Insuring a passion: insurers and agents, like McKeel Hagerty, say '60s and '70s muscle cars are fueling sales.[ILLUSTRATION OMITTED] McKeel Hagerty Hagerty refers to:
v. A past participle of bite. bitten Verb the past participle of bite by the car-collecting bug. Sure, he was only 15, and his life's savings at the time was just $500. The 1967 Porsche
Dr. Ing. h.c. F. Porsche AG, often shortened to Porsche AG, or just Porsche, is a German manufacturer of automobiles. wasn't was·n't Contraction of was not. wasn't was not wasn't be drivable at all back then, looking more like it belonged in a junkyard than in a classic car show. Hagerty and his father spent hours together working to restore that car, which Hagerty still enjoys driving today--after having it restored a second time by a professional team. "It's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have still one of my babies," Hagerty said. "It's one of eight to 10 different cars I enjoy driving. I also get to enjoy the half-million cars that other people enjoy and insure Insure can mean:
Hagerty is the chief executive officer of Hagerty Insurance Agency, a Traverse City Traverse City, city (1990 pop. 15,155), seat of Grand Traverse co., N Mich., at the head of the West Arm of Grand Traverse Bay, in a resort and cherry-growing region; inc. 1881. , Mich., agency that specializes in insuring antique antique. The term has been used collectively to designate classical Greek and Roman works of art, particularly sculptures; as an adjective to indicate an object, a period, or a style of ancient or early times; and as a noun, for objects of art, furniture, rugs, and collectible collectible An asset of limited supply that is sought for a variety of reasons including, it is hoped, an increase in value. Stamps, antiques, coins, and works of art are among the many things usually classified as collectibles. cars and boats. It seems Hagerty is far from alone. Americans love collecting cars. Hagerty estimates there are 3 million to 4 million collector One side of a bipolar transistor. When the base is pulsed, current flows from the emitter to the collector, or vice versa depending on the design. See drain. cars in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , maybe half of all the collectible cars in the world. "There are over 10,000 organized car shows in the United States every summer, and that is probably only scratching scratching 1. the common motor response to pruritus in dogs and cats. It frequently causes more severe injury and secondary infection to the skin. 2. withdrawing a horse or Greyhound from a race after it has finally accepted. 3. the surface," Hagerty said. "That doesn't does·n't Contraction of does not. count the 10 guys who meet in their local McDonald's McDonald’s fast-food restaurant chain throughout the world; recognized by golden arches. [Am. Culture: Misc.] See : Ubiquity parking lot. This is not a uniquely American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of hobby A hobby is a spare-time recreational pursuit. Origin of term A hobby-horse was a wooden or wickerwork toy made to be ridden just like the real hobby. From this came the expression "to ride one's hobby-horse", meaning "to follow a favourite pastime", and in turn, , but is a passion in the U.S." Niche Market A niche market also known as a target market is a focused, targetable portion (subset) of a market sector. By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. Expands The terms "classic" and "antique" generally refer to cars that are 19 to 25 years old or older. Collectible cars can include modified cars The term modified car is given to any vehicle that has been upgraded with aftermarket parts and components in order to change or enhance its properties, be it from a styling, audio or performance stand point. and exotic exotic not native, not indigenous. brand new cars, such as Ferraris Ferraris is an Italian surname:
