South Dakota Insurance Claims & Adjusters Stats

2017 South Dakota Insurance Adjuster Employment
Adjusters* Per Office Independent Ratio Management Ratio
9,143 9 1:3 1:7.3
SOURCES: The Claims Pages Adjuster Services Department      * In-State & Out-of-State Adjusters
2017 South Dakota Insurance Company Breakdown
Largest Adjuster Concentration Largest Number of Adjusters
Sioux Falls - 48 The IMT Grp
SOURCES: The Claims Pages Adjuster Services Department
2013 South Dakota Incurred Losses
Type of Loss Total Incurred Losses
Property / Casualty $1,418,869,000
Automotive $335,608,000
Homeowners $185,131,000
Commercial $804,632,000
Workers' Comp $79,268,000
TOTAL $2,823,508,000
SOURCES: SNL Financial LC. Insurance Information Institute. 2013.
South Dakota Tornadoes and Related Deaths
Total Tornado Count Related Fatalities
37 0
SOURCES: U.S. Department of Commerce, Storm Prediction Center, National Weather Service.
South Dakota Wildfire Count and Coverage
Total Wildfire Count Acres Burned
918 13,127
SOURCES: National Interagency Fire Center.
South Dakota Department of Labor & Regulation, Division of Insurance
Merle Scheiber, Director
445 E Capitol Ave
Pierre, SD 57501
Phone: 605-773-3563
Fax: 605-773-5369
FIND SERVICE PROVIDERS
1,000,000+ COMPANY LISTINGS
South Dakota Quick Stats
The 2013 insurance company claims payments in South Dakota as measured by direct property/casualty incurred losses, were $1,340,000,000.
The insurance industry provided 11,959 jobs in South Dakota in 2013, according to the Department of Commerce. These jobs accounted for about $520,851,000 in compensation in South Dakota.
$870,000,000 of the South Dakota gross state product was contributed by the insurance industry, accounting for 2.0% of the GSP.
Direct premiums written by property/casualty insurance companies in South Dakota totaled $2,319,233,000 in 2013.
Life/health premiums in South Dakota totaled $1,594,000,000 in 2013 (including life insurance, annuities, accident and health insurance, deposit type funds and other considerations).
Life insurance claims and benefits payouts in South Dakota totaled $1,900,000,000 in 2013. Includes life insurance, death benefits, matured endowments, annuity benefits and other life insurance benefits. This does not include accident and health.
The South Dakota surplus lines market accounted for $41,500,000 in gross premiums written in 2013, according to a survey by Business Insurance.
Premium taxes paid by insurance companies in South Dakota totaled $71,989,000 in 2013.