The Insurance Information Institute (III) has released a new report drawing upon data from the U.S. Department of Labor. The report touches upon the volatility seen in the property/casualty insurance business in October of this year. According to the report, the property/casualty sector performed poorly in terms of employment while other sectors saw promising growth. Overall, the report highlights the turbulent year the insurance industry has faced as a whole and suggests that the trend can continue throughout next year depending on the economic climate. The III notes that 900…
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Progressive to bring in 120 new hires in Austin
Progressive Car Insurance has announced that it will be hiring approximately 120 new people in their claims, sales, and service positions at its contact center in Austin, before the end of the year. These positions come with many attractive qualities, such as flexibility – for example, compressed work weeks and work from home opportunities – a casual dress code, performance bonuses, fitness centers, and on-site medical facilities for both the employees and their families. Recruiting director Katie Koch, from Progressive, said that the insurance company’s employees remain with that business…
Read MoreInsurance Information Institute reports on job loss and gain in the insurance industry
Despite record profits this year, the insurance industry continues to shed jobs. The Insurance Information Institute has released a new report highlighting the losses in the property/casualty insurance sector. Signs of an improving economy may not be enough to help the industry keep its workforce employed, especially when confronted with costly losses due to this year’s natural disasters. The Institute’s report relied on data collected by the U.S. Labor Department’s Bureau of Labor Statistics. Apart from a still turbulent economic climate, the industry has been downsizing as a result of…
Read MoreMercury experiences growth in homeowner business leading to new hiring
Mercury Insurance has announced that as a result of a significantly increasing customer base, it will be hiring 63 new employees for full-time property claims in its New York, New Jersey, Texas, and California offices. Since the start of 2011, the homeowners business at Mercury has jumped by over 10 percent. According to the human resources director at Mercury, Clarisa Eng, the company is doing their part to put people in the United States back to work. She explained that the new hires will be assisting the company to “provide…
Read MoreProgressive Insurance to increase Austin workforce by over 100
Progressive Casualty Insurance Company has announced that it is seeking to fill 101 new Austin contact center service, sales, and claims positions by the end of September. This recruitment by the fourth largest auto insurer in the United States comes close on the heels of a previous hiring in the same city that occurred in May, when it brought in 65 new phone representatives. The Austin American-Statesman has called Progressive one of the Top Workplaces within the Austin area. The new employees within the company will be responsible for assisting…
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