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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