Latest Talent Headlines

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

Study Traces COVID-19 Impact on New York Workers’ Compensation Claims

Oct 21 2022 // During the height of the pandemic, New York workers’ compensation indemnity payments increased while medical payments decreased.That’s according to a new report from the Workers Compensation Research Institute...

Delaware Workers’ Compensation Rates to Drop by Double Digits: Navarro

Oct 18 2022 // Delaware workers’ compensation insurance rates will decrease for the sixth year in a row, effective December 1, 2022. Both the voluntary market and the residual market will see rate decreases in the double...

Identifying the Right Talent for Your Insurtech

Oct 17 2022 // Insurtechs are continuing to disrupt the insurance industry, while pushing traditional insurers to focus on modernization initiatives and how they can best leverage the capabilities of data and analytics. While global...

Ariel Re Obtains Approval to Launch Managing Agent at Lloyd’s

Oct 5 2022 // Ariel Re, a global reinsurance business with offices in Bermuda, London and Hong Kong, has obtained approval to launch a managing agent at Lloyd’s of London.The new managing agency, Ariel Re Managing Agency (ARMA),...

Workers’ Compensation Premiums Increase 10% for First Six Months of 2022

Oct 3 2022 // A comparison of workers’ compensation direct premium written indicated an overall increase of approximately 10.1% for the first six months of 2022 compared to the first six months of 2021. Twenty of the Top 25...

Is Our Company at a Recruiting Disadvantage?

Oct 3 2022 // The talent war is volatile. In response, you may have noticed how many “first time” situations in 2022 you went through to hire someone. The first time hiring 100% remote. The first time paying an account...

How Charitable Giving Can Solve the Industry’s Talent Problem

Oct 3 2022 // For years, the insurance industry has battled a looming talent crisis, and the threat of that crisis is becoming more urgent.According to the U.S. Bureau of Labor Statistics, more than 50% of insurance workers will retire...

Connecticut Workers’ Compensation Costs to Fall in 2023

Sep 30 2022 // Connecticut workers’ compensation costs to employers are on their way down, again.The industry’s National Council on Compensation Insurance’s (NCCI) has proposed an overall average change of -3.0% to the...

New York Bus Driver Pleads Guilty to $30K Workers’ Compensation Fraud

Sep 28 2022 // A New York bus driver faces sentencing for fraudulently collecting more than $30,000 in workers’ compensation wage indemnity benefits by falsely claiming that she was unable to work as a result of a disability,...

Proposed Australian Law Would Make It Employers’ Job to Stop Sexual Harassment

Sep 27 2022 // New legislation introduced into Australia’s Parliament will place a “positive duty” on employers to prevent workplace sexual harassment, as part of sweeping changes to improve worker safety.Under the...

People Moves: Maxwell Managing Director at Markel Specialty; Bouvier Hired as Compre Claims Director; Sensa Taps Brown as COO

Sep 22 2022 // Markel Promotes Maxwell to Managing Director, Commercial Excess WholesaleMarkel Corporation has appointed Sarah Maxwell managing director, commercial excess wholesale, for the Markel Specialty division. Maxwell joined...

Dale Partners Ltd. Gets Regulatory Nod to Launch Lloyd’s Managing Agency

Sep 22 2022 // Dale Partners Ltd. (DPL) announced it has received approval from the UK Prudential Regulation Authority (PRA), the Financial Conduct Authority (FCA) and Lloyd’s to launch its managing agency, Dale Managing Agency...

People Moves: Epic Insurance Names Rains Managing Principal in Tennessee

Sep 21 2022 // EPIC Insurance Brokers, a property and casualty insurance brokerage and employee benefits consultant, announced that is has named Parker Rains as managing principal for its property/casualty practice.Rains, based in...

Delaware Law Cut Workers’ Compensation Medical Claim Costs by 33%: WCRI

Sep 16 2022 // A Delaware workers’ compensation law passed in 2014 has succeeded in lowering workers’ compensation medical claim costs, new research shows.The report from the Workers Compensation Research Institute (WCRI)...

New York Revises Compensation Fund, Workers’ Compensation Claims for 9/11 Victims

Sep 12 2022 // Ahead of the 21st anniversary of 9/11, New York Governor Kathy Hochul signed several bills into that that seek to support to 9/11 victims and survivors and their families. This new laws target barriers and delays in the...

Offshore Wind Farm Worker Hiring and Safety Training Ramp Up

Sep 6 2022 // At a 131-year-old maritime academy along Buzzards Bay in Massachusetts, people who will build the nation’s first commercial-scale offshore wind farm are learning the skills to stay safe while working around turbines...

Recruiting and Retaining Claims Talent in the Candidate’s Market

Sep 5 2022 // The insurance industry is experiencing a reshuffling of talent, an aging workforce and ongoing disruption. Its vital insurance organizations are exploring their current talent strategies to successfully attract and retain...

Hippo Cuts Staff 10%; 70 Jobs Eliminated

Sep 1 2022 // As part of an “organizational realignment,” Hippo Holdings Inc. said that it is eliminating roughly 70 jobs from the company, amounting to about 10% reduction of the insurtech’s overall workforce.Hippo, a...

Former Virginia Deputy Attorney General Sues After Losing Job Over Jan. 6 Comments

Aug 22 2022 // A former deputy Virginia attorney general who says she was fired over social media posts in which she praised the Capitol rioters as “patriots” and falsely claimed Donald Trump won the 2020 election is suing...

Insurers Anticipate Staffing Increase Over the Next Year Despite Recruiting Difficulty: The Jacobson Group

Aug 22 2022 // Most insurers (68 percent) plan to increase staff during the next 12 months, while only 5 percent anticipate a reduction in the number of employees, according to the Semi-Annual U.S. Insurance Labor Market Study by The...