Insurance Industry Employment Trends: 1990-2011

The Insurance Information Institute has a great dissection of employment data in the insurance industry written by Dr. Robert Hartwig.  From the article:

In December, except for health insurance carriers, more people were working in insurance than in November. P/C carrier employment rose to 462,300—up 700 from November but otherwise the lowest P/C carrier employment level in over 20 years. Employment in the U.S. reinsurance industry also rose (by 800) and has now recovered the jobs lost since the end of 2008. On the life insurance carrier side, employment rose by 400 jobs (up 0.4 percent) to 375,100. Health insurers shed another 1,000 jobs in December (to an employment level of 423,200) and are down 17,000 for the 12 months ending in December 2010. The number of agents and brokers rose by 1,000, up 0.3 percent in December over November, to 641,700—up 8,600 vs. September 2010. Employment in claims adjusting rose by 1,200, so the December total is now higher than all the monthly reports in 2010.

You can read the abstract from the report and download the full presentations here on the Insurance Information Institute website.

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The Professional Liability Underwriting Society (PLUS) was founded in 1986 by industry professionals who recognized the need for a forum for individuals involved in the field of professional liability. The Society is a non-profit organization with membership open to persons interested in the promotion and development of the professional liability industry. Membership consists of over 6,500 individuals, representing over 1,000 companies active in the many fields of professional liability. PLUS currently receives the support of more than 200 companies through corporate membership. PLUS is recognized as the primary source of professional liability educational programs and seminars, assistance to its members to help serve clients, and information regarding professional liability. The Society is continually seeking new means to fulfill its mission statement and better serve its members.

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