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Insurance Industry Description

The insurance industry in Illinois is a significant contributor to the state's economy. The industry provides a range of insurance products, including life, health, property, and casualty insurance. Illinois is home to several large insurance companies, including State Farm, Allstate, and Country Financial. These companies employ thousands of people in the state and generate billions of dollars in revenue each year. The Illinois Department of Insurance 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. Illinois has a competitive insurance market, with many companies offering a variety of insurance products. Consumers can choose from a range of options and compare prices and coverage to find the best insurance policy for their needs. The state also has a robust insurance mark...

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919

COMPANIES

90.5 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Insurance

$83,862

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Insurance

United States, Illinois

1 Billion and Over

10001+

Insurance

United States, Illinois

1 Billion and Over

10001+

Insurance

United States, Illinois

1 Billion and Over

10001+

Insurance

United States, Illinois

1 Billion and Over

10001+

Insurance

United States, Illinois

1 Billion and Over

10001+

Insurance

United States, Illinois

1 Billion and Over

10001+

Insurance

United States, Illinois

1 Billion and Over

10001+

Insurance

United States, Illinois

1 Billion and Over

10001+

Insurance

United States, Illinois

1 Billion and Over

10001+

Insurance

United States, Illinois

1 Billion and Over

5001-10000

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employees

Segmentation by Number of Employees

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Industry + State Overview

The banking and finance industry in Illinois is a crucial sector that plays a significant role in the state's economy. It encompasses a wide range of financial institutions, including commercial banks, credit unions, investment banks, insurance companies, and other financial services providers. Illinois is home to several major banks and financial institutions, such as JPMorgan Chase, Bank of America, and Northern Trust, which have a significant presence in the state. These institutions offer a wide range of banking services, including personal and business banking, wealth management, lending, and investment services. The banking and finance industry in Illinois is highly regulated by both state and federal agencies, such as the Illinois Department of Financial and Professional Regulation and the Federal Reserve. These regulatory bodies ensure the stability and integrity of the financial system, protect consumers, and promote fair and transparent practices within the industry. I...

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FAQ

FAQs

The top Insurance companies in Illinois are Allstate, State Farm and Blue Cross and Blue Shield of Illinois. 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 919 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 Illinois is known for Insurance as there are 919 companies in Illinois.

The average revenue for Insurance companies in Illinois is 98471708.

You can find job opportunities in the Insurance in Illinois 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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