In this crazy economy, it's always a good idea to keep an eye on job numbers.

For the insurance industry, new competitors, an aging workforce, online sales and rapidly emerging technologies are added reasons to pay attention to employment data.  

Employment in most segments of the insurance industry was up by varying degrees on a year-over-year basis in July 2016, according to Steven Weisbart, Ph.D., CLU, senior vice president and chief economist at the Insurance Information Institute. Independent claims-adjusting firms are the only insurance subsector that lost employees on a year-over-year basis.

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Jayleen R. Heft

Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected].

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