Daniel Porter

The CPA Shortage

The CPA Shortage

Looking to hire an accountant for your organization? Good luck. The declining number of people entering and staying in the accounting field is posing a significant challenge for public and private organizations. More than 300,000 U.S. accountants and auditors left their jobs in the past two years— a 17 percent decline in employed accountants and auditors from…

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US Auto Insurance Market Report: Private auto struggles to subside

US Auto Insurance Market Report: Private auto struggles to subside

Continued upward pressure on claims severity across coverages has prolonged the post-pandemic recovery for the private auto business as carriers will continue to implement large rate increases in the near term. ➤ S&P Global Market Intelligence’s 2023 US Auto Insurance Market Report projects that private auto results will improve from 2022’s worst-in-decades combined ratio of…

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