 // More than 7,500 finance jobs and a trillion pounds in assets have already left Britain for the European Union as banks prepare for full-blown Brexit in January, consultants EY said on Thursday. Banks, insurers and asset...
Allstate to Cut 3,800 Jobs as Latest Step in Multi-Year Growth Plan
Oct 1 2020 // The Allstate Corp. said it will cut approximately 3,800 jobs in claims, sales, service and support functions as part of its continuing plan to grow its property/casualty market share. The layoffs will affect about eight...
Worker’s Compensation Rates to Decrease in Idaho for 2021
Sep 29 2020 // A proposal for a 1.7% overall rate decrease to Idaho workers’ compensation insurance, effective Jan. 1, 2021, has been approved by the Idaho Department of Insurance. The proposed rate change is recommended by the...
Meat Plant Workers Being Denied Workers’ Compensation for COVID-19: Reuters
Sep 29 2020 // Saul Sanchez died in April, one of six workers with fatal COVID-19 infections at meatpacker JBS USA’s slaughterhouse in Greeley, Colorado, the site of one of the earliest and deadliest coronavirus outbreaks at a U.S....
Four Senior-Level Black Managers Including Diversity Leaders Exit AIG
Sep 28 2020 // American International Group Inc. has lost four senior Black managers in recent weeks, including two who were tasked with improving the diversity of the insurer’s ranks. Global inclusion head Vievette Henry and...
Arch Insurance Forms Single Managing Agency to Manage 4 Lloyd’s Operations
Sep 23 2020 // Arch Insurance International has formed Arch Managing Agency Limited to mange its Lloyd’s units. Arch Managing Agency Limited, which brings together Arch Underwriting at Lloyd’s and Barbican Managing Agency...
Time to Rethink Your Account Manager Recruiting Strategies
Sep 21 2020 // Year after year I have found that insurance agencies spend 60% of their recruiting activity on account management hires. This far overshadows the combined time spent hiring producers, managers and executives. With such a...
Foresight’s Tech-Driven Workers Compensation Program Breaks New Ground
Sep 15 2020 // Foresight is now appointing a group of founding broker partners focusing on hazardous verticals in the middle market San Francisco, CA, September 15, 2020 – Foresight, a commercial insurtech MGU with carriers rated...
IAT Insurance Group Names Fox Managing Director in New Jersey
Sep 8 2020 // IAT Insurance Group has named Chris Fox to its reinsurance business unit as managing director. He is based in IAT’s Newark, N.J., office. Fox comes to IAT after 12 years with Everest Re in both domestic and...
Changing How We Recruit — The Future of Insurance Post COVID-19
Sep 7 2020 // Typically each spring, a crop of fresh college graduates enters the workforce, making the critical first steps to determine personal and professional paths. Today, the job landscape differs greatly from what it was even a...
Recession Provides Fuel for Agency Start-ups
Sep 7 2020 // Starting an independent insurance agency, or any business, is a risky proposition. You’re moving from a secure position with a regular income and foreseeable future to a place where uncertainty is the new normal....
FAIA Chief Grady Says Goodbye, Shares Top Moments in 22-Year Career
Sep 7 2020 // Jeff Grady For 22 years, the Florida Association of Insurance Agents has been led by Jeff Grady, president and chief executive officer, who admits that when he started all those years ago he did not expect to “fall...
Insurers Say They’re Having Trouble Recruiting New Employees
Sep 2 2020 // U.S. insurers want to fill existing positions or expand their staffs over the next year but say they are still having trouble recruiting, even during the COVID-19 pandemic where unemployment has skyrocketed, according to a...
Why Some Organizations Are Managing Coronavirus Risk Better Than Others
Sep 1 2020 // While few, if any, organizations saw the coronavirus pandemic and all of its death and disruption coming, some were better positioned to deal with it than others. According to risk expert Jim Wetekamp, some organizations...
Analytics Helping Insurers Identify Workers’ Compensation ‘Mega’ Claims More Quickly
Aug 28 2020 // The share of “mega” workers’ compensation claims — those expected to cost $3 million or more — climbed steadily since 2013 after dropping as construction employment declined sharply during the Great...
