Home insurance is changing, and not for the better

[Xolodno]

10. Property insurance market is a blood bath right now.

More frequent and larger wildfires in the west. More hurricanes and tripical storms. And more tornados and hail storms, and not just the usual places, in areas where it was really rare.

If you are a property analyst or product manager, good chance you recently got fired.

As they pull away or reduce thier footprint in some market and find ways to reduce the cost of claims, the need for these people become less. So to save the combinded ratio, out the door they go. If you go on linkedin you will see these job opportunities are not in demand as much before. The ones that do open up have 100+ applicants. And this doesn't even include everyone applying on indeed.

I'll be taking my Property and Casualty license exam later next month and then work at a brokerage and sell auto insurance. People that need homeowners, BOP or Commercial Property are mainly in riskier areas and all you can do is place them with the very expensive insurance carrier of last resort.