Insuring classic or collectible cars is a profitable niche market--one that gets bigger every year, those in the business said. "It's a growing market, there's no question about that," said Dan Yagodnik Yagodnik, Arkhangelsk Oblast, north west Russia, was the site of a World War II airfield. It's located near Arkhangelsk, on the Northern Dvina river, 9 kilometres from the sea at Dvina Bay. , who started the Classic Automobile automobile, self-propelled vehicle used for travel on land. The term is commonly applied to a four-wheeled vehicle designed to carry two to six passengers and a limited amount of cargo, as contrasted with a truck, which is designed primarily for the transportation of Insurance Agency Inc. in Indianapolis Indianapolis (ĭn'dēənă`pəlĭs), city (1990 pop. 731,327), state capital and seat of Marion co., central Ind., on the White River; selected 1820 as the site of the state capital (which was moved there in 1825), inc. 1847. in 1992. "How much is it growing? That's the $64,000 question. People have been trying to identify how big this market is for the 14 or 15 years I've I've Contraction of I have. I've I have I've have been in the business. Maybe it's $3 billion in premiums?" The market continues to grow for two reasons, said Bob Dompierre ''' Surname (Canada) ''' Dompierre is a Canadian-origin surname born from early French-Canadian settlers in the Quebec North Shore area. Geography - Switzerland
"It's growing because of the nature of old cars. When the next wave of new cars is added to the market, it really doesn't diminish the interest in the other old cars out there," Dompierre said. The market also grows because every generation falls in love with the cars of their youth. Baby boomers See generation X. with extra cash are looking to purchase the dream cars of their teenage years: muscle cars built from the late 1960s to the 1970s--Corvettes, Camaros, GTOs. Cars loaded with horsepower horsepower, unit of power in the English system of units. It is equal to 33,000 foot-pounds per minute or 550 foot-pounds per second or approximately 746 watts. and panache. Years ago, it was fairly easy to identify an antique car An antique car is generally defined as a car over 25 years of age, this being the definition used by the Antique Automobile Club of America and many other organizations worldwide. However, the legal definition for the purpose of antique vehicle registration varies widely. . "A 25-year-old car in 1950 looked like an old car," Hagerty said. "But saying a 25-year-old car is a classic car doesn't really work anymore," Hagerty said. Sleeping Beauties Sleeping Beauty sleeps for 100 years. [Fr. Fairy Tale, The Sleeping Beauty] See : Enchantment Sleeping Beauty enchanted heroine awakened from century of slumber by prince’s kiss. "We're we're Contraction of we are. we're we are seeing a lot of cars from the 1970s now that most people would not have considered a good investment years ago," Dompierre said. "Like your 1973 AMC Hornet The AMC Hornet is a compact automobile made by the American Motors Corporation (AMC) beginning with the 1970 model year and continuing through the 1977 model year. The Hornet replaced the compact Rambler American marking the end of the Rambler marque in the American and . It's not what you'd you'd 1. Contraction of you had. 2. Contraction of you would. you'd you had or you would you'd have ~would consider a status vehicle, but there was some fondness that we all attached to driving them. If you went to any kind of antique or old-car cruising Cruising may mean:
adj. Inspiring affection or warm sympathy: the endearing charm of a little child. en·dear .'" While there is still value to antique cars, the market for them has softened soft·en v. soft·ened, soft·en·ing, soft·ens v.tr. 1. To make soft or softer. 2. To undermine or reduce the strength, morale, or resistance of. 3. . "The most popular cars are the muscle cars of the late '60s and '70s," Yagodnik said. "A 1930 Model A Ford is a beautiful car, but no one wants one. It's not worth as much today because the population group that really loved that car is no longer around." [ILLUSTRATION OMITTED] In addition to muscle cars, collectible cars come in many other flavors Flavors - Lisp with object-oriented features by D. Weinreb and D.A. Moon <moon@cambridge.apple.com>, 1980. ["Object-Oriented Programming with Flavors", D.A. Moon, SIGPLAN Notices 21(11):1-8 (OOPSLA '86) (Nov 1986)]. . There are hot rods hot rod Automobile rebuilt or modified for high speed, fast acceleration, or sporty appearance. A wide range of automobiles may be called hot rods, including some of those used in drag racing as well as those used in recreational cruising. , a generic Generic Describes the characteristics and/or experience of the total universe of a coupon of MBS sector type; that is, in contrast to a specific pool or collateral group, as in a specific CMO issue. term for an inexpensive car modified mod·i·fy v. mod·i·fied, mod·i·fy·ing, mod·i·fies v.tr. 1. To change in form or character; alter. 