Illinois Insurance Claims & Adjusters Stats

2014 Illinois Insurance Adjuster Employment
Adjusters* Per Office Independent Ratio Management Ratio
14,718 10 1:3.4 1:7.1
SOURCES: The Claims Pages Adjuster Services Department      * In-State & Out-of-State Adjusters
2014 Illinois Insurance Company Breakdown
Largest Adjuster Concentration Largest Number of Adjusters
Downers Grove - 422 State Farm Ins Co
SOURCES: The Claims Pages Adjuster Services Department
2013 Illinois Incurred Losses
Type of Loss Total Incurred Losses
Property / Casualty $13,768,320,000
Automotive $3,715,017,000
Homeowners $2,180,699,000
Commercial $7,572,645,000
Workers' Comp $1,606,520,000
TOTAL $28,843,201,000
SOURCES: SNL Financial LC. Insurance Information Institute. 2013.
2014 Illinois Tornadoes and Related Deaths
Total Tornado Count Related Fatalities
35 0
SOURCES: U.S. Department of Commerce, Storm Prediction Center, National Weather Service.
2014 Illinois Wildfire Count and Coverage
Total Wildfire Count Acres Burned
36 727
SOURCES: National Interagency Fire Center.
Illinois Department Insurance
Andrew Boron, Director
320 W Washington St
Springfield, IL 62767
Phone: 217-782-4515
Fax: 217-782-5020
FIND SERVICE PROVIDERS
1,000,000+ COMPANY LISTINGS
Illinois Quick Stats
The 2013 insurance company claims payments in Illinois as measured by direct property/casualty incurred losses, were $12,100,000,000.
The insurance industry provided 142,865 jobs in Illinois in 2013, according to the Department of Commerce. These jobs accounted for about $11,668,284,000 in compensation in Illinois.
$27,324,000,000 of the Illinois gross state product was contributed by the insurance industry, accounting for 3.9% of the GSP.
Direct premiums written by property/casualty insurance companies in Illinois totaled $22,218,661,000 in 2013.
Life/health premiums in Illinois totaled $26,746,000,000 in 2013 (including life insurance, annuities, accident and health insurance, deposit type funds and other considerations).
Life insurance claims and benefits payouts in Illinois totaled $20,000,000,000 in 2013. Includes life insurance, death benefits, matured endowments, annuity benefits and other life insurance benefits. This does not include accident and health.
The Illinois surplus lines market accounted for $1,160,100,000 in gross premiums written in 2013, according to a survey by Business Insurance.
Premium taxes paid by insurance companies in Illinois totaled $359,578,000 in 2013.