All the headlines from our Talent Topic Page, ordered by recency.
Mar 12 2007 // Incentive pay plans for agents that some insurers are implementing to replace discontinued contingency compensation could work out better for agents than the programs they are replacing.A handful of major carriers banned...
Mar 7 2007 // A bid to make it illegal for New Jersey auto insurers to use a driver’s job and education to decide rates failed Monday.The Senate Commerce Committee voted against releasing a proposal to ban car insurers from...
Mar 6 2007 // New Jersey drivers could see a return to high prices and fewer choices for their insurance if legislators limit the use occupation and education as rating factors, insurers warned lawmakers at a legislative hearing this...
Mar 6 2007 // GEICO Insurance plans to add 100 workers to its Coralville, Iowa office, the company announced this week. The new jobs will be entry-level sales and service jobs, said Dina Pon, manager of GEICO insurance in Coralville....
Mar 5 2007 // Bermuda-based Quanta Capital Holdings Ltd. announced that it has entered into definitive agreements with Chaucer Holdings PLC, the specialty Lloyd’s insurer, and the senior underwriting team of Syndicate 4000,...
Mar 5 2007 // Georgia Insurance Commissioner John Oxendine, who was recently elected to his fourth four-year term, thinks Main Street insurance agents are being treated unfairly in the debate over agency compensation and isn’t...
Mar 5 2007 // Travelers Oil & Gas recently launched an emergency response planning guide for managing well blowouts that occur on U.S. oil and gas land drilling operations. According to the company announcement, it is the...
Feb 27 2007 // Actuaries, those number-crunching whizzes who help determine insurance premiums based on the odds of bad things happening, are in high demand these days, because new mathematical models are needed to respond to natural...
Feb 26 2007 // In almost every aspect of any business, the best day to do everything is the first day, especially when it comes to a new producer’s first day on the job. In order to make the most of the agency’s investment,...
Feb 26 2007 // Insurers are defending the factors they use in pricing auto insurance, including the occupation and education levels of insureds, arguing that the criteria have been actuarially tested for their ability to predict...
Feb 25 2007 // News CurrentsInsurers are defending the factors they use in pricing auto insurance, including the occupation and education levels of insureds, arguing that the criteria have been actuarially tested for their ability to...
Feb 25 2007 // In almost every aspect of any business, the best day to do everything is the first day, especially when it comes to a new producer’s first day on the job. In order to make the most of the agency’s investment,...
Feb 22 2007 // Australia’s corporate regulator has launched a civil suit against building materials giant James Hardie Industries NV for allegedly misleading investors about the cost of compensating victims of its asbestos...
Feb 16 2007 // The National Association of Mutual Insurance Companies disputed claims made by the Florida Office of Insurance Regulation that auto insurance companies use education and occupation underwriting criteria to charge higher...
Feb 13 2007 // Insurers are defending the factors they use in pricing auto insurance, including the occupation and education levels of insureds, arguing that the criteria have been actuarially tested for their ability to predict...
Feb 11 2007 // Does voluntary disclosure work? CATASTROPHE LOSSES Lessons learned from ’05 & ’06 UNACCEPTABLE LEVEES West leads in systems that need fixing
Feb 9 2007 // In Florida, it literally pays to have a high school diploma and a post secondary education – to the disapproval of Insurance Commissioner Kevin McCarty.The use of occupation and education as underwriting factors by...
Jan 29 2007 // Texas-based National Insurance Partners Inc. (NIP) announced that in partnership with veteran executive compensation expert, Steven Cross, it is building a new company, Cogent Compensation Partners (Cogent), that will...
Jan 29 2007 // The Texas Department of Insurance announced it has a new interactive resource on the agency’s Web site, http://www.tdi.state.tx.us/commish/careers.html, describing careers available in the insurance industry: from...
Jan 28 2007 // When helping contractors and subcontractors reduce their workers’ compensation costs, focus on four key elements: accurately determine the cause of the high costs, improve communications with employees, bring...