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Employment in the P&C insurance industry declined in September 2010 compared to August, and declined by 2.9 percent compared to September 2009, casting doubt on hopes that industry employment trends were turning around.

Employment in the property and casualty insurance industry declined in September 2010 compared to August, and declined by 2.9 percent compared to

Global professional services company Towers Watson said it will acquire property and casualty consulting and software company EMB.

For the fourth consecutive year insurers are actively searching for and selecting third party software to replace legacy core insurance systems.

Towers Watson, a global professional services company, and EMB, a property/casualty consulting and software company, announced the signing of an agreement for Towers Watson's acquisition of EMB's operations around the world.

The historic 2010 midterm elections were a huge win for the property and casualty insurance industry--and their allied reinsurers, according to representatives of several industry trade associations.

The property and casualty industry has been through tough economic times, a slow recovery and "unparalleled" government expansion, but has "weathered the economic storm," an industry executive said here.

Times are tough, insurance is competitive, and the independent agency business isn't what it used to be.