California Premium Volume: $332 Billion
Insurance Commissioner Dave Jones announced that California’s annual insurance premium volume has increased to $332 billion. California is now the fourth largest insurance market in the world and remains the largest insurance market in the United States.
“As the regulator of the largest insurance market in the nation, I am committed to protecting consumers and making sure they have access to a healthy insurance market offering products to meet consumer and business needs,” said Jones. “Insurance is the one product that touches our lives from the moment we are born to beyond our last breath.”