Latest Talent Headlines

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

Enstar to Sell Starstone’s Lloyd’s Managing Agency to New Re/Insurance Venture Inigo

Nov 18 2020 // Enstar Group Ltd. and Stone Point Capital LLC announced they have signed definitive agreements to sell StarStone Underwriting Ltd. (SUL), the Lloyd’s managing agency, together with the right to operate Lloyd’s...

3 Ps to Consider When Managing the Risks of Assisted Living Facilities

Nov 16 2020 // Assisted living facilities provide a necessary service to our aging population, but operating them comes with risks. When you consider that they are designed to provide care for our loved ones in ways that many of us are...

Two Recruiting Tools Every Insurance Agency Needs

Nov 16 2020 // “Our agency just hired two junior recruiters. I need a lot of resources to overcome their inexperience. LinkedIn has been our ‘go to’ but they want to charge $10,000 for one seat. I can’t afford...

Young E&S Professionals Face Toughest Market They Have Ever Seen

Nov 16 2020 // Wholesaler brokers of all ages are facing hard market conditions with rising insurance rates, tighter underwriting and fewer carriers willing to write some tough classes. They, like everyone, are also experiencing fewer...

Coverys Managing Agency Placing Lloyd’s Syndicate 1991 Into Runoff

Nov 12 2020 // Coverys Managing Agency Ltd. announced that its DTW Syndicate 1991 at Lloyd’s of London will stop accepting new and renewal business starting December 31, 2020. “Every effort has been made to implement...

Hamilton Promotes 3 at Lloyd’s Unit as Managing Agency CEO, CUO Resign

Nov 10 2020 // Hamilton Insurance Group announced three promotions in the leadership team at its Lloyd’s operations following the resignations of Hamilton Managing Agency Limited CEO Tim Glover and Chief Underwriting Officer David...

Reduced Driving Turns Into Fewer Injuries and Workers’ Compensation Claims

Nov 10 2020 // The COVID-19 pandemic comes with one bright spot for workers’ compensation insurers: Fewer workers are being injured in motor vehicle accidents.A research brief issued by the National Council on Compensation...

Arthur J. Gallagher & Co. Acquires Canada’s Optimum Talent Inc.

Nov 6 2020 // Arthur J. Gallagher & Co. announced the acquisition of Montreal, Quebec-based Optimum Talent Inc.Terms of the transaction were not disclosed. Founded in 1981, Optimum Talent is one of Canada’s largest...

Houston’s HIIG Expands D&O Coverage for Public Companies; Adds Top Talent

Nov 3 2020 // Houston International Insurance Group Ltd. (HIIG) is expanding its management liability coverage offerings to include an excess public D&O (directors and officers) product.As part of this expansion, Peter Bujosa has...

Disbarred New York Attorney Pleads Guilty to Stealing 9/11 Victim Compensation Funds

Nov 2 2020 // A disbarred attorney based in Yorktown Heights, N.Y., has pled guilty in White Plains federal court to stealing government funds.Gustavo L. Vila’s plea results from his theft of approximately $1 million that the U.S....

Oregon Contractor Fined for Multiple Job Safety Violations

Nov 2 2020 // Oregon OSHA has fined a general contractor in Roseburg more than $38,000 for multiple serious job safety violations, including repeatedly failing to follow the minimum requirements to protect workers from fall hazards that...

Insurers Again Battled Many California Bills, but a Fight Last Year Was Biggest Recent Victory

Oct 28 2020 // The election is nearly here, and while it’s been quite a year all around, things could have been worse for the insurance industry.When the year started, insurance industry lobbyists were facing a big battle, and not...

Workers’ Compensation Should See Profit This Year But Maybe Not in 2021: Fitch

Oct 27 2020 // Despite the economic challenges from the coronavirus pandemic, the workers’ compensation insurance market is likely to report strong profitability in 2020 thanks to savings from lower claims frequency due that are...

Oregon Contractor Fined for Multiple Job Safety Violations

Oct 26 2020 // Oregon OSHA has fined a general contractor in Roseburg more than $38,000 for multiple serious job safety violations, including repeatedly failing to follow the minimum requirements to protect workers from fall hazards that...

Aspen Names Hiscox’s Rai as Head of Claims for Aspen Ins. UK, Aspen Managing Agency

Oct 19 2020 // Aspen Insurance Holdings Ltd. has appointed Tony Rai as head of claims for Aspen Insurance UK (AIUK) and Aspen Managing Agency Ltd. (AMAL).Rai will join Aspen in early 2021 from Hiscox, where he has been head of London...

Vast Majority of COVID-19 Workers’ Compensation Claims Are Small, Says NCCI

Oct 19 2020 // If COVID-19 behaves like other workers’ compensation lung and disease claims, about two out of 100 cases may result in some degree of permanent partial disability and one out of 2,000 may result in permanent total...

Successful Recruiting Requires a Different Story

Oct 19 2020 // The industry has long warned of the growing agent shortage and has prescribed more aggressive promotion of career opportunities especially in technology to attract the next generation. As the shortages grow more acute,...

Workers’ Compensation Benefits at Risk for Healthcare Workers, Others

Oct 19 2020 // Michigan Gov. Gretchen Whitmer’s June 17, 2020, order clarifying eligibility for workers’ compensation benefits for workplace exposure to COVID-19 is presumably overturned by the state supreme court’s...

Next Insurance Expands Workers’ Compensation to 24 Additional States

Oct 2 2020 // Next Insurance, a digital insurtech company focused on small business insurance, has expanded its workers’ compensation offering to 24 additional states, bringing the total number of states it offers coverage in to...

Next Insurance Adds 24 States to Its Workers’ Compensation Market Map

Oct 1 2020 // Next Insurance has expanded its workers’ compensation offering into 24 additional states, including Arizona, Connecticut, South Carolina, Indiana and Virginia.The digital small business insurer said that the coverage...