CONTRIBUTION TO THE NATIONAL ECONOMY
INSURANCE PAYROLLS
INSURANCE CARRIERS AND RELATED ACTIVITIES COMPENSATION, 2002-2006
Year
Annual payroll ($ billions)
2002
$143.8
2003
154.0
2004
166.4
2005
173.1
2006
183.4
Source: U.S. Bureau of Economic Analysis.
Insurers employed more than 2.3 million people in 2006, with wages approaching $200 billion.