Archive for February 2016

Yahoo! Inc. was accused in a lawsuit of manipulating employee performance evaluations to justify firing hundreds of workers in order to meet its financial targets. Gregory Anderson, who was an editor for some of Yahoo’s online news content, claims he … Read More Read more here:: Insurance Journal       

By Susanne Sclafane Insurance agents aren’t dead yet, but even underwriters participating in the personal automobile insurance market may be looking for another line of work within the next two decades, industry observers said at a recent conference. “The most radical view of … Read More Read more here:: Insurance Journal       

Automation could leave up to 25 percent of the insurance industry’s current full-time positions consolidated or replaced over the next decade, McKinsey & Co. said in a new report, Automating the Insurance Industry. The consultancy urged insurers to “rethink their … Read More Read more here:: Insurance Journal       

As Iowa and New Hampshire prepare to caucus and vote, it’s worth remembering that sparring over immigration reform, ISIS and whether Donald Trump should be in the White House can go quickly from casual to spirited to heated during water-cooler … Read More Read more here:: Insurance Journal       

The U.S. Equal Employment Opportunity Commission (EEOC) is seeking public input on proposed enforcement guidance addressing retaliation and related issues under federal employment discrimination laws. The enforcement guidance documents set forth the EEOC’s interpretation of the law and seek to promote … Read More Read more here:: Insurance Journal       

The U.S. Labor Department on Friday took the next step toward requiring brokers who provide retirement advice to follow a “fiduciary” standard of putting clients’ interests first, a move that could roil the financial services industry. The White House’s Office … Read More Read more here:: Insurance Journal       

Specialty lines broker, RKH Specialty, part of the Hyperion Insurance Group, has acquired the UK’s largest independent specialist Surety broker, PMG Financial Services Ltd., subject to regulatory approval. Barnaby Rugge-Price, CEO of RKH Specialty, commented: “The acquisition of PMG represents … Read More Read more here:: Insurance Journal