Rhode Island Insurance Claims & Adjusters Stats

2019 Rhode Island Insurance Adjuster Employment
Adjusters* Per Office Independent Ratio Management Ratio
11,791 9 1:3.6 1:7.4
SOURCES: The Claims Pages Adjuster Services Department      * In-State & Out-of-State Adjusters
2019 Rhode Island Insurance Company Breakdown
Largest Adjuster Concentration Largest Number of Adjusters
Lincoln - 84 Amica Mutual Insurance Co
SOURCES: The Claims Pages Adjuster Services Department
2013 Rhode Island Incurred Losses
Type of Loss Total Incurred Losses
Property / Casualty $1,080,667,000
Automotive $506,036,000
Homeowners $124,787,000
Commercial $435,585,000
Workers' Comp $104,739,000
TOTAL $2,251,814,000
SOURCES: SNL Financial LC. Insurance Information Institute. 2013.
Rhode Island Tornadoes and Related Deaths
Total Tornado Count Related Fatalities
0 0
SOURCES: U.S. Department of Commerce, Storm Prediction Center, National Weather Service.
Rhode Island Wildfire Count and Coverage
Total Wildfire Count Acres Burned
1 0
SOURCES: National Interagency Fire Center.
Department of Business Regulation, Rhode Island Division of Insurance Regulation
Joseph Torti III, Superintendent
1511 Pontiac Ave
Cranston, RI 2920
Phone: 401-462-9500
Fax: 401-462-9532
Rhode Island Quick Stats
The 2013 insurance company claims payments in Rhode Island as measured by direct property/casualty incurred losses, were $1,100,000,000.
The insurance industry provided 11,576 jobs in Rhode Island in 2013, according to the Department of Commerce. These jobs accounted for about $897,279,000 in compensation in Rhode Island.
$2,007,000,000 of the Rhode Island 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 Rhode Island totaled $2,024,660,000 in 2013.
Life/health premiums in Rhode Island totaled $2,495,000,000 in 2013 (including life insurance, annuities, accident and health insurance, deposit type funds and other considerations).
Life insurance claims and benefits payouts in Rhode Island totaled $1,700,000,000 in 2013. Includes life insurance, death benefits, matured endowments, annuity benefits and other life insurance benefits. This does not include accident and health.
The Rhode Island surplus lines market accounted for $21,900,000 in gross premiums written in 2013, according to a survey by Business Insurance.
Premium taxes paid by insurance companies in Rhode Island totaled $94,915,000 in 2013.

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