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Industry Outlook

Overall employment in the insurance industry reached 2.8 million in 2019, according to the Insurance Information Institute (III)—up from more than 2.3 million in 2007. Although the number of overall jobs has increased, some employment sectors have seen stronger growth than others. From 2015 to 2019, job opportunities at life and health insurance carriers increased by 10 percent, and employment at property/casualty carriers increased by 5.5 percent. Employment at insurance agencies and brokers increased by about 9.5 percent from 2015 to 2019. 

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