The search is on for qualified underwriting talent. Amid a growing number of positive labor trends—including low unemployment rates and positive staffing increases—a number of key insurance functions are feeling the pinch. Underwriting positions, in particular, are becoming more and more difficult to fill. As a result, the war for insurance underwriting talent is heating ... The Hunt is On: The Great Underwriter Shortage
Even if you aren’t playing the game, there is no doubt you have heard its name or seen someone else engrossed in it. With more than 15 million players downloading the popular app, Pokémon Go has swept the nation. It has quickly become a phenomenon that has changed the gaming world in just a few ... Gotta Catch Em’ All? Pokémon Go Introduces New Insurance Risks
The insurance industry talent crisis has finally come to a head. Despite years of warning and research, many organizations viewed the talent crisis as a long-range concern on the distant horizon. Unfortunately, they are now coming face-to-face with a real war for talent. The insurance industry, in particular, is feeling the impact of the tightening ... Rethinking Strategic Recruitment and Selection in Today’s Evolving Market
A gold medal is arguably one of the greatest rewards athletes can earn in their careers. Many individuals have gone to great lengths to achieve this esteemed prize, embodying the phrase “with great risk comes great reward.” The 2016 Summer Olympics are just a few short weeks away and this year, the reverse “with great ... Let the Games Begin: Insuring the 2016 Summer Olympics
The post-recession recovery has seen monumental growth within the insurance industry. In fact, according to a recent PropertyCasualty 360 article, the industry has added more than 100,000 new jobs in roughly five years. The industry’s historical vitality is helping to make an insurance career more appealing to job seekers looking for stability in the wake ... Top 7 Industry Sectors Experiencing Growth
A wildfire that rapidly spreads across state borders, a tornado that cuts across a city leaving broken buildings and homes in its path, an earthquake that topples buildings and injures thousands, or an unexpected hurricane that devastates a coastal area: natural disasters are unforeseen and unpredictable, often leaving a path of devastation and destruction in ... When Disaster Strikes: Top 5 Questions to Ask Your Temp Staffing Partner
The second phase of OCR’s (the U.S. Department of Health and Human Services Office for Civil Rights) HIPAA (Health Insurance Portability and Accountability Act) is beginning. Building on the HITECH (Health Information Technology for Economic and Clinical Health) Act passed in 2009, the audits have expanded and modified many of the original HIPAA requirements for ... Are You Ready for Phase Two of HIPAA?
Following the financial crisis and economic recession of recent years, the life insurance industry is taking a hard look at their current vulnerabilities and risks. The resulting regulations will have a significant impact across all functions of the life insurance industry—and this trend of industry regulation is only anticipated to increase. As regulatory changes sweep ... What’s on the Regulatory Horizon for Life Insurance Companies?
Today’s labor force is experiencing a break-neck evolution. Much as the nation of today looks radically different from that of 1980, so too will the United States of 2050 look very different from that of today. Already, demographic predictions paint a picture of a very different workplace in the near future, as employees “gray,” female ... The Growing Diversity and Inclusion Mandate
From Christmas tree missiles to insured body parts, we have covered a number of unique insurance policies and claims. But what about in the world of health insurance? With more and more individuals electing into insurance coverage, surely there must be a growing number of exceptional claims. So what are some of the most unusual ... Doctor, Doctor: Uncovering Today’s Wackiest Health Insurance Claims
This blog entry is part two in Jacobson’s Insurance Recruitment and Selection series, which provides insights into updated recruitment and selection processes and strategies for the modern workplace. The insurance industry is enjoying a return to its pre-recession strength. Low unemployment rates and positive revenue growth projections are resulting in an increased focus on building ... Revive Your Recruitment and Selection Strategies: The Drive to Hire
The results from our latest Semi-Annual U.S. Insurance Labor Outlook Study are here! Check out the latest insurance industry statistics to learn what hiring and revenue trends you should be on the look for in 2016. Currently the U.S. Bureau of Labor Statistics (BLS) is reporting insurance unemployment at 3.0 percent in February—with predictions forecasting ... Staffing Continues to Dominate Industry Labor Concerns