2. for speed; low riders, which started on the West Coast and refers to cars, often from the 1960s and 1970s, modified with hydraulic or air suspension Air suspension is a type of vehicle suspension powered by an engine driven or electric air pump or compressor. This pump pressurizes the air, using compressed air as a spring. Air suspension replaces conventional steel springs. systems so they can be lowered and even bounce 1. bounce - (Perhaps by analogy to a bouncing check) An electronic mail message that is undeliverable and returns an error notification (a "bounce message") to the sender is said to "bounce". 2. bounce - To play volleyball. The now-demolished D. C. ; and kit cars, which are often fiberglass fiberglass, thread made from glass. It is made by forcing molten glass through a kind of sieve, thereby spinning it into threads. Fiberglass is strong, durable, and impervious to many caustics and to extreme temperatures. replicas of expensive cars that can be built from a kit fitted to the frame of an existing vehicle. New companies, such as Panoz
Panoz Auto Development is a manufacturer of high-performance automobiles founded in 1989 by Danny Panoz, son of pharmaceutical and motorsport mogul Don Panoz. Auto (AUTOmatic) Refers to a wide variety of devices that perform unattended operations. , produce their own original car designs. "There are $100,000 exotic cars, a burgeoning market for people who have nothing else to do with their money or don't don't 1. Contraction of do not. 2. Nonstandard Contraction of does not. n. A statement of what should not be done: a list of the dos and don'ts. like the stock market," said Yagodnik. "For so many years, kit cars were replicas of a collector car that exists, but now they are just making their own--very exotic and very cool-looking. We insure a number of them. It gives us more cars to insure." Other collectible cars include new or classic Alfa Romeos Alfa Romeo is an Italian automobile manufacturer founded in 1910. Alfa Romeo has been a part of the Fiat Group since 1986. The company was originally known as A.L.F.A. , Porsches and Lamborghinis. Underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. vs. Pricing The difference between underwriting collectible cars and traditional automobiles No invention has so transformed the landscape of the United States as the automobile, and no other country has so thoroughly adopted the automobile as its favorite means of transportation. is that the collectible vehicles are viewed more as art and less like tools. Owners spend hours rebuilding, polishing polishing, n the process of making a surface smooth and glossy or giving luster to a surface, usually by friction. polishing brush, n See brush, polishing. and buffing buffing striking the posteromedial aspect of a front hoof with the opposite hoof of the pair. A perfect situation for applying a buffing boot. buffing boot see brush boot. their collectible cars. For instance, some low riders have artistic etching etching, the art of engraving with acid on metal; also the print taken from the metal plate so engraved. In hard-ground etching the plate, usually of copper or zinc, is given a thin coating or ground of acid-resistant resin. (done with jewelers' tools) on the motors that can only be viewed when they are on display. "They are really staggering works of art," Hagerty said. Insuring these risks is quite different, too. For starters, the owners of these collectible cars do not want to be treated like standard car owners, who see the value of their new vehicles plummet the da), they drive them off the dealer's lot. That's what happens with traditional car insurance when cars are insured The person who obtains or is otherwise covered by insurance on his or her health, life, or property. The insured in a policy is not limited to the insured named in the policy but applies to