Total number of insurance companies in the US?

Question

hi i need an accurate number of how many companies are licensed in the US both national an foreign.

please help

Answer 1

Per the Insurance Information Institute:

There were 2,648 property/casualty insurance companies and 1,257 life/health insurance companies in the United States in 2006. Many of these companies were part of larger entities. Total assets of property/casualty insurers totaled $1.483 trillion in 2006. Cash and invested assets were $1.229 trillion, or 83 percent. Life/health insurer total assets were $4.723 trillion in 2006. Cash and invested assets of these insurers amounted to $2.874 trillion, or 61 percent.

Answer 2

You have to go to each state insurance department website - each state will have a listing of insurance companies that are licensed in that state.  

Then you cross reference it, as many insurance companies are licensed in EVERY state.  

Then you have the number.