Utah Insurance Claims & Adjusters Stats

2017 Utah Insurance Adjuster Employment
Adjusters* Per Office Independent Ratio Management Ratio
9,661 9 1:2.9 1:7.1
SOURCES: The Claims Pages Adjuster Services Department      * In-State & Out-of-State Adjusters
2017 Utah Insurance Company Breakdown
Largest Adjuster Concentration Largest Number of Adjusters
S Salt Lake - 25 Bear River Mutual Ins
SOURCES: The Claims Pages Adjuster Services Department
2013 Utah Incurred Losses
Type of Loss Total Incurred Losses
Property / Casualty $1,983,285,000
Automotive $897,560,000
Homeowners $207,149,000
Commercial $837,251,000
Workers' Comp $203,796,000
TOTAL $4,129,041,000
SOURCES: SNL Financial LC. Insurance Information Institute. 2013.
Utah Tornadoes and Related Deaths
Total Tornado Count Related Fatalities
0 0
SOURCES: U.S. Department of Commerce, Storm Prediction Center, National Weather Service.
Utah Wildfire Count and Coverage
Total Wildfire Count Acres Burned
1,035 28,255
SOURCES: National Interagency Fire Center.
Utah Insurance Department
Todd E Kiser, Commissioner
3110 State Office Bldg
Salt Lake City, UT 84114
Phone: 801-538-3800
Fax: 801-538-3829
FIND SERVICE PROVIDERS
1,000,000+ COMPANY LISTINGS
Utah Quick Stats
The 2013 insurance company claims payments in Utah as measured by direct property/casualty incurred losses, were $3,500,000,000.
The insurance industry provided 24,801 jobs in Utah in 2013, according to the Department of Commerce. These jobs accounted for about $1,293,689,000 in compensation in Utah.
$2,102,000,000 of the Utah gross state product was contributed by the insurance industry, accounting for 1.6% of the GSP.
Direct premiums written by property/casualty insurance companies in Utah totaled $3,648,017,000 in 2013.
Life/health premiums in Utah totaled $4,685,000,000 in 2013 (including life insurance, annuities, accident and health insurance, deposit type funds and other considerations).
Life insurance claims and benefits payouts in Utah totaled $4,000,000,000 in 2013. Includes life insurance, death benefits, matured endowments, annuity benefits and other life insurance benefits. This does not include accident and health.
The Utah surplus lines market accounted for $179,600,000 in gross premiums written in 2013, according to a survey by Business Insurance.
Premium taxes paid by insurance companies in Utah totaled $108,872,000 in 2013.