The Jacobson Group and Aon’s, Ward do a semi-annual look at insurance employment. It appears that most companies doing business in insurance will be doing some hiring in the next 12 months. The Semi-Annual U.S. Insurance Labor Market Study said 72% of companies and agencies are going to add to staff. The last …
Insurers & Agencies Optimistic — More Hiring, Fewer Layoffs Read More »
Breeze is a disability insurer. It says from year-to-year, 2020 to 2021, long term disability insurance costs rose 20%. The company says a 23% jump in the average monthly amount of benefits paid out drove the increase. That outgo is partially caused by COVID. Breeze said age is also a factor in the increase. …
CoreLogic’s Climate Change Catastrophe Report said natural disasters hit one if 10 of us in 2021. That totals up to 14.5 million single and multi-family homes. Property damage to those homes was $56.92 million. Company spokesman, Tom Larson said the report came to that total by looking at 13 major and severe weather …
A lot of us have seen the Netflix documentary, the Tinder Swindler. It’s about the guy who pretended to be the son of a billionaire. Through a bunch of different scams, he managed to get dozens of women to cough up huge sums of money to “help” him out of a crisis. The cost to …
California — Lara’s New Fire Insurance Regulations: Insurance Commissioner Ricardo Lara announced new regulations intended to improve wildfire safety and drive down the cost of insurance for homeowners and businesses. Under the proposed regulations, which could be in effect by this summer, insurance companies would be required to factor consumers’ and businesses’ wildfire safety actions …
Thursday February 24, 2022 Newsline Edition can be found HERE
PIA Washington, the American Property Casualty Insurance Association (APCIA) and the Independent Insurance Agents and Brokers of Washington (IIABW) have asked the Washington Supreme Court to stop Washington Insurance Commissioner Mike Kreidler’s latest attempt to ban credit scoring. The suit asked the court to force the commissioner to delay the ban scheduled to happen on …
Clyde & Co. says 2021’s mergers and acquisitions worldwide were the most we’ve seen in the last decade. In 2021 there were 418 of them compared to 407 in 2020. That’s a 2.7% jump. The company says the most impressive number in the M&A deals in 2021 were those called mega deals. Spokesman …
Mergers & Acquisitions in 2021 — 4th Busiest in a Decade Read More »
Over the last few months Weekly Industry News has done several stories on the Great Resignation and how people are changing jobs on an unprecedented scale. We’ve looked at why they’re leaving, why people stay with jobs, and what employers should look for to keep the people they have working for them. Mental …
More on the Great Resignation — Employers & Mental Health Read More »
Sports programming used to be dominated by beer commercials. Not anymore. Anyone watching the recently concluded National Football League playoff and the Superbowl know that to be true. Insurance now rules sports programming. The New York Post recently took a look at just how much energy and money insurance is putting into sports. …
