CONTRIBUTION TO STATE ECONOMIES 
DOMESTIC INSURANCE COMPANIES BY STATE, PROPERTY/CASUALTY AND LIFE/HEALTH INSURANCE, 2006


State

Property/
casualty

Life/
health

State

Property/
casualty

Life/
health
Alabama2313Montana53
Alaska70Nebraska3327
Arizona45211Nevada134
Arkansas1135New Hampshire303
California12023New Jersey816
Colorado1610New Mexico93
Connecticut6729New York19382
Delaware8436North Carolina685
D.C.73North Dakota173
Florida8537Ohio13638
Georgia3816Oklahoma4928
Hawaii183Oregon134
Idaho92Pennsylvania19637
Illinois17267Rhode lsland254
Indiana7242South Carolina2512
Iowa5924South Dakota192
Kansas2513Tennessee2115
Kentucky79Texas231151
Louisiana3749Utah1116
Maine212Vermont162
Maryland437Virginia1511
Massachusetts5319Washington2110
Michigan7028West Virglnia62
Minnesota5112Wisconsin18331
Mississippi1521Wyoming20
Missouri5231United States (1)2,6481,257
(1) Includes U.S. territories and possessions.

Source: Insurance Department Resources Report, 2006, published by the National Association of Insurance Commissioners (NAIC). Reprinted with permission. Further reprint or redistribution strictly prohibited without written permission of NAIC.
  • According to the National Association of Insurance Commissioners (NAIC), there were 2,648 P/C companies in the United States in 2006, compared with 2,725 in 2005.

  • The L/H insurance industry consisted of 1,257 companies in 2006, compared with 1,299 in 2005, according to the NAIC.

  • Many insurance companies are part of larger organizations. According to A.M. Best, in 2006 the P/C insurance industry consisted of 967 organizations, including 584 stock (or public) companies and 315 mutual organizations (firms owned by their policyholders). The remainder consisted of 57 reciprocals, 8 Lloyd’s organizations and 19 state funds.