Most Popular Talent Headlines This Year
The most viewed headlines from our Talent Topic Page over the last year.
#1 Liberty Mutual Announces Organizational Changes, Leading to 370 US Job Losses
Jul 17 2023 // Liberty Mutual Insurance announced major organizational changes and executive leadership appointments, which are aimed at enhancing its personal and small commercial lines business in long-term strategic markets....
#2 Allstate Loses $17M NC Job Incentive Plan Due to So Many Remote Workers
Jul 27 2023 // Allstate Insurance is no longer eligible for one of the largest incentive packages from the state of North Carolina, created when Allstate pledged to add more than 2,200 workers in Charlotte. The insurance carrier said too...
#3 Workers’ Compensation Undercuts Employer Liability Exclusion, U.S. Appeals Court Rules
Jul 11 2023 // Since workers’ compensation shields an employer from liability, an insurer may not be able to rely on an employer liability exclusion in a commercial general liability policy to avoid claims. That’s the...
#4 Accountant Charged With $10 Million in Construction Workers’ Compensation Fraud
May 9 2023 // Manhattan District Attorney Alvin Bragg, Jr. announced two indictments of a certified public accountant for defrauding the New York State Insurance Fund (NYSIF) of more than $10 million in workers’ compensation...
#5 Workers’ Compensation Remains Profit Engine for U.S. P/C Insurers: AM Best
Jul 18 2023 // Workers’ compensation insurers’ underwriting results continued to outpace the rest of the U.S. property/casualty (P/C) commercial sector in 2022, as they benefited from the long-term decline in workplace...
#6 Young Voices Reflect on Industry Talent Crisis
Feb 20 2023 // It’s no mystery: The insurance industry is experiencing a monumental shift. In June 2021, the U.S. Chamber of Commerce issued a report citing U.S. Bureau of Labor Statistics numbers forecasting that over the next 15...
#7 The Talent Crunch: Tough Competition for Agency Talent Continues
Dec 5 2022 // The struggle to fill vacant positions at Conrade Insurance Group is real. Two slots remain open after the Kansas-based agency spent more than six months trying to fill them. Underscoring the challenges, a new hire even...
#8 Tesla Directors Pay $735M to Settle Shareholder Lawsuit Over Excess Compensation
Jul 18 2023 // Tesla Inc.’s directors will return $735 million to the company to settle claims they grossly overpaid themselves in one of the largest shareholder settlements of its kind, according to a Monday filing in a Delaware...
#9 Renewable Energy Market Generating New Interest As Sector Grows, Need for New Talent, Funding and Industry Partners Emerges
Nov 21 2022 // As the renewable energy insurance market continues to grow, there are risk concerns including catastrophe exposures, inflation and supply chain challenges. The insurance industry is well aware of the risks and knows it...
#10 London Law Firms Face Reckoning in 2023 After Big Salary Hikes This Year
Dec 28 2022 // London’s biggest law firms paid generously to secure the brightest young recruits they could this year. Meeting those salary pledges next year will be a lot tougher with revenues from deal making expected to slow...
#11 When ‘Preparing for Work’ Falls Under Virginia Workers’ Compensation
Feb 23 2023 // An employee who was injured while scraping ice off his company-owned truck parked at his home is entitled to workers’ compensation benefits, the Virginia Workers Compensation Commission has ruled, reversing a deputy...
#12 P/C Carriers Losing Ground to MGAs in Talent War
Apr 3 2023 // During a webinar about an insurance industry labor market survey, an industry recruiter said insurance carriers are losing ground to managing general agents in the war for talent. “On the property and casualty side,...
#13 Court Defines Insurance Broker’s Duty to Inform LLCs About Workers’ Compensation
Dec 15 2022 // What is the duty of an insurance broker in New Jersey to members of a limited liability corporation (LLC) when it comes to workers’ compensation coverage? The New Jersey Supreme Court this week ruled that a broker...
#14 Philadelphia Eagles Team Loses to Ex-Player in Workers’ Compensation Fight
Feb 10 2023 // The National Football League’s Philadelphia Eagles football team has failed to score a victory in a disability case involving former linebacker Emmanuel Acho who suffered thumb injuries in 2015 while with the...
#15 As Salaries Skyrocketed, Satisfaction Improved in 2022
Feb 20 2023 // Insurance agency personnel on average made more money in 2022 and employees reported higher satisfaction with their compensation in 2022 than in 2021, a year when satisfaction fell, according to the latest Agency Salary...
#16 Robots Say They Won’t Steal Jobs, Rebel Against Humans
Jul 10 2023 // Robots presented at an AI forum said on Friday they expected to increase in number and help solve global problems, and would not steal humans’ jobs or rebel against us. But, in the world’s first human-robot...
#17 The War for Service Talent
Jul 3 2023 // Customer service representatives and account managers are the heart of agencies. They retain valuable business year after year. They are the guardians and caretakers of the agency’s most valuable assets — its...
#18 Law Firms Are Recruiting More AI Experts as Clients Demand ‘More for Less’
Jul 5 2023 // Chatbots, data scientists, software engineers. As clients demand more for less, law firms are hiring growing numbers of staff who’ve studied technology not tort law to try and stand out from their rivals. Law firms...
#19 Massachusetts Agency Owner Accused of Stealing Workers’ Compensation Premiums
Jun 1 2023 // The owner of a Gloucester, Massachusetts insurance agency has been indicted and arraigned in connection with an alleged embezzlement scheme that left client companies uninsured. The scheme included the agent transferring...
#20 U.S. Targets Non-Compete Clauses That Block Workers From Better Jobs
Jan 6 2023 // The U.S. Federal Trade Commission, which enforces antitrust law, proposed a rule that would ban companies from requiring workers to sign noncompete provisions as well as some training repayment agreements, which companies...
