NHID reports $162.9 million in premium taxes, $3.35 million recovered for consumers and nearly 257,000 active insurance licenses during fiscal 2026.
CONCORD, N.H. — The New Hampshire Insurance Department collected $189.2 million for the state’s General Fund during fiscal year 2026, including $162.9 million in insurance premium taxes, while recovering more than $3.3 million for consumers through its Consumer Services Unit.
The Department’s annual results also show that 1,248 insurance companies are authorized to conduct business in New Hampshire and that 256,797 active licenses are held across individual and business entity license classes as of July 1, 2026.
Of the $162.9 million collected through premium taxes, admitted insurers accounted for $154.4 million and nonadmitted insurers contributed $8.5 million.
Another $26.3 million came from fees and fines, including $19.5 million generated by producer licensing and $4.9 million from adjuster licensing. Other fees and fines totaled $1.9 million.
P&C Claims Account For $1.72 Million In Consumer Recoveries
The Department’s Consumer Services Unit recovered $3,347,135 for New Hampshire consumers during the fiscal year.
Property & Casualty claims accounted for $1,721,193 of those recoveries, while Life & Health claims accounted for $1,625,942.
The unit also processed 1,663 consumer complaint investigations, handled 5,175 assistance requests and reviewed 187 applications for external health review.
“The Consumer Services Unit works every day to help Granite Staters understand their coverage, resolve disputes, and receive the benefits available under their policies,” Consumer Services Director Robin Tierney said. “The significant amount recovered for consumers reflects the dedication of the Department’s staff and its commitment to ensuring that consumers are treated fairly.”
1,248 Insurers Authorized In New Hampshire
New Hampshire had 1,248 active insurance companies authorized to conduct business in the state, according to the Department.
That total included 58 domestic companies and 1,190 foreign companies.
Property & Casualty companies accounted for 483 of the authorized insurers, while another 342 companies were authorized to conduct both Property & Casualty and Accident & Health business.
The Department’s Enforcement Division, meanwhile, opened 373 new investigations during fiscal 2026, took 31 administrative actions and assessed $345,250 in fines.
Producer And Adjuster Licensing Continues To Grow
As of July 1, New Hampshire had 129,532 active insurance producer licenses and 118,500 active adjuster licenses.
During fiscal 2026, the Department added 5,021 producer licenses and 1,652 adjuster licenses.
Across all individual and business entity license classes, the Department reported 256,797 active licenses.
“The continued growth in licensing demonstrates the strength and reach of New Hampshire’s insurance marketplace,” said Cheryl Moses, Licensing Division Manager. “By administering these licenses efficiently, the Department helps ensure that qualified insurance professionals are available to serve consumers and support a healthy, competitive market.”
Department Expands Healthcare Cost Analysis
The Department’s fiscal-year report also highlighted work by its Data Analytics Division to improve healthcare cost transparency.
For the May 2026 Commissioner’s Health Policy Forum, the Division improved its Total Healthcare Expenditure Model, incorporating direct healthcare expenditure measures covering more than 90% of New Hampshire’s population.
The Division also published a healthcare data chartbook examining the New Hampshire healthcare dollar and commercial insurer utilization and cost measures involving GLP-1 and GIP medications, primary care office visits, and behavioral health and substance use disorder therapies.
At the Department’s October 2025 Annual Hearing on Healthcare Premium and Claim Cost Drivers, the Division presented a point-counterpoint discussion of GLP-1 receptor agonist therapies as an emerging healthcare cost driver and public health policy issue.
Insurance Commissioner D.J. Bettencourt said the fiscal 2026 results reflected the Department’s work in financial stewardship, insurance regulation and consumer protection.
“The Department’s Fiscal Year 2026 results reflect its commitment to responsible financial stewardship, effective regulation, and strong consumer protection,” Bettencourt said. “Through the work of its divisions, the NHID continues to protect Granite Staters and support a safe and competitive insurance marketplace.”
