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U.S. economy continues strong despite latest healthcare costs and budget cuts,but jobs numbers are down

AUGUSTA, Ga.— The U.N. body overseeing global health, which monitors health-care costs around the world, said on Tuesday that its latest report showed the United States continued to be the world’s leading health care consumer despite rising health care costs and a $2.3 trillion budget deficit.The International Monetary Fund said the U.K. and France are […]

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How many jobs were lost to automation in 2016

An article about the employment losses in the US insurance industry from the Bureau of Labor Statistics.The number of US jobs lost to automated machines is higher than the number of jobs lost in the coal industry, according to a report released Tuesday.The unemployment rate fell to 5.3% from 5.8% in November, and is the […]

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How the Insurers’ Industry is Struggling to Reach Its Goals

The Insurance Industry is struggling to reach its goals to protect its customers and to keep them healthy.In a new report by the Insurance Information Institute (III), the industry is projected to spend about $11.5 trillion in the next decade to cover the costs of covering those who have pre-existing conditions.That’s up about 8% from […]

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Automotive insurance companies hire more people than ever

1,638 people are currently employed in the auto insurance industry in the United States, up from 4,717 in 2014.The industry is expected to expand to more than 1 million employees by 2020.The unemployment rate for drivers and other auto insurance providers is 7.2%, according to the Bureau of Labor Statistics, which is higher than the […]

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