524291 — Claims Adjusting
Description
This U.S. industry comprises establishments primarily engaged in investigating, appraising, and settling insurance claims.
Overview Facts
| NAICS Code | 524291 |
|---|---|
| Industry Title | Claims Adjusting |
| SBA Size Standard | $25,000,000 |
| U.S. Establishments | 4,934 (Census CBP, 2023) |
| IRS PBA Code | 524290 (rolled-up match) |
| Sectors Hierarchy | Sector 52 → 524 → 5242 |
| Source / Verified | US Census 2022 NAICS Manual, Census CBP / 2026-06-28 |
Legacy SIC Concordance
Trace the historical mapping chain from the 1987 Standard Industrial Classification (SIC) to the modern 2022 NAICS code format.
- SIC 6411 - Insurance Agents, Brokers, and Service (via SIC1987:6411→NAICS1997:524291→2002:524291→2007:524291→2012:524291→2017:524291→2022:524291)
Suggested Product Service Codes (Advisory)
The following Product Service Codes (PSCs) are advisory suggestions aligned with this NAICS code. Note: NAICS and PSC codes map to different dimensions of procurement (industry vs. product/service). There is no official binding 1:1 crosswalk.
- PSC G009 — Non-Government Insurance Programs
Source: DoD DPCAP PSC Selection Tool (Ingested: 2026-06-29)
Related Resources & Compliance Guides
Further regulatory reference links for NAICS code 524291:
- Sector 52 Directory Hub — List of related industries in the Finance and Insurance sector.
- SIC ↔ NAICS Crosswalk Tool — Look up mappings between legacy SIC codes and modern classifications.
- SBA Size Standards Guide — Complete rules and averaging periods for small business classifications.
- Calculating Annual Receipts Guide — Detailed worked example of revenue calculation rules.
- IRS Principal Business Activity Guide — How NAICS codes map to corporate and entity tax filings.
Related Industries in 5242
Frequently Asked Questions (FAQ)
Is 524291 a valid 2022 NAICS code?
NAICS 524291 is 'Claims Adjusting', a 2022 U.S. national industry under Sector 52 (Finance and Insurance); the SBA small-business size standard is $25,000,000.
What is the SBA size standard for NAICS 524291?
The SBA small business size standard for NAICS 524291 is $25,000,000 (based on receipts).
What is the legacy SIC code mapping for 524291?
NAICS code 524291 maps to the legacy 1987 SIC codes: 6411 - Insurance Agents, Brokers, and Service.