Insurance Industry Description
The insurance industry in Idaho is a significant contributor to the state's economy. The industry provides a range of insurance products, including auto, home, health, life, and business insurance. Idaho has a competitive insurance market, with many national and regional insurance companies operating in the state. The Idaho Department of Insurance regulates the industry and ensures that insurance companies comply with state laws and regulations. The state's insurance market is dominated by a few large companies, but there are also many smaller companies that offer specialized insurance products. The industry has seen steady growth in recent years, with premiums increasing by an average of 4.5% annually. The COVID-19 pandemic has had a significant impact on the industry, with many insurers offering relief measures to policyholders. Overall, the insurance industry in Idaho is a vital part of the state's economy, providing jobs and financial protection to individuals and businesses alike.
104
COMPANIES
6.07 Billion
TOTAL VALUE
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Related Industries
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Avg Salary in Insurance
$83,132
AVG SALARY
Top Companies
| COMPANY NAME | INDUSTRY | LOCATION | REVENUE | EMPLOYEES |
|---|---|---|---|---|
|
United States, Idaho |
1 Billion and Over |
1001-5000 |
||
|
United States, Idaho |
10 Million to 25 Million |
10001+ |
||
|
United States, Idaho |
10 Million to 25 Million |
10001+ |
||
|
United States, Idaho |
100 Million to 250 Million |
201-500 |
||
|
United States, Idaho |
50 Million to 100 Million |
201-500 |
||
|
United States, Idaho |
50 Million to 100 Million |
201-500 |
||
|
United States, Idaho |
100 Million to 250 Million |
51-200 |
||
|
United States, Idaho |
500 Million to 1 Billion |
11-50 |
||
|
United States, Idaho |
5 Million to 10 Million |
1001-5000 |
||
|
United States, Idaho |
250 Million to 500 Million |
11-50 |
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Segmentation by Revenue
Industry + State Overview
The banking and finance industry in Idaho plays a crucial role in the state's economy. It encompasses a wide range of financial institutions, including commercial banks, credit unions, investment firms, and insurance companies. These entities provide essential services such as lending, deposit-taking, investment management, and risk mitigation to individuals, businesses, and government entities in Idaho. Idaho's banking sector is primarily dominated by several large national and regional banks, along with numerous community banks that cater to local communities. These banks offer a comprehensive range of financial products and services, including personal and business loans, mortgages, credit cards, and various deposit accounts. They also facilitate electronic banking services, allowing customers to access their accounts and conduct transactions online. Credit unions also play a significant role in Idaho's financial landscape. These member-owned financial cooperatives provide simi...
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FAQs
1
What are the top 3 Insurance companies in Idaho?
The top Insurance companies in Idaho are Blue Cross of Idaho, Tmg Financial and McCarthy Jones and Woodard Llc. To view a full list of companies in this industry, please sign in to CIENCE GO Data.
2
How are these Insurance companies ranked in Idaho?
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
3
How many Insurance companies are headquartered in Idaho?
There are approximately 104 of Insurance companies in the US according to the latest CIENCE data.
4
What is the economic impact of the Insurance in Idaho?
The median revenue for Insurance companies in the US is 7500000.
5
Is the Idaho region known for its Insurance sector?
Yes, the Insurance industry in Idaho is known for Insurance as there are 104 companies in Idaho.
6
What is the average revenue of Insurance companies in Idaho?
The average revenue for Insurance companies in Idaho is 58326923.
7
How can I find job opportunities in the Insurance in Idaho?
You can find job opportunities in the Insurance in Idaho through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.
8
Where are other Insurance companies located?
The overall Insurance industry main page is found here.
FAQs
The top Insurance companies in Idaho are Blue Cross of Idaho, Tmg Financial and McCarthy Jones and Woodard Llc. To view a full list of companies in this industry, please sign in to CIENCE GO Data.
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
There are approximately 104 of Insurance companies in the US according to the latest CIENCE data.
The median revenue for Insurance companies in the US is 7500000.
Yes, the Insurance industry in Idaho is known for Insurance as there are 104 companies in Idaho.
The average revenue for Insurance companies in Idaho is 58326923.
You can find job opportunities in the Insurance in Idaho through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.
The overall Insurance industry main page is found here.
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