US Claims Adjusting Industry-2010-final by BarnesReports

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									BReports
     ARNES
U.S. Claims Adjusting
Industry (NAICS 524291)


             n Market Reports

             n Industry Trends

             n Demographic Data




   Edition   2010
                      © C. Barnes & Co.
                        Claims Adjusting Industry
                             (NAICS 524291)


                                     TABLE OF CONTENTS
          Users' Guide
          Industry Definition and Related Industries
          Industry Establishments, Sales & Employment Trends
          Industry Ratios
          Establishments, Firms & Payroll
          Sub-Industries - 2009 Estimated Industry Sales ($Millions)
          Sub-Industries - 2009 Estimated Number of Establishments
          Sub-Industries - 2009 Estimated Number of Employees
          5-Year Trend - Estimated Industry Sales ($Millions)
          5-Year Trend - Estimated Number of Establishments
          5-Year Trend - Estimated Number of Employees
          2010 U.S. States - Estimated Number of Establishments
          2010 U.S. States - Estimated Industry Sales ($Millions)
          2010 U.S. States - Estimated Number of Employees
          2011 U.S. States - Estimated Number of Establishments
          2011 U.S. States - Estimated Industry Sales ($Millions)
          2011 U.S. States - Estimated Number of Employees
          2010 U.S. Metropolitan Areas - Estimated Number of Establishments
          2010 U.S. Metropolitan Areas - Estimated Industry Sales ($Millions)
          2010 U.S. Metropolitan Areas - Estimated Number of Employees
          2011 U.S. Metropolitan Areas - Estimated Number of Establishments
          2011 U.S. Metropolitan Areas - Estimated Industry Sales ($Millions)
          2011 U.S. Metropolitan Areas - Estimated Number of Employees
          Definitions and Terms




© 2010 Barnes Reports: U.S. Claims Adjusting Industry                           1
                               Claims Adjusting Industry
                                    (NAICS 524291)

                                                    USERS' GUIDE
The Barnes Reports are the leading publications on U.S. industries and estimates and forecasts
on sales and employment demographics. As a way of making the most of this information, we have
included a few suggestions and tips to aid you in processing and using this information.

Managers, planners, and market researchers use this information for a variety of activities:
   • Sizing markets and segments – You can estimate the size of the regional markets you sell in
              and your company’s market penetration into that market. You can do the same with the market
              segments in which you participate.
   • Sales territory potential – You can estimate your market penetration and also the market potential
              in any regional area or market segment.
   • Sales forecasting – With the estimates on the size of the industry, market researchers supporting
              a sales force can then estimate and forecast the future size of the industry.
   • Advertising strategies – You can use this information for forecasting and estimating sales potential
              and target advertising campaigns.
   • Competitive analysis – You will use the information to locate your possible competitors (if it is
              not already known), to estimate their size, growth and strengths and weaknesses and to see what
              market segments in which they participate.

We recognize that many managers today are asked to provide detailed analysis of their markets,
sales territories, distribution channels, and product placements. We have organized these reports in a
logical format making your market analysis and research tasks easy to accomplish.




Copyright © 2010 By C. Barnes & Co.
Printed in USA

All rights reserved. This publication may not be reproduced, stored in any information or retrieval system
or transmitted in whole or in part, in any form or by any means - electronic, mechanical, photocopying,
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Note: Every effort has been made to verify and ensure the accuracy of the information within this
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any loss or damage to any party as a result of the information or errors in this publication.


     © 2010 Barnes Reports: U.S. Claims Adjusting Industry                                                      2
                            Claims Adjusting Industry
                                 (NAICS 524291)

Industry Definition and Related Industries

NAICS 524291: Claims Adjusting. This industry comprises
establishments primarily engaged in investigating, appraising, and
settling insurance claims.




Related Industries
          Health & Medical Insurance
          Casualty & Property Insurance
          Life Insurance
          Insurance Agencies

U.S. Census Categories
NAICS 524291 – Claims Adjusting is 5% comparable to
SIC 6411 – Insurance Agencies

Sub-Industries
Claims Adjusting




    © 2010 Barnes Reports: U.S. Claims Adjusting Industry            3
                                       Claims Adjusting Industry
                                            (NAICS 524291)

Industry Establishments, Sales & Employment Trends

                                                            Year                                    Percent Chg. Year-to-Year
                                   2007        2008         2009          2010       2011          07-08 08-09 09-10 10-11
Establishments                        5,551        5,758        5,665       5,788        5,831        3.7%        -1.6%        2.2%    0.8%
Sales ($Millions)                     4,938        5,221        4,918       5,035        5,141        5.7%        -5.8%        2.4%    2.1%
Employment                           55,227       57,243      56,424       57,503       58,017        3.6%        -1.4%        1.9%    0.9%




Industry Ratios

                                                            Year                                    Percent Chg. Year-to-Year
(Industry Averages) 2007 2008                               2009          2010       2011          07-08 08-09 09-10 10-11
Sales ($M)/Estab.      0.89    0.91                              0.87         0.87        0.88        1.9%        -4.3%        0.2%    1.3%
Sales ($)/Emp.       89,419  91,200                           87,159       87,560       88,607        2.0%        -4.4%        0.5%    1.2%
Emps. per Estab.         9.9     9.9                             10.0          9.9           9.9     -0.1%         0.2%       -0.2%    0.1%




Establishments, Firms & Payroll

                                    Employee Size of Firm or Establishment
            2009                   1-4          5-9        10-19          20-99 100-499 500+                        Total
                                  Emps.        Emps.       Emps.          Emps. Emps. Emps.
Firms                                  2,692         502            235       220            60          47                    3,755
Establishments                         3,978         802            420       303            53           7                    5,666
Payroll ($000)                          186          157            165       467          483        1,670                    3,127


* Firms (total company) are represented by employee size of firm.
 Establishments (individual locations) are represented by employee size of establishments.
 "Total establishments" do not include "unknown employees" so will not match "total establishments" in other parts of the report.




