West Virginia Insurance (WV)

In 1991, one life insurance company, three property and casualty insurance companies, and 11 farmers mutual fire insurance companies were domiciled in West Virginia. As of 2000, there were four property and casualty and two life and health insurance companies incorporated or organized in the state. In 2001, property and casualty insurers wrote over $1.8 billion in premiums. That year, there were 19,091 flood insurance policies in force in the state, at a total value of $1.4 million.

In 2001, there were 1.1 million ordinary life insurance policies in force with a total value of $39.5 billion; total value for all categories of life insurance (ordinary, group, industrial, and credit) was $69.4 billion. Death benefits paid that year totaled $264.5 million.