anyone who is insured under the policy. insured n. for the "actual cash value." "We insure to agreed value, not actual cash value, which recognizes that these cars appreciate in value, not depreciate depreciate v. in accounting, to reduce the value of an asset each year theoretically on the basis that the assets (such as equipment, vehicles or structures) will eventually become obsolete, worn out and of little value. (See: depreciation) ," Hagerty said. "If you have a total loss, you receive the full value of the car. There is no adjustment to the price." The car's value is based on its value as a collectible, not what would be typical for a regular used car. For example, a standard insurance policy may put a value of $2,000 on a 1957 Pontiac Pontiac, Ottawa chief Pontiac, fl. 1760–66, Ottawa chief. He may have been the chief met by Robert Rogers in 1760 when Rogers was on his way to take possession of the Western forts for the English. , whereas the collectible value of the car would be $40,000 to $ 50,000, Yagodnik said. Because collectible cars are not driven every day, they are viewed as less risky than regular cars and their policies are less expensive, Hagerty said. "Virtually all classic car programs are the same," he said. "You are required to have a regular car for each driver in the house, and they are insured someplace some·place adv. & n. Somewhere: "I didn't care where I was from so long as it was someplace else" Garrison Keillor. See Usage Note at everyplace. else. This is excess transportation--fun cars to drive. We have a conversation with every customer to make sure that this is not the main car. If the car is used daily, or even if it is used for backup transportation, in most cases, we would not take them. It's more of an underwritten program than a price-driven program. It's black and white--either you are in or you are out." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Yagodnik, "It's generally a third of what you'd normally pay a typical carrier for these cars, if they'd they'd 1. Contraction of they had. 2. Contraction of they would. they'd have ~would even insure them." For instance, he said a 1967 Mustang mustang [Sp. mesteño=a stray], small feral horse of the W United States. Mustangs are descended from escaped Native American horses, which in turn were descended from horses of North African blood, brought to the New World by the Spanish c.1500. valued at $10,000 might have an annual premium of $100. "Because the cars are limited to pleasure driving, not used for daily commutes to work, the risk is much less," he said. Most collectible car insurance requires that the vehicle be kept in a locked garage between jaunts. Yagodnik also said his agency doesn't use credit reports at all. The main source of underwriting are the current declaration pages from the drivers' everyday cars. "We can tell whether they are good drivers or not from that," Yagodnik said. "We might run a motor vehicle report on one out of every eight or nine applications. And we never run a credit report. We've we've Contraction of we have. we've have always assumed if you can afford the toys, your credit must be fairly good" Service is an important component in reaching this market and many programs include roadside assistance coverage. "One of the problems with older cars is they do break down," Hagerty said. "Claims are infrequent in·fre·quent adj. 1. Not occurring regularly; occasional or rare: an infrequent guest. 2. . They are six times more likely to break down than to have a claim." However, when it comes to claims, collectible car owners want coverage for parts that are appropriate for their vehicles. Under an agreed-value policy, the car owner is more likely to get a claims representative who understands that parts may have to be fabricated fab·ri·cate tr.v. fab·ri·cat·ed, fab·ri·cat·ing, fab·ri·cates 1. To make; create. 