Latest Human Resources Headlines

All the headlines from our Human Resources Topic Page, ordered by recency.

The Nonadmitted and Reinsurance Reform Act

Jul 23 2007 // The right policy at the right time …After decades of frustration and brutal disappointment, the vexing and seemingly intractable tax payment and regulatory compliance problems surplus lines brokers face on...

Congress gets serious about surplus lines insurance reform

Jul 23 2007 // Legislation passes House, heads for the Senate; but not all in the industry think it’s the answer as now writtenInsurance regulatory reform efforts on Capitol Hill took a giant leap forward with the recent House...

Managing energy industry risk in a volatile world

Jul 23 2007 // Taking the time to qualify a responsive and capable carrier with energy industry-specific expertise, upfront, before scrambling to line up quotes or compare policy parameters, is worth the investment.The world has...

THE NONADMITTED INSURANCE AND REINSURANCE REFORM ACT OF 2007 (HR 1065)

Jul 23 2007 // The bill would establish national standards for how states regulate the surplus lines market and reinsurance. HR 1065 creates: a uniform system of premium tax allocation and remittance for surplus lines premium...

The Nonadmitted and Reinsurance Reform Act

Jul 23 2007 // After decades of frustration and brutal disappointment, the vexing and seemingly intractable tax payment and regulatory compliance problems surplus lines brokers face on multi-state risks are about to be solved. The long...

Managing energy industry risk in a volatile world

Jul 23 2007 // Taking the time to qualify a responsive and capable carrier with energy industry-specific expertise, upfront, before scrambling to line up quotes or compare policy parameters, is worth the investment.The world has...

Managing energy industry risk in a volatile world

Jul 23 2007 // The world has experienced rapid and profound changes in recent years, and the energy industry has been no exception. Climate changes (including global warming), market fluctuations, ever-increasing business mergers and...

The Nonadmitted and Reinsurance Reform Act

Jul 23 2007 // After decades of frustration and brutal disappointment, the vexing and seemingly intractable tax payment and regulatory compliance problems surplus lines brokers face on multi-state risks are about to be solved. The...

Industry supports terror bill but not all agree with NBCR mandate

Jul 23 2007 // At a congressional hearing in Washington, D.C. last month, insurance industry group representatives generally spoke in favor of a bill that would extend the federal backstop for terrorism insurance coverage for another 10...

Congress gets serious about surplus lines insurance reform

Jul 23 2007 // Insurance regulatory reform efforts on Capitol Hill took a giant leap forward with the recent House passage of HR 1065, the Non-Admitted and Reinsurance Reform Act of 2007. Sponsored by Rep. Dennis Moore, D-Kan., and Rep....

Lloyd’s CEO Puts the Hammer Down

Jul 12 2007 // “I have no doubt that there is a shared will in the market to improve our processes and much progress has been made,” stated Lloyd’s Chief Executive Richard Ward in response to a letter sent to the market...

Focus key to surviving insurance industry challenges

Jul 2 2007 // The “big problems” facing insurance agents and brokers today are human resources; government intervention; sustaining agency revenue growth/profit; maintaining a consistent company strategy and tactics; and...

People

Jul 2 2007 // Chicago-based Aon Corp. reported that David P. Bolger, executive vice president, chief financial officer and chief administrative officer, is leaving the company. Bolger will remain with Aon until the search for his...

Focus key to surviving insurance industry challenges

Jul 2 2007 // The “big problems” facing insurance agents and brokers today are human resources; government intervention; sustaining agency revenue growth/profit; maintaining a consistent company strategy and tactics; and...

Lloyd’s Enables Advanced Slip Checking Technology

Jun 28 2007 // In a further move to bring its processing operations into the 21st Century, Lloyd’s announced that it has “teamed up with Adsensa – one of the London Market’s leading suppliers of slip and policy...

People

Jun 18 2007 // Louisiana Workers’ Compensation Corp. (LWCC) hired David T. White as director of internal audit. White will be responsible for providing overall direction for the internal audit function. He was previously audit unit...

Managing D&O claims expense

Jun 18 2007 // One of the standard features of the typical directors’ and officers’ liability insurance policy is the provision allowing the insureds to select their own defense counsel, subject only to the insurance...

Wells Fargo Names New Managing Director in Omaha Office

Jun 14 2007 // Wells Fargo Insurance Services recently announced that it has named Gina Samland managing director of its Omaha, Neb. office. Samland’s responsibilities include the overall management, direction, expansion, and...

Hartford Financial Reports Changes at the Top; Names Marra President

Jun 13 2007 // The Hartford Financial Services Group, Inc. has named Thomas M. Marra to the newly created position of president and chief operating officer. Marra, 48, currently a member of the company’s board of directors and...

People

Jun 4 2007 // Emeryville, Calif.-based Commodore Insurance Services Inc. appointed Mark Cravens president. Cravens was recently with Wellington Underwriting, which was acquired by Catlin, where he led development of catastrophe modeling...