Industry Analysis & Industry Trends
After experiencing financial and natural catastrophes during the past five years, the industry remains relatively strong. While revenue declined steadily during the recession, investment conditions and profitability are both expected to increase during the next five years, benefiting operators. Underwriting gains will be a key aspect of the industry's success over the period, and more companies will use the internet to boost profitability... purchase to read more
Industry Report - Industry Locations Chapter
The distribution of industry establishments is largely determined by population trends. Larger and more populated states tend to have more industry establishments than their smaller counterparts. Population density is also an important indicator of the number of establishments in each state. States with low density tend to have more establishments per individual than densely populated regions. In contrast, densely populated regions have fewer establishments but larger offices.
In addition to population, the distribution of industry establishments is also influenced by regulatory requirements and premium prices. States with higher premiums and less regulation tend to have more establishments. However, higher premiums are often associated with greater risk... purchase to read more