2. To construct by combining or assembling diverse, typically standardized parts: or cost more than for the average car on the road today. Hagerty said his 400 employees are all trained about classic and collectible cars. "That's why we don't sell regular car insurance," Hagerty said. "We aren't aren't Contraction of are not. See Usage Note at ain't. aren't are not aren't be in that business. Car guys--and that's a generic terra--are very passionate about what they own. They often treat these things "These Things" is an EP by She Wants Revenge, released in 2005 by Perfect Kiss, a subsidiary of Geffen Records. Music Video The music video stars Shirley Manson, lead singer of the band Garbage. Track Listing 1. "These Things [Radio Edit]" - 3:17 2. like a fine piece of furniture or a family member." Hagerty said his firm insures more than 1.5 million cars, with premium volume of more than $100 million. Cars ranging in value from $5,000 to $10,000 could be insured for $100 to $125 in annual premiums, Hagerty said. The most valuable car on Hagerty's books might be worth 910 million to 915 million. Hagerty also will insure collections; its most expensive one is valued at more than $100 million. "Most are under $100,000 in value," Hagerty said. "Contrary to what people say, it's not a rich man's sport. The foundations (of the hobby) are what you like to do after dinner in the garage, not paying someone else to restore your Rolls-Royce Rolls-Royce is a British brand, it may refer to:
Yagodnik also insures collections, but said, "We have a lot more '67 Mustangs than we do large collections." There's still room for growth in the market, Yagodnik said. "Most of these cars are insured, but they are insured with a standard carrier" he said. "A lot of them are uninsured. If they sit in a garage forever and no one drives them, people tend not to insure them. People think that because it's in the garage, their homeowners policy will cover it, which is not the case. It will cover your tools, but not your automobile. We just need to continue to educate people about the product." At Issue: Collectible cars are a growing market for insurers and agents. * The Situation: Baby boomers' desire to own the dream cars of their teenage years is fueling an increase in demand and value of muscle cars. * The Payoff: Insurers are able to offer greater coverage for collectible cars at lower premium prices. Most Popular Collectible Cars Today: 1. Chevrolet Chevrolet (IPA: /ˌʃɛvroʊˈleɪ/ - French origin), (colloquially Chevy) , is a brand of automobile, produced by General Motors (GM). Corvette corvette, small warship, classed between a frigate and a sloop-of-war. Corvettes usually were flush-decked and carried fewer than 28 guns. They were widely employed in escorting convoys and attacking merchant ships during the great naval wars of the late 18th and [ILLUSTRATION OMITTED] 2. Ford Mustang For other Ford Mustang models and concepts, see . The Ford Mustang is an automobile produced by the Ford Motor Company, originally based on the Ford Falcon compact.[1] [ILLUSTRATION OMITTED] 3. Chevrolet Camaro [ILLUSTRATION OMITTED] 4. Chevrolet Chevelle The Chevrolet Chevelle pronounced "shevell" is a mid-sized automobile from Chevrolet debuting in 1964. It was produced from 1964 through 1977 and was one of General Motors' most successful cars. Chevelle models ranged from economical family cars to powerful coupes and convertibles. [ILLUSTRATION OMITTED] 5. Ford Thunderbird The Ford Thunderbird was a car manufactured in the United States by the Ford Motor Company. It entered production for the 1955 Ford Thunderbird model year as a two-seater sporty car but, unlike the similar Chevrolet Corvette, the Thunderbird was never sold as a full-blown sports [ILLUSTRATION OMITTED] Most Likely to Become Collectibles: 1. Toyota FJ Cruiser The Toyota FJ Cruiser (FJC) is a retro-style compact SUV produced by Toyota introduced as a concept at the 2003 Chicago Auto Show and in production form at the following North American International Auto Show. 2. Mini Cooper Cooper may refer to:
