NU Online News Service, March 12, 12:48 p.m. EST
Employment in the industry fell in January 2012 compared to both December 2011 and January 2011, with agents and brokers shedding the most jobs, 4,100, from December to January, but Insurance Information Institute President Robert Hartwig says the outcome is typical of industry-employment patterns in January.
Hartwig notes, for example, that property and casualty insurance-carrier employment has fallen in January relative to December in 15 of the last 22 years. In January 2012, P&C carrier employment was down by 400 jobs compared to December, but up by 3,400 jobs compared to January 2011.
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