Insurance Industry Description
The insurance industry in West Virginia 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. The state has several insurance companies, including State Farm, Nationwide, and Allstate, among others. The West Virginia Insurance Commission regulates the insurance industry in the state, ensuring that insurance companies comply with state laws and regulations. The commission also provides consumer protection services, including handling complaints and investigating insurance fraud. The insurance industry in West Virginia has faced challenges in recent years, including rising healthcare costs and natural disasters. However, the industry has continued to grow, with insurance premiums increasing by 3.5% in 2020. The COVID-19 pandemic has also impacted the insurance industry, with many companies offering coverage for COVID-related expenses. Overall, the insurance industry in West ...
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71
COMPANIES
5.14 Billion
TOTAL VALUE
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Related Industries
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Avg Salary in Insurance
$79,008
AVG SALARY
Top Companies
| COMPANY NAME | INDUSTRY | LOCATION | REVENUE | EMPLOYEES |
|---|---|---|---|---|
|
United States, West Virginia |
100 Million to 250 Million |
501-1000 |
||
|
United States, West Virginia |
50 Million to 100 Million |
201-500 |
||
|
United States, West Virginia |
1 Billion and Over |
11-50 |
||
|
United States, West Virginia |
500 Million to 1 Billion |
11-50 |
||
|
United States, West Virginia |
5 Million to 10 Million |
1001-5000 |
||
|
United States, West Virginia |
25 Million to 50 Million |
51-200 |
||
|
United States, West Virginia |
25 Million to 50 Million |
51-200 |
||
|
United States, West Virginia |
5 Million to 10 Million |
201-500 |
||
|
United States, West Virginia |
1 Billion and Over |
1-10 |
||
|
United States, West Virginia |
1 Billion and Over |
1-10 |
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Segmentation by Revenue
Industry + State Overview
The banking and finance industry in West Virginia 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, investment management, insurance coverage, and financial advice to individuals, businesses, and government entities in the state. West Virginia's banking sector is primarily dominated by several large national and regional banks, which have a significant presence throughout the state. These banks offer a comprehensive range of financial products and services, including checking and savings accounts, loans, mortgages, and credit cards. They also provide specialized services such as wealth management, private banking, and corporate banking to cater to the diverse needs of their clients. In addition to traditional banks, West Virginia has a strong presence of credit unions, which are member-own...
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FAQs
1
What are the top 3 Insurance companies in West Virginia?
The top Insurance companies in West Virginia are The Health Plan, WV Offices of the Insurance Commissioner and Sure Group. 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 West Virginia?
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
3
How many Insurance companies are headquartered in West Virginia?
There are approximately 71 of Insurance companies in the US according to the latest CIENCE data.
4
What is the economic impact of the Insurance in West Virginia?
The median revenue for Insurance companies in the US is 2500000.
5
Is the West Virginia region known for its Insurance sector?
Yes, the Insurance industry in West Virginia is known for Insurance as there are 71 companies in West Virginia.
6
What is the average revenue of Insurance companies in West Virginia?
The average revenue for Insurance companies in West Virginia is 72394366.
7
How can I find job opportunities in the Insurance in West Virginia?
You can find job opportunities in the Insurance in West Virginia 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 West Virginia are The Health Plan, WV Offices of the Insurance Commissioner and Sure Group. 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 71 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 West Virginia is known for Insurance as there are 71 companies in West Virginia.
The average revenue for Insurance companies in West Virginia is 72394366.
You can find job opportunities in the Insurance in West Virginia 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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