3. Lotus Elise The Lotus Elise is a roadster conceived in early 1994 and released in September 1996 by the English manufacturer Lotus Cars. The car has a hand-finished fiberglass body shell atop its aluminium extrusion and bonded frame that provides a rigid platform for the suspension, while 4. Dodge Viper The Dodge Viper is a V10-powered sportscar manufactured by the Dodge division of Chrysler Corporation. Production of the two seat supercar began at New Mack Assembly in 1992 and moved to its current home at Conner Avenue Assembly in October 1995. 5. Acura NSX NSX New Sportscar eXperimental (concept name for Acura vehicle; originally NS-X) NSX Namespace Extension (Windows Shell Programming) NSX N Syndrome NSX Network and Security Experts NSX New Sports Experimental 6. Toyota Toyota (toi-ō`tə, Jap. tōyō`tä), city (1990 pop. 332,336), Aichi prefecture, central Honshu, Japan. It is a major industrial center dominated by the Toyota Motor Company, which produces passenger vehicles and auto parts there. Scion sci·on n. 1. A descendant or heir. 2. also ci·on A detached shoot or twig containing buds from a woody plant, used in grafting. 7. Audi TT The Audi TT is a sports car produced by Audi since 1998 in Győr, Hungary. Concept and name The TT was first shown as a concept car at the 1995 Frankfurt Motor Show. 8. Jaguar XK The Jaguar XK series (XK8 and XKR) is a grand tourer produced by British carmaker Jaguar since the 1997 model year. It is the replacement of the XJS, and is available as a coupé and convertible. 9. Chrysler Chrys·ler , Walter Percy 1875-1940. American automobile manufacturer who founded the Chrysler Corporation (1925). 300 10. Mercedes Mercedes (mĕrsā`thēs), city (1996 pop. 39,139), capital of Soriano dept., SW Uruguay, a port on the Río Negro. An agricultural and livestock center, the city has a shipyard and several fine beaches and resorts. Smart Car Source: Hagerty Insurance Co. Collectible Car Insurance Contacts For agents interested collectible car insurance to their portfolios, here's a sampling of resources: Hagerty Insurance www.hagertyagent.com Classic Car Insurance www.classicins.com J.C. Taylor Taylor, city (1990 pop. 70,811), Wayne co., SE Mich., a suburb of Detroit adjacent to Dearborn; founded 1847 as a township, inc. as a city 1968. A small rural village until World War II, it developed significantly in the second half of the 20th cent. Agency www.jctaylor.com Heacock Classic www.heacockclassic.com Northeast “Northeastern” redirects here. For the Boston college, see Northeastern University, Boston. Northeast or north east is the ordinal direction halfway between north and east. It is the opposite of southwest. See boxing the compass. Classic Auto Insurance www.classiccarinsurance.com American Hobbyist hob·by 1 n. pl. hob·bies An activity or interest pursued outside one's regular occupation and engaged in primarily for pleasure. Insurance www.americanhobbyist.com Grundy Grundy may refer to: Places:
[ILLUSTRATION OMITTED] Three Types Of Car Insurance Actual Cash Value: Most common form of coverage, Insurers base the claim on used-car Noun 1. used-car - a car that has been previously owned; not a new car secondhand car auto, automobile, car, motorcar, machine - a motor vehicle with four wheels; usually propelled by an internal combustion engine; "he needs a car to get to work" prices, not on the value of the car in the collector car market. Stated Value Stated Value A value that, instead of being par value, is assigned to a corporation's stock for accounting purposes. Stated value has no relation to market price. Notes: : Used by many regular car insurers for collector cars. Insurers use a predetermined pre·de·ter·mine v. pre·de·ter·mined, pre·de·ter·min·ing, pre·de·ter·mines v.tr. 1. To determine, decide, or establish in advance: amount for the car's value as a starting point Noun 1. starting point - earliest limiting point terminus a quo commencement, get-go, offset, outset, showtime, starting time, beginning, start, kickoff, first - the time at which something is supposed to begin; "they got an early start"; "she knew from the in determining the loss. That value can be depreciated Depreciated may refer to:
Agreed Value: Policyholder Policyholder An individual who owns an insurance policy. and the insurer An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual. An insurer is frequently an insurance company and is also known as an underwriter. agree on the amount for which the car is insured, and premiums are based on that value. In the event of a total loss, the policyholder receives the full amount for which the car was insured. Source: Hagerty Insurance Agency
Costly Repairs
Parts necessary to repair classic
cars can cost more than everyday
car parts. The prices for windshields,
below, can range from
a couple of hundred dollars to a
mortgage payment, which is why
classic car owners prefer to insure
