Property and casualty insurers and agents and brokers led the way for insurance-industry employment gains in December 2013, although the figures for P&C carriers have been recalibrated, throwing off some of the historical employment figures reported in 2013.
In an analysis of the latest U.S. Labor Department's Bureau of Labor Statistics, Insurance Information Institute President Robert Hartwig says P&C carrier employment figure for December—526,300—actually represents a drop of nearly 3,000 from the total reported last month, but an increase from the revised November 2013 report of 523,700.
Hartwig explains, “The BLS once a year recalibrates the employment estimates based on new census data and new seasonal adjustment weights; this year the changes had the effect of reducing the P&C numbers that had been reported all during 2013.”
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
