All the headlines from our Talent Topic Page, ordered by recency.
Mar 14 2012 // Ten new states now have access to workers’ compensation coverage from FastComp.com. The states are Kansas, Michigan, Minnesota, Montana, Nebraska, Nevada, Oklahoma, Oregon, Rhode Island and Utah. The product is now...
Mar 9 2012 // Lawmakers gave final approval on March 7 to legislation that would expand the type of ailments covered by the state workers’ compensation system, a move that supporters hope will make Missouri more attractive to...
Mar 9 2012 // San Diego, Calif.-based Arrowhead Wholesale Insurance Services named Tony McIntosh assistant vice president of its worker’s compensation practice in Northern California. McIntosh, who will be headquartered in Bencia,...
Mar 9 2012 // Insurance Australia Group Limited (IAG) announced that it is restructuring its “operating model” for its Australia Intermediated business, CGU. The changes are aimed at generating “annual cost savings of...
Mar 9 2012 // When it comes to the captive insurance industry, slow and steady growth is just fine with the state of Missouri. But it’s not like the state is reluctant to encourage captives to form or relocate there. Far from...
Mar 7 2012 // K&B Underwriters has launched a new workers’ compensation product in collaboration with SeaBright Insurance Co. The carrier will bring a claims handling and loss control program to K&B’s senior living...
Mar 7 2012 // Three high-profile claims bills that would let victims of governmental negligence receive millions in compensation cleared the Florida House on Monday.The bills now go to the Senate. One bill (SB 4) would require that an...
Mar 6 2012 // Markel International announced from its London headquarters that it has acquired the portfolio of business of Quay Underwriting (QU), a managing agent based in Dorset.Markel said QU “provides a wide range of...
Mar 5 2012 // After reading Walter Isaacson’s great book about Steve Jobs, I began to imagine: What would Steve Jobs do if he were running an insurance agency? The first obstacle I thought about was that Steve Jobs could not do it...
Mar 5 2012 // When it comes to the captive insurance industry, slow and steady growth is just fine with the state of Missouri. But it’s not like the state is reluctant to encourage captives to form or relocate there. Far from...
Mar 5 2012 // Seventy-nine percent of companies are already using or planning to use social media in their business strategy. The No. 1 benefit organizations attribute to social media is increased awareness among target customers. Yet...
Feb 24 2012 // The first lesson learned from Walter Issacson’s best-selling biography, Steve Jobs (Simon and Schuster), is that you should have started your agency in a garage with a guy called “Woz.” If you did, stop...
Feb 23 2012 // A man who was born with half a left arm is suing Starbucks for failing to hire him as a barista.Eli Pierre sued the company in San Diego, Calif. two weeks ago for unspecified damages. Pierre says that during a Feb. 1...
Feb 21 2012 // South Carolina employers could see their workers’ compensation premiums increase next year if state regulators go along with a proposed 7.3 percent increase in the state’s loss cost rates.The National Council...
Feb 20 2012 // The study by the Ward Group also found that carriers are continuing to increase their volume and premium requirements for agencies, and both agency appointments and terminations have slowed.The Ward Group study of agency...
Feb 20 2012 // Personnel expenses remain the largest expense for any independent insurance agency today. Typically, personnel expenses account for about 50 percent to 70 percent of revenue. Therefore, smart agency owners should think...
Feb 20 2012 // The state of the labor market is changing. Unemployment rates are dropping and companies are opening up hiring budgets. Organizations that believe employees are lucky to simply have a job in this economy are headed for...
Feb 20 2012 // It looks like the freeze may be over. For the first time since 2008, independent agency salaries rose in 2011, albeit only slightly.According to Insurance Journal‘s annual Agency Salary Survey, the average salary...
Feb 20 2012 // Be creative with compensation and perquisites. Remember, most people are not motivated by additional money. Respect, recognition, challenge and non-monetary benefits mean more to most people than a few dollars for a new...
Feb 20 2012 // The insurance industry had 5,300 net job gains in December 2011 compared to November 2011, according to the latest industry-specific data published by the federal government this month.The U.S. Labor Department’s...