In industry news:

McKinsey & Co. released a new report, “Closing the Gap: Leadership Perspectives on Promoting Women in Financial Services.” The report indicates that women outnumber men 57 percent to 43 percent in entry-level jobs in the insurance industry, but female representation declines as the rungs of the ladder rise. Women make up just 18 percent of C-suite executives at insurance companies.

Read more from Business Insurance here.

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