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Insurance Industry Description

The insurance industry in Pennsylvania is a significant contributor to the state's economy. The industry provides a range of insurance products, including auto, home, health, life, and commercial insurance. Pennsylvania is home to several large insurance companies, including Aetna, Cigna, and UnitedHealth Group. These companies offer a variety of insurance products to individuals and businesses in the state. The Pennsylvania Insurance Department regulates the insurance industry in the state. The department is responsible for ensuring that insurance companies comply with state laws and regulations. It also provides consumer protection services, including assistance with insurance claims and complaints. Pennsylvania has a competitive insurance market, with many companies offering similar products. Consumers can compare rates and coverage options to find the best insurance policy for their needs. The state also has a high number of uninsured residents, which has led to efforts to inc...

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1,070

COMPANIES

55.8 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Insurance

$93,319

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Insurance

United States, Pennsylvania

1 Billion and Over

10001+

Insurance

United States, Pennsylvania

1 Billion and Over

10001+

Insurance

United States, Pennsylvania

1 Billion and Over

5001-10000

Insurance

United States, Pennsylvania

1 Billion and Over

5001-10000

Insurance

United States, Pennsylvania

1 Billion and Over

1001-5000

Insurance

United States, Pennsylvania

1 Billion and Over

1001-5000

Insurance

United States, Pennsylvania

1 Billion and Over

1001-5000

H
medal HRH

Insurance

United States, Pennsylvania

1 Billion and Over

1001-5000

Insurance

United States, Pennsylvania

1 Billion and Over

1001-5000

Insurance

United States, Pennsylvania

1 Billion and Over

1001-5000

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employees

Segmentation by Number of Employees

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Industry + State Overview

The banking and finance industry in Pennsylvania is a crucial sector that plays a significant role in the state's economy. Pennsylvania is home to numerous banks, financial institutions, and investment firms, making it a hub for financial activities. The industry encompasses a wide range of services, including commercial banking, investment banking, asset management, insurance, and financial planning. Commercial banking is a prominent component of the industry, with several major banks headquartered in Pennsylvania. These banks provide a variety of services to individuals, businesses, and government entities, including deposit accounts, loans, credit cards, and other financial products. They play a vital role in facilitating economic growth by providing capital to businesses and individuals for investment and consumption. Investment banking is another crucial aspect of the industry, with Pennsylvania being home to several prominent investment banks. These institutions assist compa...

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FAQ

FAQs

The top Insurance companies in Pennsylvania are Chubb, Highmark and Independence Blue Cross. 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 1070 of Insurance companies in the US according to the latest CIENCE data.

The median revenue for Insurance companies in the US is 2500000.

Yes, the Insurance industry in Pennsylvania is known for Insurance as there are 1070 companies in Pennsylvania.

The average revenue for Insurance companies in Pennsylvania is 52179439.

You can find job opportunities in the Insurance in Pennsylvania 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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