Iowa takes top insurance spot
November 30, 2021 by O. Kay Henderson
More than 180 insurance companies are now headquartered in Iowa — and Iowa Economic Development Authority director Debi Durham says no other state gets a higher percentage of its Gross Domestic Product from the insurance and finance industry.
“I have to say this is bragging rights for the state of Iowa. We took over the number one place in the nation ranking as far as GDP growth for insurance,” Durham says. “It used to be Delaware, Connecticut, then Iowa, but we were kind of far behind Connecticut and then Nebraska and so we took that number one space.”