Contribution to state economies
The insurance industry is a major contributor to state economies, providing employment, paying taxes and supporting community development. In addition, insurance company claims payments help ensure the economic security of individuals and businesses and help sustain a number of related industries. The magnitude of these claims payments for major insurance lines is highlighted in the Incurred losses by state section. Incurred losses are a measurement of insurance claims occurring within a fixed period.
Insurance Carriers And Related Activities Employment By State, 2023 (1)
| State |
Number of employees |
State |
Number of employees |
| Alabama |
32.6 |
Montana |
7.5 |
| Alaska |
1.9 |
Nebraska |
32.1 |
| Arizona |
72.8 |
Nevada |
20.9 |
| Arkansas |
19.4 |
New Hampshire |
12.1 |
| California |
192.8 |
New Jersey |
87.4 |
| Colorado |
47.1 |
New Mexico |
11.9 |
| Connecticut |
55.8 |
New York |
149.6 |
| Delaware |
6.3 |
North Carolina |
83.2 |
| District of Columbia |
3.7 |
North Dakota |
9.5 |
| Florida |
218.6 |
Ohio |
127.5 |
| Georgia |
101.8 |
Oklahoma |
24.2 |
| Hawaii |
7.3 |
Oregon |
24.7 |
| Idaho |
13.9 |
Pennsylvania |
129.2 |
| Illinois |
144.1 |
Rhode Island |
13.8 |
| Indiana |
58.8 |
South Carolina |
40.5 |
| Iowa |
47.6 |
South Dakota |
8.4 |
| Kansas |
28.4 |
Tennessee |
62.6 |
| Kentucky |
34.2 |
Texas |
284.0 |
| Louisiana |
35.6 |
Utah |
22.1 |
| Maine |
13.4 |
Vermont |
4.2 |
| Maryland |
46.0 |
Virginia |
65.3 |
| Massachusetts |
78.0 |
Washington |
43.2 |
| Michigan |
82.5 |
West Virginia |
9.8 |
| Minnesota |
74.8 |
Wisconsin |
73.7 |
| Mississippi |
13.0 |
Wyoming |
2.8 |
| Missouri |
63.9 |
United States |
2,844.6 |
(1) Total employment. Does not match data shown elsewhere due to the use of different surveys.
Source: Insurance Information Institute and Employees by NAICS industry, Bureau of Labor Statistics, U.S. Department of Commerce.
