CONTRIBUTION TO THE NATIONAL ECONOMY 
INSURANCE PAYROLLS


INSURANCE CARRIERS AND RELATED ACTIVITIES COMPENSATION, 2002-2006


Year

Annual payroll ($ billions)
2002$143.8
2003154.0
2004166.4
2005173.1
2006183.4

Source: U.S. Bureau of Economic Analysis.

  • Insurers employed more than 2.3 million people in 2006, with wages approaching $200 billion.