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Employers Appoints SVP-Chief Actuary
Property and Casualty Co., where he has served since 2020 as chief actuary and chief risk officer, leading the company's actuarial, analytics, and enterprise risk management ...
Source: BestWire   Date: August 4, 2026
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Former GE Exec Joins AIG as EVP, Chief HR and Diversity Officer
American International Group Inc. said Kelly Lafnitzegger will join AIG as executive vice president and chief human resources and diversity officer, effective June 1. She will also ...
Source: BestWire   Date: April 30, 2024
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Former AIG Financial Products Employees Allege Company Is ‘Weaponizing’ Bankruptcy Process
Former employees of American International Group Inc.'s defunct financial products unit are accusing the group of "weaponizing" the bankruptcy process to evade an ongoing ...
Source: BestWire   Date: December 15, 2022
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AM Best: US Sees Conflicting Economic Conditions in Third Quarter
Ann Modica, associate director, AM Best. View the video version of this interview here. Following is an edited transcript of the interview. U.S. Sees Conflicting Economic ...
Source: BestWire   Date: November 11, 2022
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Insurtech Hippo Appoints Chief Human Resources Officer
Operating entities of Hippo Holding Inc. currently have a Best's Financial Strength Rating of A- (Excellent). (By Barbara Edwards, BestWire: Barbara.Edwards@ambest.com)
Source: BestWire   Date: October 7, 2022
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Nationwide's Stueber: Insurers Must Adapt to the Workplace of the Future
Employees in a "post pandemic" world want the continued flexibility and work-life balance of working remotely, said Linda Stueber, senior vice president of commercial lines, ...
Source: AM Best TV   Date: July 19, 2022
Nationwide Raising Minimum Hourly Wage to $21 as It Looks to Fill 1,200 Positions
Nationwide operates major campuses. The mutual wants to fill 1,200 openings across the country. "The two main things that matter to workers in 2022 are competitive wages and ...
Source: BestWire   Date: March 8, 2022
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American Family Insurance to Raise Hourly Minimum Wage to $23, Is Second Hike in Two Years
Chief People Officer Tracy Schweitzer said in a statement. American Family currently has a $20 minimum for hourly employees. Schweitzer said the increase helps the carrier to ...
Source: BestWire   Date: February 10, 2022
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Update: USAA Hikes Minimum Wage to $21 Hourly as It Seeks 2,600 Hires
Chief Executive Officer Wayne Peacock said in a statement. Many of the positions USAA plans to fill offer the option of hybrid or remote work, options accelerated by the COVID-19 ...
Source: BestWire   Date: October 12, 2021
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Travelers: EPL Claims Over Vaccine Mandates on the Rise
Employment practice liability insurers are seeing an uptick in vaccine mandate claims, said Chris Williams, employment practice liability product manager, Travelers (Aug. 19, ...
Source: AM Best TV   Date: August 19, 2021
CVS/Aetna Second-Quarter Profits Down; Will Increase Minimum Wage to $15
Health President and Chief Executive Officer Karen S. Lynch said in a statement. "We continue to play a critical role in helping America prevail against the pandemic while ...
Source: BestWire   Date: August 4, 2021
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CSAA Insurance: Employers Must Be Flexible as Employees Return to Workplace
After a year of working from home, employers must offer flexibility to employees returning to the workplace, said Melissa Jones, chief human resources officer, CSAA Insurance Group ...
Source: AM Best TV   Date: June 16, 2021
Assurant CEO: The Future Is the Gig Economy
Assurant is more of a tech company than an insurer, said Alan B. Colberg, retiring CEO, and Keith W. Demmings, president and Colberg's successor, Assurant Inc. (May 26, 2021).
Source: AM Best TV   Date: May 26, 2021
Heritage Estimates $41.5 Million in Fourth-Quarter Catastrophe, Weather Losses
Rich Widdicombe as president. Lucas retired as CEO at the end of November and was succeeded by Ernie Garateix. Lucas remains with the company as an executive consultant (BestWire, ...
Source: BestWire   Date: January 26, 2021
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Admiral Co-Founder and Retiring CEO Personally Gifts Employees $12.8 Million
Stevens said in a statement. Hardworking, dedicated employees have taken Admiral from startup in 1991 to the Financial Times Stock Exchange 100 Index of the largest capitalized ...
Source: BestWire   Date: September 23, 2020
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Update: Allstate Canada Faces Class-Action Suit Claiming Sales Employees Were Shortchanged $80 Million
...Adds comment from Allstate in the fifth paragraph.) Allstate Insurance Company of Canada allegedly shortchanged commission-based employees more than C$80 million ($59.6 million) in ...
Source: BestWire   Date: July 22, 2020
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American Family Insurance Director: $20 Groupwide Minimum Wage Needed to Attract, Retain Career-Driven Employees
Media Relations Director Ken Muth. Low unemployment gives workers options. "It's a challenge for many, many companies to retain the talent they need. We're taking this step to stay ...
Source: BestWire   Date: January 24, 2020
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New DOL Rule Would Expand Overtime Pay to Additional 1.3 Million Workers
Act overtime mandate and will make an estimated 1.3 million additional U.S. workers eligible for overtime pay, DOL said. The new rule replaces an overtime standard proposed under ...
Source: BestWire   Date: September 26, 2019
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Hong Kong’s Nonlife Sector Reported HK$2.9 Billion in Claims Related to Typhoon Mangkhut
Kong Federation of Insurers. Close to 32,000 claims were received by 59 insurance companies, accounting for more than 80% of the market share. "When comparing the figures with ...
Source: BestWire   Date: March 26, 2019
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Berkshire Hathaway Withdraws From Hong Kong Government Employees’ Compensation Terrorism Pool
Berkshire Hathaway Specialty Insurance Co. has withdrawn from the Hong Kong Employees' Compensation terrorism pool. This pool was established to provide terrorism cover for Hong ...
Source: BestWire   Date: December 11, 2018
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