All the headlines from our Talent Topic Page, ordered by recency.
Nov 21 2024 // The trend of decreasing rates in Connecticut workers’ compensation insurance will continue as the state’s insurance regulator has approved an industry proposed 6% rate decrease beginning January 1, 2025.The...
Nov 19 2024 // The U.S. Department of Labor and the University of Texas Southwestern Medical Center have entered into a conciliation agreement in which the federal contractor will pay $900,000 in back wages and interest to resolve...
Nov 19 2024 // AM Best has assigned a Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Rating of “a-” (Excellent) to Standard and Preferred Insurance Co. of Kew Gardens, New York. The outlook assigned...
Nov 19 2024 // A German court said on Monday that Facebook users whose data was illegally obtained in 2018 and 2019 were eligible for compensation.The Federal Court of Justice (BGH) ruled that the loss of control over one’s data...
Nov 19 2024 // Florida employers will soon see the smallest decrease in workers’ compensation rates in years – just a 1% reduction from current overall rates in the voluntary market.The Florida Office of Insurance Regulation...
Nov 18 2024 // I remember 1994 when I was running for the United States Senate. My campaign consultants thought I should publish my tax returns and challenge my opponent to do the same. He had a very checkered business career. I was...
Nov 18 2024 // Delaware Insurance Commissioner Trinidad Navarro announced that workers’ compensation insurance rates will decrease for the eighth year in a row, effective December 1. The voluntary market is expected to decrease...
Nov 12 2024 // Direct Line Insurance Group Plc, the UK insurer that rejected a takeover attempt by Belgian rival Ageas SA earlier this year, is set to cut about 550 jobs as part of a turnaround plan aimed at saving £50 million ($64...
Nov 6 2024 // The U.S. Department of Labor’s Office of Federal Contract Compliance Programs has entered into an agreement with McKesson Medical-Surgical Inc., one of the nation’s largest distributors of medical supplies, to...
Nov 4 2024 // Last month we discussed the three components of owner compensation that we recommend. These include the management piece, production component and how to split up the profits all based on the performance of each owner.This...
Oct 31 2024 // New York employers will pay 22% less in the annual assessment to run the state’s workers’ compensation system in 2025.The rate assessed on standard premiums will be 7.1% beginning January 1, 2025, down from...
Oct 30 2024 // Correction: A earlier version of this story had the wrong percentage in the headline. Insurance Journal regrets the error.New Jersey Commissioner of Banking and Insurance Justin Zimmerman has approved a 6.9% statewide...
Oct 28 2024 // Brazil on Friday signed a 170 billion reais ($29.85 billion) compensation agreement with miners BHP, Vale, and Samarco for the Mariana dam collapse in 2015, one of the country’s worst environmental disasters.The...
Oct 24 2024 // Intesa Sanpaolo SpA is replacing thousands of staff with younger hires to set the firm up for the use of artificial intelligence, demonstrating how much the technology is impacting workers across the financial industry.The...
Oct 24 2024 // Brazilian authorities will sign on Friday a long-awaited reparation deal with miners Vale, BHP and Samarco over the 2015 Mariana dam collapse, the country’s presidential office said on Wednesday.The agreement will be...
Oct 23 2024 // This post is part of a series sponsored by Selectsys.Managing multi-carrier processes presents significant challenges for Managing General Agents (MGAs). With increasing complexity in the insurance landscape, MGAs must...
Oct 21 2024 // Miners Vale, BHP and Samarco are discussing a near $30 billion compensation deal with Brazilian authorities related to the 2015 Mariana dam collapse, they said on Friday, with an agreement set to be signed on Oct. 25,...
Oct 18 2024 // A worker injured when he fell from a ladder is entitled to workers’ compensation benefits despite the fact he was intoxicated at the time of the accident.An appellate court in New York has upheld a decision of the...
Oct 16 2024 // Britain’s departure from the European Union cost London’s financial center about 40,000 jobs, the Lord Mayor of the City of London told Reuters, a far deeper impact from Brexit than previous estimates.Michael...
Oct 15 2024 // Delaware Insurance Commissioner Trinidad Navarro announced that workers’ compensation insurance rates will decrease for the eighth year in a row, effective December 1. The voluntary market is expected to decrease...