Premiums written in the United States increased to $1.4 trillion in 2006, with five states accounting for 37 percent of all insurance premiums, according to a survey by the National Association of Insurance Commissioners.
The Kansas City, Mo.-based NAIC last week released its annual "Insurance Department Resources Report," which the association said aims to help insurance departments manage their individual resources by comparing themselves to other states.
On a year-to-year basis, the report found premiums for all lines of business, life and property-casualty combined, increased by 9 percent to $1.4 trillion from 2005 to 2006.
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