Latest Talent Headlines

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

Buffalo Bus Driver Gets 5 Years Probation for Workers’ Compensation Claims Fraud

Dec 22 2022 // A former bus driver for the Niagara Frontier Transportation Authority (NFTA) has been sentenced to five years of probation for fraudulently obtaining workers’ compensation benefits by misrepresenting her injuries....

Exxon Avoids Hiring Tankers That Previously Transported Russian Oil

Dec 21 2022 // Exxon Mobil Corp., is avoiding hiring oil tankers that previously carried cargoes from Russia, putting itself in the same camp as Shell Plc with a move that pressures owners to choose whether to serve Moscow’s...

Massachusetts Fines Benefit Manager Over Workers’ Compensation Drug Prices

Dec 20 2022 // Massachusetts Attorney General Maura Healey announced that a pharmacy benefits manager, Health E Systems, has agreed to pay $275,000 for allegedly failing to follow prescription pricing procedures that are designed to...

To Compete for IT Talent, Industry Must Embrace the Cloud

Dec 20 2022 // To compete for top IT talent, the insurance sector will need to evolve.Jay Rabinowitz, vice president of financial services and insurance at Workday, predicts that IT and data scientists at insurance companies will be...

Court Defines Insurance Broker’s Duty to Inform LLCs About Workers’ Compensation

Dec 15 2022 // What is the duty of an insurance broker in New Jersey to members of a limited liability corporation (LLC) when it comes to workers’ compensation coverage?The New Jersey Supreme Court this week ruled that a broker has...

Career Certified Acquires Kansas-Based Licensing School A.D. Banker

Dec 13 2022 // Career Certified acquired A.D. Banker, a 43-year veteran provider of online education for Insurance (Pre-Licensing and Continuing Education) and Securities (Pre-Licensing). A.D. Banker provides a comprehensive offering for...

Massachusetts Settles With Walmart Over Workers’ Compensation Drug Prices

Dec 7 2022 // Retail pharmacy Walmart, Inc. has agreed to pay $500,000 to Massachusetts after allegedly failing to follow the state’s prescription pricing procedures designed to keep costs down in the workers’ compensation...

With Challenge Comes Opportunity: How Networking, Apprenticeship & Mentoring Can Help with Today’s Talent Crunch

Dec 5 2022 // Even before waves of people quit their jobs in the wake of COVID-19, brokers and agents struggled to find and retain good talent as the workforce continued aging out.Challenge has led to opportunity, however, with creative...

The Talent Crunch: Tough Competition for Agency Talent Continues

Dec 5 2022 // The struggle to fill vacant positions at Conrade Insurance Group is real.Two slots remain open after the Kansas-based agency spent more than six months trying to fill them. Underscoring the challenges, a new hire even...

Insurance Agencies Share Recruiting Lessons From 2022

Dec 5 2022 // December is the perfect time to reflect on lessons learned over the last 12 months, and how to apply them in the new year. Hiring and recruiting is universal. We can learn a lot from one another. For this column, I posed a...

Facebook Accused by Female Truckers of Skewing Job Ads

Dec 2 2022 // Meta Platforms Inc. unlawfully steered dozens of hiring ads from trucking companies and other advertisers to mostly one gender or age group, an advocacy group for female truckers alleged in a U.S. complaint on Thursday,...

Dutch Court Denies RWE and Uniper Compensation for Closure of Coal-Fired Plants

Dec 1 2022 // The Dutch state does not have to compensate German energy suppliers RWE and Uniper for the decision to close coal-fired energy plants in the Netherlands by 2030, a Dutch court ruled on Wednesday.RWE owns two of the current...

Proposed Settlement Bars Financing Firm From Victim Compensation Funds

Nov 28 2022 // The federal Consumer Financial Protection Bureau (CFPB) and the New York attorney general have resolved years-long claims of deceptive practices in connection with cash advances offered to people on their settlement...

Renewable Energy Market Generating New Interest As Sector Grows, Need for New Talent, Funding and Industry Partners Emerges

Nov 21 2022 // As the renewable energy insurance market continues to grow, there are risk concerns including catastrophe exposures, inflation and supply chain challenges.The insurance industry is well aware of the risks and knows it will...

New Jersey Workers’ Compensation Rates to Drop 6.1% for 2023

Nov 9 2022 // New Jersey workers’ compensation and employer liability insurance rates will be cut an average 6.1% beginning January 1, 2023.The reduction is more than the 4.7% decrease that industry’s rating bureau had...

Massachusetts AG Finds More Drug Overcharges in Workers’ Compensation

Nov 8 2022 // Pharmacy benefits manager Express Scripts, Inc. has agreed to pay $3.2 million after allegedly failing to follow prescription pricing procedures intended to keep costs down and prevent overcharges in the state’s...

9 Talent Acquisition Goals for Insurance Organizations in 2023

Nov 7 2022 // Sourcing is the number one problem most insurance organizations tell me they have with recruiting. While finding candidates is important, that’s like saying your company’s revenue will grow if you get more...

Wells Fargo Says SEC Is Examining its Hiring Practices

Nov 1 2022 // Wells Fargo & Co said on Monday that the U.S. Securities and Exchange Commission has begun investigating its hiring practices, after the Department of Justice had opened a related probe.In its quarterly report filed...

New York’s Workers’ Compensation Fund Now Covers Out-Of-State Workers

Oct 31 2022 // The New York State Insurance Fund (NYSIF), the state’s largest workers’ compensation insurer, announced that it will extend coverage to out-of-state employees for the first time.Under the initiative, any New...

Connecticut Approves 3% Cut in Workers’ Compensation Costs for 2023

Oct 24 2022 // Connecticut businesses will see another rate decrease in workers’ compensation insurance beginning on January 1, 2023.The Connecticut Insurance Department has officially approved an average decrease of 3% to...