Insurance industry hiring evens out, though some positions remain unfilled

insurance industry hiring company jobs

A new study showed that insurer job availability will continue to be substantial and steady for the next year. Insurance industry hiring is stabilizing as over half of all insurers intend to boost the size of their staff over the next year. The Jacobson Group and Ward Group released their Semi-Annual U.S. Insurance Labor Outlook Study results. Fifty eight percent of insurance companies will be hiring more people in 2018, said the study. The insurance industry hiring trend is greatly supported by a predicted boost in business as well as…

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Louisiana car insurance rates are getting higher this year

Louisiana car insurance rates auto

Premiums for auto coverage are rising across the country but this state has particular issues causing a spike. Drivers in nearly every state are watching their premiums rise this year and, due to unique conditions in the state, Louisiana car insurance rates are rising significantly. In fact, the current environment in the state is making sure auto policies are among the most expensive in the U.S. Upon hearing the news of the rate hikes, drivers in the state have expressed significant frustration. Local papers reporting on the Louisiana car insurance…

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The Wells Fargo scandal continues to bite with 38,000 erroneous letters mailed

wells fargo scandal letter

The auto insurance scam involved selling unnecessary coverage and now includes sending letters containing mistakes. The Wells Fargo scandal that rocked the financial services company in the second half of last year just became more unpleasant. As the bank attempts to recover from the latest damage to its reputation in which auto loan customers were sold insurance policies they didn’t need, they’ve now made another mistake they didn’t need. The bank accidentally sent out letters about the auto insurance scam containing erroneous information. The Wells Fargo scandal involved requiring car…

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New Allstate jobs abound as State Farm lays off more workers

allstate jobs

Allstate will be hiring 800 new people throughout the American Northwest and Washington state. Even as State Farm layoffs continue, the number of new Allstate jobs available will see a sharp spike this year. The national insurer will be hiring 600 people throughout the Northwestern states as well as an additional 200 people in Washington state. This has occurred as State Farm faces the challenges of relocating some positions while cutting others. State Farm recently announced that it would be fully closing its downtown Tacoma operations. At the same time,…

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Iowa insurance commissioner cautions against cryptocurrency investments

bitcoin theft insurance cryptocurrency

Bitcoin and other cryptos have seen hot headlines but many think they’re in a bubble that will burst. Iowa Insurance Commissioner Doug Ommen issued a consumer bulletin warning state residents against investing into cryptocurrencies such as Bitcoin unless they understand the risks. The insurance commissioner pointed out that there is a meaningful difference between IPOs and ICOs. According to the Iowa insurance commissioner, people need to know the risks associated with investments into cryptocurrencies before putting money into them. This is a very new market and concept. They are not…

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Allstate Mayhem campaign launches 2018 with a fresh new start

Allstate Mayhem Sugar Bowl

The nationwide insurance company launched a multichannel campaign for its Allstate Sugar Bowl. The 2018 Allstate Sugar Bowl started the new year with both tradition and a new Allstate Mayhem campaign to get things going in a fresh new way. The insurance company brought a whole different form of omnichannel marketing to the table as viewers pondered their own resolutions. Allstate Insurance worked with the Leo Burnett Chicago creative agency for the campaign. The Allstate Mayhem character is turning over a new leaf within this marketing campaign. It is a…

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Insurance agents love Mogix products for themselves, their staff and their clients

Black friday mogix insurance agent gift

These backup battery packs and emergency auto multi-tools are too practical not to love. Mogix has announced a huge coupon code for its insurance agents customers to use on Black Friday (starting Today at 4:00PM (PST) and running through Monday at 11:59pm). It offers 36 percent off the brand’s top products such as its external battery chargers, its mobile accessories case and its digital tire pressure gauge and auto safety tool. Amazon customers shopping on Black Friday weekend simply need to use coupon code MGXHODAY to save 36 percent. Though…

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Health insurance disclosure is required on tax returns to avoid I.R.S. rejection

health insurance disclosure tax penalty

The Internal Revenue Service announced its intentions to step up the enforcement of the ACA tax penalty. Even as President Trump works to dismantle the Affordable Care Act, the I.R.S. has taken steps to enforce health insurance disclosure on tax filings. The Internal Revenue Service revealed new regulations that will automatically reject digital filings in which insured status is not revealed. This latest announcement reveals an intention to strengthen components of former President Obama’s health care law. The Affordable Care Act already requires health insurance disclosure when taxes are filed.…

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Insurance workforce required to maintain on-call status throughout extreme weather

insurance workforce natural disaster wind damage

Teams of employees in the industry find themselves in on-demand positions with hurricanes, storms, and wildfires. Throughout this active season of hurricanes, heavy storms, wildfires and earthquakes, the insurance workforce has been maintaining a steady on-call status. Historic flooding, rainfall, winds and tremors have left billions upon billions of dollars in property damaged or annihilated. Homes, businesses, vehicles, equipment and products have been destroyed by active extreme weather. Hurricane Harvey, Hurricane Irma, the and the wildfires across the American west have left devastation behind, as Mexico experienced an earthquake more…

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Best insurance workplace in Indianapolis title goes to GEICO

best insurance workplace industry jobs

A survey sponsored by The Indianapolis Star revealed that the insurer took the top spot for the third year in a row. GEICO has been recognized as the best insurance workplace in Indianapolis for the third year in a row, according to a news release. The title was given to the insurance company based on the results of an employee survey. The Indianapolis Star sponsored a survey issued to company employees throughout the city. The questions focused on a range of different workplace culture issues and how much employees felt…

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