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Xolodno

(6,950 posts)

6. Insurance employees are also taking a beating, as are Agents.

Reply to Dennis Donovan (Original post)

Wed Apr 2, 2025, 05:37 PM

Apr 2

There have been a lot of layoffs in this sector, flooding the job markets.

Agents are also getting hit, they rely on commission. So they are scrambling to find new coverage for their policy holders. Often times its too high. Severe weather events are making companies and re-insurers nervous.

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Highlight:

Newsweek: Home Insurance Providers Have Dropped 1 in 4 US Homeowners [View all] Dennis Donovan Apr 2 OP

This can't be right. Seem very high. I can believe 1 in 8 or 10, Wingus Dingus Apr 2 #1

Beware lowered coverage with rising rates. bucolic_frolic Apr 2 #2

Mortgages and Insurance BlueKentuckyGirl Apr 2 #3

A way to foreclosure Blue Full Moon Apr 2 #4

yep BlueKentuckyGirl Apr 2 #5

Insurance employees are also taking a beating, as are Agents. Xolodno Apr 2 #6