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Hoover's is Beta Testing our Industries section.
Commercial Insurance Industry Overview
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Industry Description
Companies that provide insurance to businesses.
Industry Trends
Fewer Life Insurance Agents
The number of life insurance agents is quickly diminishing in the US, partly due to stagnant new premium revenue. The Bureau of Labor Statistics predicts that by 2010 the number of life insurance agents will have dropped 30 percent from the 2000 level.
Industry Competitors
Industry Codes
Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Commercial Insurance maps to a number of NAICS codes including:
NAICS
NAICS Title
Industry Associations & Organizations
Related Industries
Industry Financials
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Commercial Insurance industry.
Indicator
Total
NAICS Codes
1
Establishments
12,951
Sales, receipts or shipments ($1,000)
$366,051,948
Annual Payroll ($1,000)
$32,078,906
Paid Employees
607,027
Industry People
- Larry Frakes, CEO, Penn-America Group, Inc.
- James Kennedy, President and CEO, Ohio Mutual Insurance Group
- Allen Uyeda, President and CEO, First Insurance Company of Hawaii, Ltd.
- Stephen Mulready, President and CEO, NOVA Casualty Company
- John Bishop, President and CEO, American Hardware Mutual Insurance Company
Industry Jobs
Allstate Insurance Company - Valley Center.KS
From Monster
Corporate Lodging Consultants, Inc. - Wichita.KS
From CareerBuilder
Waste Connections - Valley Center.KS
From Monster
