Local news stories affecting the auto body industry in California, Autobody News recently reported on Dave Jones' run for CA insurance commissioner, saying that the CDI directly influences about 10% of the state's economy. That number is underscored by the number of insurance companies, about 1500, doing business in the state. It also estimated the number of insurance workers at 300,000. Now we can confirm that estimate.
About one-in-10 U.S. insurance professionals work in California, the most of any state, according to a new report.
Property-casualty insurers provided 297,431 California jobs in 2008, or more than 10% of the nation’s insurance workforce. California insurance jobs accounted for $20.7 billion in compensation, according to a new Insurance Information Institute report.