Collaborating with a team can either be enlightening or disastrous depending on the tools you use, and when you’re running a business, it’s crucial to ensure that you have all the right resources to make any team effort a success. From making communication easier, to...
In the past few years, so many people have been laid off from work—due to circumstances beyond their control. This pool of job applicants should consider a career in the insurance industry as their next golden work opportunity. So, if you’ve never considered a job in...
In the process of hiring new employees, businesses go to great lengths to hire individuals who will make a great fit in their company. Sometimes it works brilliantly—while at other times, things may not work out at all. While some employees may realize the business is...
In April 1982, I had the opportunity to become a partner in a property/casualty insurance agency. That was the good news. The not-so-good news was that the opportunity was with a start-up agency with no carrier contracts and no clients. However, we continued to...
We live in an information age, in which colleagues share more of their personal selves in the workplace. Today’s employees want full transparency on all levels. Gone are the days when it was taboo to discuss money, wages, bonuses and pay with your colleagues. However,...
Employers are challenged to balance their need for information with employees’ privacy rights. This conflict may arise when an employer wants to perform a background check on a job applicant, or when the employer wishes to monitor employee communications, or when an...
In researching the challenges those in the insurance industry face when hiring new employees, the response is like other industries: We can’t find them; They won’t work for us; We have no problem finding people, but don’t have a good track record of making quality...
According to the U.S. Bureau of Labor Statistics, nearly 33 million U.S. employees have resigned from their jobs since April 2021. In November 2021 alone, 4.5 million workers resigned. For many reasons, individuals in the U.S. are reevaluating their employment—and...
Last October, the New York State Department of Financial Services announced that it changed the continuing-education requirements for insurance producers who do business in New York. The new requirements include additional education that insurance agents and brokers...
The Connecticut Insurance Department approved the proposed workers’ compensation loss cost filing made by the National Council on Compensation Insurance, consisting of an overall 14.1% decrease. The CID also approved an overall assigned risk rate decrease of 8.2%....