Not too surprising that the top five states “providing employment for the property-casualty sector are California, Illinois, Texas, New York and Pennsylvania.” Despite these large numbers there are still “hundreds of thousands of jobs in agencies, brokerages, reinsurance and other insurance-related services” that were not included in the report. AIA used data from the 2004 Census Bureau for their
report.Some other impressive numbers from the report:
- P-C insurers reimbursed Americans nearly $94 billion in private passenger auto losses.
- P-C insurers compensated homeowners for more than $35 billion in insured losses.
- P-C insurers paid $131 billion in commercial insurance losses.
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