All the headlines from our Talent Topic Page, ordered by recency.
May 18 2001 // Employers Reinsurance Corporation (ERC), a GE company, announced it has moved its facultative workers’ compensation product line to its P&C Re Americas business unit. The P&C Re facultative unit will now be...
Apr 20 2001 // Bermuda-based international broker Stirling Cooke Brown Holdings Ltd. has named Anthony C. McCallum as the new head of its London reinsurance intermediary operations.McCallum joins Stirling Cooke two years after numerous...
Apr 19 2001 // Following a larger than expected 5.5 percent drop in profits, Anglo-Swiss insurer Zurich Financial Services announced plans to reduce its operations in the U.K. with the elimination of 550 jobs. Most employees, however,...
Mar 26 2001 //
Mar 7 2001 // Britannic is to cut more than 40 percent of its workforce, with 2,000 positions coming from the Britannic Assurance arm. The company blamed the cuts on a growth in red tape and the end of the UK’s jobs-for-life...
Mar 7 2001 // In keeping with its aggressive and acquisitive nature, Fiserv Inc. announced March 6 that it had purchased Agoura Hills, Calif.-based Facilities and Services Corporation. The arrangement will allow FSC, which has thus far...
Mar 6 2001 // Citigroup is offering company head Sanford “Sandy” Weill $28.6 million in salary and bonuses for 2000, almost twice what he received in 1999. Reuters news service reported the increase based on a filing last...
Feb 20 2001 // Sun Life of Canada is shutting its UK sales operation and cutting1,700 jobs over the next three years. The company, which has 100,000 UK shareholders, also issued a profits warning, saying that meeting expectations would...
Feb 13 2001 // Prudential expects to cut 2,000 sales jobs in Great Britain over the next year in a restructuring of its direct sales force in the UK. The company is reportedly shifting its focus from a large direct sales force to...
Jan 29 2001 // Following a “strategic review” commenced last November, ING Group announced that it expected to cut around 1100 jobs at its investment banking units, principally at Barings Bank in London. The move is in line...
Jan 22 2001 // Whether it is the dry desert heat of El Paso or the humid sauna of Houston, people who grew up in Texas know that its summers are naturally hot. For people in Dallas, last summer was no exception. After 44 days in the...
Dec 19 2000 // Aetna Inc. plans to cut 5,000 jobs, or 13 percent of its work force, and take an estimated $565 million in charges in the fourth quarterin an effort to cut costs and boost profits. The move is Aetna’s first step in...
Dec 14 2000 // As many as 23,000 workers’ comp claims filed in 1999 were miscoded or lacked a code that helps determine the premiums paid by businesses. So found a study released Monday by the Ohio Bureau of Workers’...
Dec 5 2000 // As expected, Royal Bank of Scotland has been ordered to pay an estimated £50 million ($72.5 million) in compensation to customers of its Royal Scottish Assurance affiliate who bought endowment mortgages between 1990...
Nov 27 2000 // “Make no mistake about it—we are at war right now,” John Amore, CEO of Zurich U.S. Specialties, told a roomful of 600+ attendees during the general session of the 52nd Annual Golden Gate Chapter CPCU All...
Nov 20 2000 // Aon Corp. reported it will cut 3,000 jobs, or 6 percent of its work force, and take up to $325 million in charges over the next few quarters in an effort to overhaul its operations. Aon’s third-quarter profits rose 1...
Nov 10 2000 // The Academy of Producer Insurance Studies has published a new study on customer service representatives, The CSR Profile: Facing Challenges in Customer Service. Based on the survey results of over 1,000 CSRs, it updates...
Nov 2 2000 // Aon Corp. reported today it will cut 3,000 jobs, or 6 percent of its work force, and take up to $325 million in charges over the next few quarters in an effort to overhaul its operations. Aon’s third-quarter profits,...
Nov 1 2000 // The Circuit Court of Cook County, Ill. has granted Insurance Director Nathaniel S. Shapo’s petition to place Illinois Earth Care Workers Compensation Trust into liquidation. The Illinois group workers’...
Oct 27 2000 // The California Commission on Health and Safety and Workers’ Compensation (CHSWC) is evaluating a proposal that it undertake a study of the California Hospital Fee Schedule. The study would include the following:...