Live Insurance News

Insurance agents could see greater struggles from online selling

January 23, 2015January 20, 2015 Julie Campbell

The internet is starting to show the areas in which these industry pros could be threatened. The internet has had a history of turning jobs that used to be completed by people into tasks that could be finished in a few seconds by an algorithm or two, and now insurance agents are wondering whether that same fate could be headed in their direction. The insurance industry is seeing a massive shift toward informing consumers and selling online. Companies are introducing massive websites that promote various products, provide additional information about…

Insurance jobs are widespread within the industry

December 2, 2014November 29, 2014 Julie Campbell

Though most people think of sales when they consider employment in this area, the industry is working to change that. As the recovery period continues in the United States and around the world from the last recession, it appears as though insurance jobs have fared rather well and that there will be security within that industry well into the foreseeable future. The insurance industry has created a very good reputation for itself when it comes to employment. Moreover, the when it comes to insurance jobs, there is a broad range…

New insurance industry group could be good for Indiana

November 12, 2014November 11, 2014 Marc

Insurers team with education and economic organizations to form new industry group Specialty insurance companies in Indiana have partnered with education and economic organizations to form Northeast Indiana Specialty Insurers (NISI). The new organization aims to promote talent development, marketing, and advocate new opportunities within the regional insurance industry. The group was formed because of the high concentration of insurance workers in the region. This high concentration can make it difficult for individuals and organizations to take advantage of new opportunities, and some may lack the skills or experience needed…

Internet or insurance agent – Will websites shut down neighborhood agencies?

November 12, 2014November 11, 2014 Julie Campbell

As more people go online to shop for and purchase policies, what will happen to professionals in this industry? Despite the fact that many large insurers are making it possible for consumers to shop online to purchase the coverage that they need, many still feel that the insurance agent still does – and will continue to – play a vital role in this industry and agencies won’t be headed anywhere for the next several years. In fact, at the same time that websites are offering more self-service features, more agents…

Insurance industry benefits from favorable economic climate in the US

August 4, 2014August 15, 2014 S.Vagus

State of the Economy - Insurance industry

Report shows that new jobs have been added to the insurance sector A favorable economic and business climate has had a beneficial impact on the insurance industry last month. The U.S. Bureau of Labor Statistics has released a report that shows that the insurance industry has added thousands of new jobs in June, marking modest growth for the industry and highlighting economic activity. The demand for employees among insurers has begun to rise, especially in the health sector where insurers are being forced to comply with new regulations coming from…

Insurance news reveals that Connecticut is losing its industry share

July 25, 2014July 22, 2014 Julie Campbell

A new analysis has shown that employment recovery has been occurring nationally, but is declining in the state. The results of a recent analysis making insurance news have shown that while the industry is showing employment improvements across the country, Connecticut’s own share has been on its way down. Jobs within the life insurance sector of the industry have been plummeting in the state for 5 years. Traditionally in Connecticut employment market, the financial and insurance sectors have played very important roles. In fact, Hartford is often the center of…

Insurance jobs will have tougher requirements in some states

May 28, 2014May 26, 2014 Julie Campbell

agent staff health insurance jobs navigator

Republican controlled states intend to toughen the rules for health exchange enrollment workers. The states under Republican leadership across the country are now adding additional requirements for workers who were hired to fill the insurance jobs that assist people in enrolling for health plans under the Affordable Care Act. They will now be required to undergo criminal background checks and/or obtain licensing. The goal of this move is to help to reduce the perceived privacy and security risks that many consumers have associated with sharing their personal information with the…