Maine Insurance Claims & Adjusters Stats

2021 Maine Insurance Adjuster Employment

Adjusters*	Per Office	Independent Ratio	Management Ratio
12,198	9	1:3.8	1:7.6

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

2021 Maine Insurance Company Breakdown

Largest Adjuster Concentration	Largest Number of Adjusters
South Portland - 43	Maine Municipal Association

SOURCES: The Claims Pages Adjuster Services Department

2013 Maine Incurred Losses

Type of Loss	Total Incurred Losses
Property / Casualty	$982,581,000
Automotive	$359,858,000
Homeowners	$156,679,000
Commercial	$452,246,000
Workers' Comp	$136,590,000

TOTAL	$2,087,954,000

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

Maine Tornadoes and Related Deaths

Total Tornado Count	Related Fatalities
2	0

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

Maine Wildfire Count and Coverage

Total Wildfire Count	Acres Burned
282	158

SOURCES: National Interagency Fire Center.

Maine Department of Professional & Financial Regulation, Bureau of Insurance

Eric Cioppa, Superintendent

34 State House Station

Augusta, ME 4333

Phone: 207-624-8475

Fax: 207-624-8599

FIND SERVICE PROVIDERS

1,000,000+ COMPANY LISTINGS

Maine Quick Stats

The 2013 insurance company claims payments in Maine as measured by direct property/casualty incurred losses, were $983,000,000.

The insurance industry provided 13,221 jobs in Maine in 2013, according to the Department of Commerce. These jobs accounted for about $946,882,000 in compensation in Maine.

$1,564,000,000 of the Maine gross state product was contributed by the insurance industry, accounting for 2.9% of the GSP.

Direct premiums written by property/casualty insurance companies in Maine totaled $1,969,640,000 in 2013.

Life/health premiums in Maine totaled $2,662,000,000 in 2013 (including life insurance, annuities, accident and health insurance, deposit type funds and other considerations).

Life insurance claims and benefits payouts in Maine totaled $1,800,000,000 in 2013. Includes life insurance, death benefits, matured endowments, annuity benefits and other life insurance benefits. This does not include accident and health.

The Maine surplus lines market accounted for $78,100,000 in gross premiums written in 2013, according to a survey by Business Insurance.

Premium taxes paid by insurance companies in Maine totaled $99,693,000 in 2013.