Money in the bank

Here’s a hodge-podge of things I’ve noticed recently.

Bad news is that insurance carrier profits in the P&C area fell nearly 80% last year.

· Curious... as they predominantly blame it on investments, but the DOW only went down 38%.

· On the plus side, they still made $14 Billion.

Bad news is that insurance companies unemployment was 3.5% in January.

· Good news, I guess, is that national unemployment is double that figure.

Bad news is that employee referrals are responsible for 40% of the hires for most companies.

· That only leaves a 60% universe, then, for the recruiting industry!