      © 2010 Barnes Reports: U.S. Claims Adjusting Industry                                                                                   4
                          Claims Adjusting Industry
                               (NAICS 524291)

Sub-Industries – 2009 Estimated Industry Sales ($Millions)

                                                               Total
                     Sub-Industries                           Sales
            Insurance claim adjusters, not                       $4,917.9



Sub-Industries – 2009 Estimated Number of Establishments

                                                               Total
                     Sub-Industries                       Establishments
            Insurance claim adjusters, not employ                   5,665



Sub-Industries – 2009 Estimated Number of Employees

                                                               Total
                     Sub-Industries                        Employment
            Insurance claim adjusters, not employ                56,424




  © 2010 Barnes Reports: U.S. Claims Adjusting Industry                     5
                          Claims Adjusting Industry
                               (NAICS 524291)

5-Year Trend – Estimated Industry Sales ($Millions)

                                         Employee Size of Establishment                                    Total
  Year      1-4        5-9       10-19     20-49     50-99     100-249 250-499 500-999 >1000       Un-     Industry
            Emps.      Emps.     Emps.     Emps.     Emps.     Emps. Emps. Emps. Emps.             known Sales
                                                                                                   Emps.
  2007          546       393       494       693       528        640     480    344     523          297      4,938
  2008          577       416       523       733       558        677     508    364     553          312      5,221
  2009          543       391       492       690       526        637     478    342     521          298      4,918
  2010          557       401       504       707       539        653     490    351     534          299      5,035
  2011          568       409       515       721       550        666     500    358     545          309      5,141


5-Year Trend – Estimated Number of Establishments

                                         Employee Size of Establishment                                    Total
  Year      1-4        5-9       10-19     20-49     50-99     100-249 250-499 500-999 >1000       Un-     Establish-
            Emps.      Emps.     Emps.     Emps.     Emps.     Emps. Emps. Emps. Emps.             known ments
                                                                                                   Emps.
  2007         3,898      786       412       231        66         40      12       4         3       100      5,551
  2008         4,043      815       427       240        68         41      12       4         3       104      5,757
  2009         3,978      802       420       236        67         41      12       4         3       102      5,666
  2010         4,064      820       430       241        69         42      13       4         3       104      5,786
  2011         4,095      826       433       243        69         42      13       4         3       105      5,831


5-Year Trend – Estimated Number of Employees

                                         Employee Size of Establishment                                    Total
  Year      1-4        5-9       10-19     20-49     50-99     100-249 250-499 500-999 >1000       Un-      Employ-
            Emps.      Emps.     Emps.     Emps.     Emps.     Emps. Emps. Emps. Emps.             known ment
                                                                                                   Emps.
  2007       11,694      4,716     5,768     7,392     4,026     5,320   3,660   2,424   3,891        6,336    55,227
  2008       12,130      4,892     5,983     7,668     4,176     5,518   3,797   2,514   4,036        6,528    57,243
  2009       11,934      4,813     5,887     7,544     4,109     5,429   3,735   2,474   3,971        6,528    56,424
  2010       12,192      4,917     6,014     7,707     4,198     5,547   3,816   2,527   4,057        6,528    57,503
  2011       12,285      4,954     6,059     7,766     4,229     5,589   3,845   2,546   4,088        6,656    58,017




  © 2010 Barnes Reports: U.S. Claims Adjusting Industry                                                            6
                            Claims Adjusting Industry
                                 (NAICS 524291)

                U.S. States – Estimated Number of Establishments
                                    Year: 2010

                                          Employee Size of Establishment                                         Total
Area Name 1-4            5-9      10-19    20-49       50-99       100-249 250-499 500-999 >1000       Un-     Estab-lish-
                Emps.    Emps.    Emps.    Emps.       Emps.       Emps. Emps. Emps. Emps.             known ments
                                                                                                       Emps.
U.S. Total        4064      820      430       241         69           42      13      4          3       104      5786
Alabama             54       18        5         1          0            1       0      0          1         1         81
Alaska              17        1        1         1          0            0       0      0          0         0         20
Arizona             87        6        3         5          1            0       0      0          0         2        104
Arkansas            40        7        5         1          1            0       0      0          0         1         55
California         293       81       47        40          8            8       1      0          0         9        488
Colorado            73       14        3         4          0            2       0      0          0         2         98
Connecticut         36       14        6         2          1            1       0      0          1         1         63
Delaware            16        3        0         0          1            0       0      0          0         0         20
District of
Columbia             1        0        0         0             0         0       0      0          0         0                 1
Florida            471       67       42        17             7         4       0      0          0        11               619
Georgia            154       23       16         9             3         1       0      2          0         4               213
Hawaii              11        3        3         0             1         0       0      0          0         0       
								
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