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Economy Statistics > GSP > Compensation of Employees > Insurance carriers and related activities (most recent) by state

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Showing latest available data.
Rank   States  Amount  (top to bottom)   
#1  California:$1,790,000,000.00  
#2  New York:$1,379,000,000.00  
#3  Texas:$1,017,000,000.00  
#4  Illinois:$843,000,000.00  
#5  Pennsylvania:$805,000,000.00  
#6  Florida:$777,000,000.00  
#7  New Jersey:$711,000,000.00  
#8  Connecticut:$681,000,000.00  
#9  Ohio:$607,000,000.00  
#10  Massachusetts:$528,000,000.00  
#11  Minnesota:$450,000,000.00  
#12  Georgia:$444,000,000.00  
#13  Michigan:$377,000,000.00  
#14  Wisconsin:$367,000,000.00  
#15  North Carolina:$283,000,000.00  
#16  Maryland:$279,000,000.00  
#17  Washington:$273,000,000.00  
#18  Virginia:$273,000,000.00  
#19  Indiana:$267,000,000.00  
#20  Missouri:$264,000,000.00  
#21  Iowa:$246,000,000.00  
#22  Colorado:$242,000,000.00  
#23  Tennessee:$230,000,000.00  
#24  Arizona:$220,000,000.00  
#25  Oregon:$155,000,000.00  
#26  Alabama:$151,000,000.00  
#27  South Carolina:$145,000,000.00  
#28  Kentucky:$139,000,000.00  
#29  Nebraska:$136,000,000.00  
#30  Kansas:$131,000,000.00  
#31  Louisiana:$124,000,000.00  
#32  Oklahoma:$103,000,000.00  
#33  New Hampshire:$99,000,000.00  
#34  Utah:$76,000,000.00  
#35  Nevada:$76,000,000.00  
#36  Maine:$70,000,000.00  
#37  Arkansas:$63,000,000.00  
#38  Rhode Island:$61,000,000.00  
#39  Mississippi:$57,000,000.00  
#40  Delaware:$45,000,000.00  
#41  New Mexico:$42,000,000.00  
#42  Hawaii:$40,000,000.00  
#43  District of Columbia:$37,000,000.00  
#44  Idaho:$37,000,000.00  
#45  West Virginia:$36,000,000.00  
#46  North Dakota:$28,000,000.00  
#47  South Dakota:$27,000,000.00  
#48  Montana:$26,000,000.00  
#49  Vermont:$25,000,000.00  
#50  Alaska:$12,000,000.00  
#51  Wyoming:$8,000,000.00  
Total: $15,302,000,000.00   
Weighted average: $300,039,215.69   


DEFINITION: Insurance carriers and related activities, Compensation of Employees (current dollars) Compensation of Employees is a statisical term which refers to the total gross (pre-tax) wages paid by employers to employeesfor work done in an accounting period, such as a quarter or a year. It represents roughly the total labor cost to an employer.

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