Colorado Insurance Claims & Adjusters Stats

2020 Colorado Insurance Adjuster Employment

Adjusters*	Per Office	Independent Ratio	Management Ratio
13,215	9	1:4.1	1:7.7

SOURCES: The Claims Pages Adjuster Services Department * In-State & Out-of-State Adjusters

2020 Colorado Insurance Company Breakdown

Largest Adjuster Concentration	Largest Number of Adjusters
Colorado Springs - 280	USAA

SOURCES: The Claims Pages Adjuster Services Department

2013 Colorado Incurred Losses

Type of Loss	Total Incurred Losses
Property / Casualty	$6,302,530,000
Automotive	$2,172,913,000
Homeowners	$1,224,168,000
Commercial	$2,799,323,000
Workers' Comp	$505,966,000

TOTAL	$13,004,900,000

SOURCES: SNL Financial LC. Insurance Information Institute. 2013.

Colorado Tornadoes and Related Deaths

Total Tornado Count	Related Fatalities
54	0

SOURCES: U.S. Department of Commerce, Storm Prediction Center, National Weather Service.

Colorado Wildfire Count and Coverage

Total Wildfire Count	Acres Burned
830	24,949

SOURCES: National Interagency Fire Center.

Department of Regulatory Agencies, Colorado Division of Insurance

Jim Riesberg, Commissioner

1560 Broadway Ste 850

Denver, CO 80202

Phone: 303-894-7499

Fax: 303-894-7455

FIND SERVICE PROVIDERS

1,000,000+ COMPANY LISTINGS

Colorado Quick Stats

The 2013 insurance company claims payments in Colorado as measured by direct property/casualty incurred losses, were $6,300,000,000.

The insurance industry provided 52,387 jobs in Colorado in 2013, according to the Department of Commerce. These jobs accounted for about $3,505,434,000 in compensation in Colorado.

$5,987,000,000 of the Colorado gross state product was contributed by the insurance industry, accounting for 2.2% of the GSP.

Direct premiums written by property/casualty insurance companies in Colorado totaled $9,260,041,000 in 2013.

Life/health premiums in Colorado totaled $11,627,000,000 in 2013 (including life insurance, annuities, accident and health insurance, deposit type funds and other considerations).

Life insurance claims and benefits payouts in Colorado totaled $7,300,000,000 in 2013. Includes life insurance, death benefits, matured endowments, annuity benefits and other life insurance benefits. This does not include accident and health.

The Colorado surplus lines market accounted for $583,600,000 in gross premiums written in 2013, according to a survey by Business Insurance.

Premium taxes paid by insurance companies in Colorado totaled $211,320,000 in 2013.