| State | Property/casualty | Life/annuities | State | Property/casualty | Life/annuities |
|---|---|---|---|---|---|
| Alabama | 19 | 8 | Montana | 14 | 2 |
| Alaska | 4 | 0 | Nebraska | 51 | 32 |
| Arizona | 53 | 30 | Nevada | 11 | 0 |
| Arkansas | 13 | 17 | New Hampshire | 47 | 0 |
| California | 90 | 16 | New Jersey | 64 | 3 |
| Colorado | 10 | 15 | New Mexico | 20 | 0 |
| Connecticut | 64 | 26 | New York | 165 | 78 |
| Delaware | 102 | 26 | North Carolina | 55 | 11 |
| D.C | 5 | 0 | North Dakota | 14 | 3 |
| Florida | 110 | 10 | Ohio | 148 | 40 |
| Georgia | 22 | 14 | Oklahoma | 36 | 23 |
| Hawaii | 15 | 4 | Oregon | 16 | 2 |
| Idaho | 10 | 1 | Pennsylvania | 140 | 20 |
| Illinois | 197 | 49 | Rhode Island | 20 | 1 |
| Indiana | 58 | 24 | South Carolina | 20 | 6 |
| Iowa | 73 | 34 | South Dakota | 16 | 2 |
| Kansas | 21 | 11 | Tennessee | 29 | 16 |
| Kentucky | 9 | 8 | Texas | 212 | 124 |
| Louisiana | 33 | 27 | Utah | 12 | 16 |
| Maine | 11 | 3 | Vermont | 11 | 1 |
| Maryland | 19 | 4 | Virginia | 19 | 2 |
| Massachusetts | 47 | 16 | Washington | 5 | 5 |
| Michigan | 64 | 20 | West Virginia | 22 | 1 |
| Minnesota | 39 | 8 | Wisconsin | 153 | 18 |
| Mississippi | 17 | 12 | Wyoming | 2 | 0 |
| Missouri | 49 | 28 | United States (1) | 2,456 | 817 |
(1) Excludes territories. Excludes health insurers, risk retention groups, fraternals, title and other insurers.
Source: 2022 Insurance Department Resources Report, published by the National Association of Insurance Commissioners (NAIC). Reprinted with permission. Further reprint or redistribution strictly prohibited without written permission of NAIC.
An insurance company is said to be “domiciled” in the state that issued its primary license; it is “domestic” in that state. Once licensed in one state, it may seek licenses in other states as a “foreign” insurer (referred to as “licensed out-of-state insurers” in the chart below). An insurer incorporated in a foreign country is called an “alien” insurer in those U.S. states in which it is licensed (not included in the chart). The chart also shows self-insured groups and risk purchasing groups (organizations consisting of firms engaged in similar businesses that band together to purchase commercial insurance). Many insurers do business outside their state of domicile. For example, there are only 49 insurance companies domiciled in Alabama, but 1,498 insurers have licenses to do business in the state.
