Latest Talent Headlines

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

More Than 7,500 Financial Services Jobs Move to Europe from London: EY Brexit Tracker

Oct 1 2020 // More than 7,500 finance jobs and a trillion pounds in assets have already left Britain for the European Union as banks prepare for full-blown Brexit in January, consultants EY said on Thursday.Banks, insurers and asset...

Allstate to Cut 3,800 Jobs as Latest Step in Multi-Year Growth Plan

Oct 1 2020 // The Allstate Corp. said it will cut approximately 3,800 jobs in claims, sales, service and support functions as part of its continuing plan to grow its property/casualty market share. The layoffs will affect about eight...

Worker’s Compensation Rates to Decrease in Idaho for 2021

Sep 29 2020 // A proposal for a 1.7% overall rate decrease to Idaho workers’ compensation insurance, effective Jan. 1, 2021, has been approved by the Idaho Department of Insurance. The proposed rate change is recommended by the...

Meat Plant Workers Being Denied Workers’ Compensation for COVID-19: Reuters

Sep 29 2020 // Saul Sanchez died in April, one of six workers with fatal COVID-19 infections at meatpacker JBS USA’s slaughterhouse in Greeley, Colorado, the site of one of the earliest and deadliest coronavirus outbreaks at a U.S....

Four Senior-Level Black Managers Including Diversity Leaders Exit AIG

Sep 28 2020 // American International Group Inc. has lost four senior Black managers in recent weeks, including two who were tasked with improving the diversity of the insurer’s ranks.Global inclusion head Vievette Henry and Walter...

Arch Insurance Forms Single Managing Agency to Manage 4 Lloyd’s Operations

Sep 23 2020 // Arch Insurance International has formed Arch Managing Agency Limited to mange its Lloyd’s units.Arch Managing Agency Limited, which brings together Arch Underwriting at Lloyd’s and Barbican Managing Agency Ltd....

Time to Rethink Your Account Manager Recruiting Strategies

Sep 21 2020 // Year after year I have found that insurance agencies spend 60% of their recruiting activity on account management hires. This far overshadows the combined time spent hiring producers, managers and executives. With such a...

Foresight’s Tech-Driven Workers Compensation Program Breaks New Ground

Sep 15 2020 // Foresight is now appointing a group of founding broker partners focusing on hazardous verticals in the middle marketSan Francisco, CA, September 15, 2020 – Foresight, a commercial insurtech MGU with carriers rated A-...

IAT Insurance Group Names Fox Managing Director in New Jersey

Sep 8 2020 // IAT Insurance Group has named Chris Fox to its reinsurance business unit as managing director. He is based in IAT’s Newark, N.J., office. Fox comes to IAT after 12 years with Everest Re in both domestic and...

Changing How We Recruit — The Future of Insurance Post COVID-19

Sep 7 2020 // Typically each spring, a crop of fresh college graduates enters the workforce, making the critical first steps to determine personal and professional paths. Today, the job landscape differs greatly from what it was even a...

Recession Provides Fuel for Agency Start-ups

Sep 7 2020 // Starting an independent insurance agency, or any business, is a risky proposition. You’re moving from a secure position with a regular income and foreseeable future to a place where uncertainty is the new normal....

FAIA Chief Grady Says Goodbye, Shares Top Moments in 22-Year Career

Sep 7 2020 // For 22 years, the Florida Association of Insurance Agents has been led by Jeff Grady, president and chief executive officer, who admits that when he started all those years ago he did not expect to “fall in love with...

Insurers Say They’re Having Trouble Recruiting New Employees

Sep 2 2020 // U.S. insurers want to fill existing positions or expand their staffs over the next year but say they are still having trouble recruiting, even during the COVID-19 pandemic where unemployment has skyrocketed, according to a...

Why Some Organizations Are Managing Coronavirus Risk Better Than Others

Sep 1 2020 // While few, if any, organizations saw the coronavirus pandemic and all of its death and disruption coming, some were better positioned to deal with it than others.According to risk expert Jim Wetekamp, some organizations...

Analytics Helping Insurers Identify Workers’ Compensation ‘Mega’ Claims More Quickly

Aug 28 2020 // The share of “mega” workers’ compensation claims — those expected to cost $3 million or more — climbed steadily since 2013 after dropping as construction employment declined sharply during the Great...

Summer Camp Hosted 1,000 Visitors While Successfully Managing Coronavirus

Aug 26 2020 // Four overnight camps in Maine successfully stemmed the spread of the novel coronavirus and conducted sessions with over 1,000 attendees from 41 states and international locations this summer, according to a new report...

Wells Fargo to Pay $7.8 Million to Workers to Settle Hiring Discrimination Charges

Aug 26 2020 // Wells Fargo Bank has agreed to pay $7.8 million in back wages and interest to resolve allegations of hiring discrimination.The U.S. Department of Labor’s said it has entered into an agreement with the financial...

Venture-backed Insurtech Foresight Poised to Shake Up Workers Compensation

Aug 25 2020 // Foresight offers an innovative workers’ compensation program for safety-critical verticalsSan Francisco, CA, August 18, 2020 – Foresight recently announced its technology-first workers’ compensation...

Lawyers Urge Use of ‘Vaccine Court’ Over U.S. Injury Compensation Fund for Coronavirus

Aug 24 2020 // A U.S. government program that compensates people who say they have been harmed by an emergency vaccine has paid out on fewer than 10% of claims, raising questions whether the process should be used to address any...

COVID-19 Gives Agencies Time to Evaluate Hiring Methods

Aug 24 2020 // The original title for this article was “Post-COVID Recruiting” but I don’t know what “post” means anymore. It seems we’ve reached a reality that will extend farther than most of us...