Latest Talent Headlines

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

Conn. Vows Renewed Focus on Insurance Job Development

May 6 2005 // Vowing to boost the state’s status as Insurance Capital of the World, Connecticut Gov. M. Jodi Rell is creating a special office within her Department of Economic and Community Development dedicated to retaining,...

Recruiting Doctors to Nevada Remains Difficult Due to Medical Costs

May 6 2005 // While liability premiums have stabilized, recruiting doctors to Nevada remains difficult because of six-figure annual medical insurance costs, board members of a doctor-owned insurance company told lawmakers...

Guy Carpenter Will Disclose Compensation for Facultative Placements Worldwide

May 5 2005 // Guy Carpenter & Company Inc. announced that its policy regarding disclosure of compensation to clients has been extended to include facultative placements worldwide.Previously, Guy Carpenter announced its commitment...

Broker Compensation Bill Defeated in Calif. Committee

Apr 28 2005 // The American Agents Alliance reported that SB 938 (Dunn) was heard and defeated in the Senate Banking, Finance and Insurance Committee yesterday by a 2-5 vote. The bill, which the Alliance and other insurance trade groups...

NAMIC Says Calif. Commissioner Continues Search for Problem to Solve on Broker Compensation

Apr 27 2005 // California Insurance Commissioner John Garamendi’s hoped-for regulations on the professional duties of an agent or broker propose solutions to problems that have yet to be identified according to the National...

Fla. House Passes HB1019, Asbestos and Silica Compensation Act

Apr 22 2005 // The Florida House has passed the Asbestos and Silica Compensation Act (HB1019), which requires plaintiffs meet specific medical criteria before they can pursue an asbestos or silica claim in the court system. The bill...

Calif. Sen Feinstein Reacts to Asbestos Compensation

Apr 22 2005 // U.S. Senator Dianne Feinstein (D-Calif.) joined Senators Arlen Specter (R-Pa.), Patrick Leahy (D-Vt.), Orrin Hatch (R-Utah), at a news conference recently to discuss bipartisan legislation creating a national trust fund to...

From Brokers and Risk Managers, Mixed Signals on Compensation and Conflicts of Interest

Apr 20 2005 // The risk management community and the world’s largest insurance brokers sent mixed signals on the future of contingent commissions for insurance brokers and other potential areas of conflict of interest at this...

RELL PRESSURES METLIFE ON JOBS:

Apr 18 2005 // Connecticut Governor M. Jodi Rell said she is “extremely unhappy” as she learns more about the possibility of significant job losses resulting from MetLife’s planned acquisition of Travelers Life &...

Workers’ Compensation Reform: Good Medicine But No Cure

Apr 18 2005 // As every employer knows, Texas’ workers’ compensation system is sick. In fact, some say it’s on life support. The remedies offered by the two bills currently before the legislature–House Bill 7 and...

Insurer Group Files Lawsuit Against Texas Workers’ Compensation Commission

Apr 15 2005 // The Insurance Council of Texas reported it filed a lawsuit against the Texas Workers’ Compensation Commission challenging the agency’s proposed assessment of costly administrative penalties. ICT questions why...

Policymakers Urged to Weigh Cost of Consumer Regulation, Not Just Producer Compensation

Apr 14 2005 // Policymakers concerned that producer compensation practices might result in higher prices for insurance consumers should “pay attention to regulatory requirements that have had that effect for years,” according...

ATRA: Big Business of California’s Lawsuit Industry Costing Golden State Jobs

Apr 14 2005 // The American Tort Reform Association (ATRA) on Thursday applauded the Manhattan Institute’s Center for Legal Policy for exposing how plaintiffs’ lawyers are reportedly driving businesses and jobs from...

MetLife Buy of Travelers to Cost 600 Jobs

Apr 13 2005 // MetLife Inc., one of the nation’s largest insurers, revealed that it will cut 600 jobs within a year as part of its takeover of Travelers Life and Annuity.One hundred positions will be eliminated immediately and 500...

Best Affirms FSR for Accident Compensation Corp.

Apr 7 2005 // A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of Accident Compensation Corporation (ACC) (New Zealand). The rating outlook is stable.The rating reflects ACC’s unique status in the accident...

Aon Details Compensation for New CEO

Apr 5 2005 // The compensation committee of the board of directors of Chicago-based Aon Corp. as approved a grant of stock options and restricted stock units for its new president and CEO, Gregory C. Case. Case will receive: restricted...

NCOIL Approves Producer Compensation Disclosure Model Act

Apr 4 2005 // The approval of a revised producer compensation disclosure model act and a resolution calling on commissioners to oppose the application of Sarbanes-Oxley financial reporting requirements on nonpublicly traded insurance...

Conn. Gov. Rell ‘Unhappy’ Over Possible Big Job Losses from MetLife Buy of Travelers Life

Mar 30 2005 // Connecticut Governor M. Jodi Rell said today she is “extremely unhappy” as she learns more about the possibility of significant job losses resulting from MetLife’s planned acquisition of Travelers Life...

Insurers Consider NAIC Broker Compensation Disclosure Amendment Overbroad

Mar 28 2005 // The National Association of Mutual Insurance Companies (NAMIC) said it has sent a letter to NAIC President Diane Koken, who also serves as chair of the executive task force on broker activities, to reaffirm its view of the...

N.Y. Court Denies Workers’ Compensation Survivor Benefits for Same-Sex Partner

Mar 23 2005 // A New York man who sought workers’ compensation benefits after his same-sex partner of more than 20 years was killed in an airplane crash has been denied his claim.The Appellate Division of the Supreme Court of the...