| State | Domestic insurers (1) | Licensed out-of-state insurers (2) | Chartered self-insured groups or pools | Chartered purchasing groups | All companies doing business in state |
|---|---|---|---|---|---|
| Alabama | 49 | 1,498 | 0 | 11 | 1,558 |
| Alaska | 6 | 1,137 | 0 | 0 | 1,143 |
| Arizona | 135 | 1,616 | 25 | 26 | 1,802 |
| Arkansas | 55 | 1,518 | 0 | 1 | 1,574 |
| California | 131 | 1,280 | 0 | 43 | 1,454 |
| Colorado | 50 | 1,504 | 9 | 41 | 1,604 |
| Connecticut | 102 | 1,271 | 0 | 35 | 1,408 |
| Delaware | 139 | 1,385 | 0 | 116 | 1,640 |
| D.C. | 47 | 1,355 | 0 | 15 | 1,417 |
| Florida | 437 | 1,651 | 14 | 48 | 2,150 |
| Georgia | 71 | 1,629 | 36 | 0 | 1,736 |
| Hawaii | 45 | 1,116 | 10 | 3 | 1,174 |
| Idaho | 19 | 1,376 | 17 | 2 | 1,414 |
| Illinois | 340 | 1,416 | 12 | 163 | 1,931 |
| Indiana | 134 | 1,665 | 22 | 20 | 1,841 |
| Iowa | 207 | 1,419 | 3 | 0 | 1,629 |
| Kansas | 45 | 1,541 | 17 | 13 | 1,616 |
| Kentucky | 52 | 1,563 | 10 | 0 | 1,625 |
| Louisiana | 104 | 1,501 | 23 | 2 | 1,630 |
| Maine | 22 | 1,197 | 18 | 1 | 1,238 |
| Maryland | 56 | 1,513 | 5 | 12 | 1,586 |
| Massachusetts | 78 | 1,386 | 21 | 4 | 1,489 |
| Michigan | 125 | 1,413 | 16 | 11 | 1,565 |
| Minnesota | 145 | 1,405 | 20 | 22 | 1,592 |
| Mississippi | 45 | 1,536 | 0 | 3 | 1,584 |
| Missouri | 181 | 1,546 | 12 | 10 | 1,749 |
| Montana | 34 | 1,412 | 0 | 4 | 1,450 |
| Nebraska | 114 | 1,473 | 6 | 5 | 1,598 |
| Nevada | 39 | 1,567 | 8 | 5 | 1,619 |
| New Hampshire | 60 | 1,237 | 0 | 0 | 1,297 |
| New Jersey | 119 | 1,356 | 51 | 22 | 1,548 |
| New Mexico | 32 | 2,604 | 0 | 0 | 2,636 |
| New York | 555 | 1,179 | 8 | 86 | 1,828 |
| North Carolina | 96 | 1,509 | 3 | 5 | 1,613 |
| North Dakota | 29 | 1,377 | 10 | 2 | 1,418 |
| Ohio | 258 | 1,539 | 0 | 25 | 1,822 |
| Oklahoma | 83 | 1,741 | 4 | 5 | 1,833 |
| Oregon | 44 | 1,453 | 0 | 5 | 1,502 |
| Pennsylvania | 238 | 1,596 | 13 | 33 | 1,880 |
| Rhode Island | 29 | 1,335 | 1 | 24 | 1,389 |
| South Carolina | 84 | 1,558 | 0 | 11 | 1,653 |
| South Dakota | 38 | 1,417 | 0 | 0 | 1,455 |
| Tennessee | 70 | 1,623 | 3 | 8 | 1,704 |
| Texas | 406 | 1,614 | 2 | 48 | 2,070 |
| Utah | 112 | 1,812 | 0 | 12 | 1,936 |
| Vermont | 109 | 1,197 | 0 | 9 | 1,315 |
| Virginia | 67 | 1,575 | 14 | 13 | 1,669 |
| Washington | 37 | 1,438 | 0 | 9 | 1,484 |
| West Virginia | 32 | 1,412 | 1 | 2 | 1,447 |
| Wisconsin | 333 | 1,668 | 0 | 7 | 2,008 |
| Wyoming | 4 | 1,435 | 1 | 1 | 1,441 |
| Total U.S. (3) | 5,929 | (4) | 415 | 943 | 7,287 |
(1) Insurers that are domiciled in the state. Includes property/casualty, life/annuities, health, fraternal, title, risk retention groups and "other".
(2) This category is comprised of insurers designated by the NAIC as "foreign insurers"—i.e., insurers whose state of domicile is other than the state in which it is writing business. There is no U.S. total in this column to avoid double counting—i.e., insurers are only included in the figures for states in which they are domiciled.
(3) Totals include U.S. territories and possessions.
(4) No totals shown, so as to avoid double counting. Totals reflect insurers physically located in the state.
Source: Insurance Department Resources Report, 2020, published by the National Association of Insurance Commissioners (NAIC). Reprinted with permission. Further reprint or redistribution strictly prohibited without written permission of NAIC.