Latest Talent Headlines

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

What’s So Great About a Career in an Insurance Agency?

Apr 15 2024 // What’s so great about a career in an insurance agency?Lots, actually. Like opportunity, flexibility, training, challenges, good pay, helping others, and job security. What’s more, it’s an opportunity...

St. Louis Residents Seek Compensation for Illnesses Tied to Nuclear Contamination

Apr 8 2024 // Karen Nickel has been dealing with lupus and other illnesses for years, illnesses she blames on childhood exposure to a suburban St. Louis creek where Cold War-era nuclear waste was dumped decades ago. It’s time, she...

Private Credit Is Top Choice for Insurers Managing $13 Trillion

Apr 5 2024 // For the first time, a fixed-income sector — private credit — topped the list of favored assets in Goldman Sachs Asset Management’s annual survey of global insurance companies.Of the 359 executives polled, 53%...

People Moves: AXA XL Promotes Cole to Global Chief Underwriting Officer for Marine; DUAL’s Specialist Motor MGA KGM Names Astin as Managing Director

Mar 27 2024 // This edition of International People Moves details appointments at AXA XL and DUAL’s specialist motor MGA KGM.A summary of these new hires follows here. AXA XL Promotes Cole to Global Chief Underwriting Officer for...

Acrisure Creates New England Region With Plunkett as Managing Partner

Mar 27 2024 // Acrisure announced the formation of its New England region, encompassing its businesses in Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. Acrisure’s New England presence includes 27...

UK Stands to Lose 8 Million Jobs From AI, Analysis Warns

Mar 27 2024 // As many as 8 million UK workers are at risk of losing their jobs to artificial intelligence with current government policy, the Institute for Public Policy Research warned.AI already impacts 11% of tasks done by UK staff,...

Maine Approves 19% Drop in Workers’ Compensation Costs Starting in April

Mar 26 2024 // Newly-installed Maine Insurance Superintendent Robert Carey announced approval of an average workers’ compensation insurance loss cost decrease of 19%. The new loss costs go into effect for new and renewing policies...

People Moves: BMS Hires Howden’s Spraggs, Austwick and Woolcott for FinPro Division; Newline Opens Sydney Office, Hiring Beswick as Head of Professional Indemnity

Mar 25 2024 // This edition of International People Moves details appointments at the broker BMS Group and the re/insurer Newline Group.A summary of these new hires follows there. BMS Hires Howden’s Spraggs, Austwick and Woolcott...

Compensation Trends Reshaping Client Service Salaries Within Insurance Agencies

Mar 18 2024 // After numerous requests for insurance industry compensation information, our team at Capstone started to track and analyze compensation data derived from our recruiting activities. Our most recent report came out in...

Massachusetts Couple Charged With $627K in Workers’ Compensation Fraud and More

Mar 15 2024 // A Hopkinton, Massachusetts couple has been arrested and charged in connection with separate schemes to defraud their workers’ compensation insurance carriers, the Small Business Administration (SBA) and their...

People Moves: Arch Reinsurance Promotes 3 Senior Leaders: Halgan, Hardy Pickering and Pun; DUAL France Taps Déal From Everest as Managing Director

Mar 13 2024 // This edition of International People Moves details appointments at Arch Reinsurance and DUAL France.A summary of these new hires follows here. Arch Reinsurance Promotes 3 Senior Leaders: Halgan, Hardy Pickering and PunArch...

New York Inspector General Reports on 2 Workers’ Compensation Fraud Cases

Mar 11 2024 // New York State Inspector General Lucy announced a sentencing and a guilty plea in two separate workers’ compensation fraud cases.Lang announced the sentencing of Brian Simpson, 55, of Monroe County, who defrauded the...

That Insurance Talent Crisis? It’s a Global Knowledge Opportunity

Mar 4 2024 // Over the next 15 years, 50% of the current insurance workforce will retire. It’s a jarring number. This leaves more than 400,000 open positions unfilled, according to the U.S. Chamber of Commerce. At the same time,...

Job Cuts, Fleeing Investors: How Anti-DEI Lawsuits Take a Toll on Targets

Mar 1 2024 // Elizabeth Gore is fighting for survival.Just six months ago, the founder of financial technology startup Hello Alice was getting ready to close an investment round to grow its business offering grants and networking...

Boston Property Manager Sued For Revoking Job Offer for Woman With Breast Cancer

Feb 28 2024 // The Equal Employment Opportunity Commission (EEOC) is suing a Boston property management firm for allegedly violating federal law by failing to provide a reasonable accommodation to a new hire with a disability and...

Iowa Meat Processing Plant Accused of Illegally Hiring Children

Feb 27 2024 // DES MOINES, Iowa (AP) — U.S. authorities have accused another sanitation company of illegally hiring at least two dozen children to clean dangerous meat processing facilities, the latest example of illegal child labor...

Employee Wins Workers’ Compensation Under Exception to ‘Coming-and-Going’ Bar

Feb 27 2024 // An exception to the workers’ compensation “coming-and-going” rule applies where the employer provides the transportation even if the employer says there was no explicit agreement that he would supply...

Agency Compensation Rose Again in 2023 But Not Everyone Is Pleased

Feb 19 2024 // Agency salaries and total compensation rose in 2023 for everyone in the Insurance Journal Agency Salary Survey. But while insurance agency personnel made more money last year, not everyone was satisfied. Managers/owners...

Salaries, Total Income Skyrocketed in 2023 But Satisfaction with Compensation Waned

Feb 19 2024 // Insurance agency employees and producers on average made more money in 2023 but, overall, employees reported lower satisfaction with their compensation than in 2022, a year when overall satisfaction rose, according to the...

How Apprenticeship Programs May Be the Best Solution to Today’s Talent Crisis

Feb 19 2024 // Four-year degree required. It’s been a standard part of job descriptions in the insurance industry for the better part of the past two decades. Now, it’s time for an overhaul.The college degree prerequisite,...