State Farm holds virtual career fair for insurance jobs with the company

Insurance jobs - keyboard - Jobs key

The positions to be filled include both hybrid and 100% work-from-home opportunities. State Farm has announced that it has so many insurance jobs available that it is holding a virtual career air this week with both full- and part-time opportunities available. Positions also include bilingual opportunities in underwriting in hybrid and remote working locations. The insurance jobs will be discussed during four different time slots on Thursday. This is a substantial opportunity for people across the country who have recently lost – or left – prior employment. Insurers have been…

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GEICO insurance company announces new Chief People Officer

Insurance company - HR

Shannon Hobbs has now joined the insurer and will be overseeing corporate HR among other areas. The GEICO insurance company has recently announced that it has hired a new Chief People Officer, Shannon Hobbs. Hobbs came to work for GEICO following several positions at American Century Investments. As Chief People Officer, Hobbs will be responsible for overseeing the insurance company’s Corporate HR, recruiting, compensation and benefits, continuing education, talent development, diversity and inclusion, leadership/management training, and community engagement efforts. Before Hobbs was hired by GEICO, she had been at American…

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Allstate Insurance announces Vice Chair Don Civgin retirement

Allstate Insurance - Retirement Announcement

The insurer simultaneously announced that it would be undergoing a change in its senior leadership. Allstate Insurance has announced the retirement of Vice Chair and CEO of Protection Products and Services Don Civgin. This decision to retire followed a “distinguished 13-year career,” with the insurer, according to a recent news release. Cigvin first came to the company in 2008, at which time he was the Chief Financial Officer. From that time, Civgin moved up in Allstate Insurance, becoming the President and CEO of Allstate Financial in 2012. In 2019, he…

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GEICO insurance rolls out company-wide education benefit

GEICO insurance - Education Benefits

In a labor shortage in which insurers already struggled to hire, they are broadening benefits. GEICO insurance has been including itself among the insurers working hard to boost their appeal as employers in a hiring environment that is highly competitive. Insurers were already struggling to appeal to new applicants before the labor shortage began. Over the last several months, GEICO insurance has been evolving and expanding the types of benefits available to its agents and other employees. Now it has rolled out a new education and growth benefit that is…

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State Farm insurance company will soon offer LightStream lending products

Insurance company - New relationship, handshake

Through a new relationship the insurer has formed, agents will soon offer the consumer lending products. State Farm has announced that the insurance company recently entered into an agreement that will allow its agents to offer LightStream consumer lending products. This is a new offering with the Truist Bank premier online consumer lending division. Truist currently ranks as seventh largest in the United States among commercial banks. It currently serves over 15 million customers. The advantage of its LightStream is the capacity for consumers to gain solutions that complement those…

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Florida Citizens Insurance rates might be climbing higher soon

Citizens Insurance - Higher Rates Florida

The insurer of last resort might become less affordable to people across the state. Homeowners in Florida could soon find that even insuring themselves with Citizens Insurance, the last resort coverage in the state, will lead to higher premiums. The state’s battered homeowners market is forcing policies into the state-backed insurer’s hands. As a growing number of homeowners leave Florida or find themselves in liquidation, many property owners find that they don’t have a choice other than to turn to Citizens Insurance for coverage. This has left the insurer covering…

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Lloyd’s aims to cancel insurance policies of sanctioned Russian businesses

Insurance policies - Lloyd's of London Building reflected in glass

This move has arrived as the massive marketplace steps back into profitability after pandemic losses. Lloyd’s of London has announced that it is working with the government of the United Kingdom for the implementation of sanctions against Russian firms due to the war in Ukraine, including cancelling their insurance policies. Shortly after announcing the return to profit, the largest insurance market in the world sees a tough year ahead. According to the market, the war in Ukraine will present a “major claim” for the industry as it seeks to cancel…

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