Minnesota Insurance Claims & Adjusters Stats

2021 Minnesota Insurance Adjuster Employment
Adjusters* Per Office Independent Ratio Management Ratio
12,377 9 1:4 1:7.2
SOURCES: The Claims Pages Adjuster Services Department      * In-State & Out-of-State Adjusters
2021 Minnesota Insurance Company Breakdown
Largest Adjuster Concentration Largest Number of Adjusters
Saint Paul - 215 Travelers
SOURCES: The Claims Pages Adjuster Services Department
2013 Minnesota Incurred Losses
Type of Loss Total Incurred Losses
Property / Casualty $6,683,611,000
Automotive $1,831,270,000
Homeowners $1,090,155,000
Commercial $3,609,599,000
Workers' Comp $524,995,000
TOTAL $13,739,630,000
SOURCES: SNL Financial LC. Insurance Information Institute. 2013.
Minnesota Tornadoes and Related Deaths
Total Tornado Count Related Fatalities
28 0
SOURCES: U.S. Department of Commerce, Storm Prediction Center, National Weather Service.
Minnesota Wildfire Count and Coverage
Total Wildfire Count Acres Burned
990 4,367
SOURCES: National Interagency Fire Center.
Minnesota Department of Commerce, Insurance Division
Steve Kelley, Commissioner
85 7th Pl E Ste 500
St Paul, MN 55101
Phone: 651-539-1500
Minnesota Quick Stats
The 2013 insurance company claims payments in Minnesota as measured by direct property/casualty incurred losses, were $6,700,000,000.
The insurance industry provided 81,966 jobs in Minnesota in 2013, according to the Department of Commerce. These jobs accounted for about $7,160,044,000 in compensation in Minnesota.
$10,790,000,000 of the Minnesota gross state product was contributed by the insurance industry, accounting for 3.6% of the GSP.
Direct premiums written by property/casualty insurance companies in Minnesota totaled $10,237,095,000 in 2013.
Life/health premiums in Minnesota totaled $12,576,000,000 in 2013 (including life insurance, annuities, accident and health insurance, deposit type funds and other considerations).
Life insurance claims and benefits payouts in Minnesota totaled $9,500,000,000 in 2013. Includes life insurance, death benefits, matured endowments, annuity benefits and other life insurance benefits. This does not include accident and health.
The Minnesota surplus lines market accounted for $425,000,000 in gross premiums written in 2013, according to a survey by Business Insurance.
Premium taxes paid by insurance companies in Minnesota totaled $400,974,000 in 2013.
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