their cars for agreed value instead
of cash value.
Year Make & Model Price
1947 Studebaker Champion $250
1948 Hudson Brougham $400
1953 Cadillac Eldorado $299
1956 Mercedes-Benz Gullwing $1,988
1957 Chevrolet Bel Air hardtop $199
1958 Ford Thunderbird $850
1959 MG MGA Roadster $334
1960 Alfa Romeo Giulietta SS $790
1962 Porsche 356B $490
1963 Apollo GT $1,100
1967 Bizzarrini Strada $1,400
1968 Iso Grifo $1,200
1969 Chevrolet Camaro $245
1971 Dino 246 $1,679
1972 BMW 2002 $325
1975 Lamborghini Countach $1,220
Source: Hagerty Insurance Agency
Top 25 U.S. Commercial Auto Writers
Ranked by 2006 direct premiums written.
($ Thousands)
2006 Direct %
Premiums Change in
Rank Company/Group AMB # Written Premiums
1 Travelers Ins Cos 18674 $2,042,056 -2.5
2 Progressive Ins Group 00780 1,980,784 3.3
3 Zurich Finl Svcs NA Group 18549 1,746,135 1.7
4 Liberty Mutual Ins Cos 00060 1,296,106 4.7
5 Amer Intl Group, Inc 18540 1,272,207 -8.7
6 State Farm Group 00088 1,199,019 8.2
7 Nationwide Group 05987 1,164,411 13.3
8 Old Republic General Ins
Group 00734 792,756 2.1
9 CNA Ins Cos 18313 779,043 -7.0
10 Hartford Ins Group 00048 716,107 -5.1
11 Auto-Owners Ins Group 04354 699,804 -1.8
12 Kingsway America Group 18442 660,984 6.5
13 W.R. Berkley Group 04655 643,846 3.8
14 Allstate Ins Group 00008 591,649 -5.5
15 Great Amer P&C Ins Group 04835 450,249 14.2
16 Safeco Ins Cos 00078 449,725 6.9
17 Cincinnati Ins Cos 04294 448,190 0.0
18 IAT Ins Group 18567 398,354 -10.4
19 Canal Group 03930 384,712 -7.1
20 HDI US Group 18492 377,541 -2.0
21 Sentry Ins Group 00086 372,694 -0.8
22 Ace INA Group 18498 356,363 -0.5
23 Berkshire Hathaway Ins 00811 327,078 -10.6
24 Erie Ins Group 04283 322,173 -2.5
25 Selective Ins Group 03926 312,893 1.1
Top 25 Companies $19,784,877 0.5
Total U.S. P/C Industry $29,833,800 -0.1
Market Share (%)
Rank Company/Group 2006 2005 2004
1 Travelers Ins Cos 6.8 7.0 8.7
2 Progressive Ins Group 6.6 6.4 5.9
3 Zurich Finl Svcs NA Group 5.9 5.7 6.0
4 Liberty Mutual Ins Cos 4.3 4.1 4.1
5 Amer Intl Group, Inc 4.3 4.7 4.4
6 State Farm Group 4.0 3.7 3.4
7 Nationwide Group 3.9 3.4 2.9
8 Old Republic General Ins
Group 2.7 2.6 2.3
9 CNA Ins Cos 2.6 2.8 2.7
10 Hartford Ins Group 2.4 2.5 2.5
11 Auto-Owners Ins Group 2.3 2.4 2.4
12 Kingsway America Group 2.2 2.1 2.1
13 W.R. Berkley Group 2.2 2.1 1.9
14 Allstate Ins Group 2.0 2.1 2.1
15 Great Amer P&C Ins Group 1.5 1.3 1.2
16 Safeco Ins Cos 1.5 1.4 1.3
17 Cincinnati Ins Cos 1.5 1.5 1.5
18 IAT Ins Group 1.3 1.5 1.6
19 Canal Group 1.3 1.4 1.4
20 HDI US Group 1.3 1.3 1.3
21 Sentry Ins Group 1.2 1.3 1.3
22 Ace INA Group 1.2 1.2 1.2
23 Berkshire Hathaway Ins 1.1 1.2 1.5
24 Erie Ins Group 1.1 1.1 1.1
25 Selective Ins Group 1.0 1.0 1.0
Top 25 Companies 66.3 65.9 65.9
Total U.S. P/C Industry 100.0 100.0 100.0
Adjusted Loss Ratio % of
Company
Rank Company/Group 2006 2005 2004 Premiums
1 Travelers Ins Cos 43.4 45.3 57.1 9.4
2 Progressive Ins Group 52.8 53.4 50.8 13.8
3 Zurich Finl Svcs NA Group 56.5 55.6 47.7 13.4
4 Liberty Mutual Ins Cos 49.4 47.1 62.8 7.3
5 Amer Intl Group, Inc 47.8 62.8 55.7 4.0
6 State Farm Group 56.9 60.1 55.9 2.5
7 Nationwide Group 57.7 52.5 51.3 7.3
8 Old Republic General Ins
Group 63.5 60.8 56.1 28.7
9 CNA Ins Cos 58.5 61.5 47.7 8.5
10 Hartford Ins Group 58.3 49.3 47.3 6.1
11 Auto-Owners Ins Group 54.8 53.3 50.8 15.5
12 Kingsway America Group 63.5 66.0 63.5 53.0
13 W.R. Berkley Group 49.5 61.2 49.7 16.2
14 Allstate Ins Group 45.5 50.5 55.9 2.1
15 Great Amer P&C Ins Group 45.1 48.2 56.2 12.2
16 Safeco Ins Cos 50.1 39.8 32.8 7.9
17 Cincinnati Ins Cos 53.6 51.5 43.0 13.5
18 IAT Ins Group 60.5 69.6 61.0 65.0
19 Canal Group 71.3 68.3 60.8 78.7
20 HDI US Group 46.2 35.2 92.1 20.9
21 Sentry Ins Group 69.3 53.3 62.1 17.9
22 Ace INA Group 26.4 57.1 46.5 4.7
23 Berkshire Hathaway Ins 32.3 35.2 46.3 2.2
24 Erie Ins Group 50.6 55.0 60.4 8.5
25 Selective Ins Group 49.0 33.5 47.5 18.5
Top 25 Companies 52.6 53.6 54.2 7.3
Total U.S. P/C Industry 51.8 53.1 53.6 6.1
Source: A.M. Best Statement Products: State/Line. For more information
about custom data, call (908) 439-2200, Ext. 5383.
Top 25 U.S. Auto Liability Writers
Ranked by 2006 direct premiums written.
($ Thousands)
2006 Direct %
Premiums Change in
Rank Company/Group AMB # Written Premiums
1 State Farm Group 00088 $17,407,873 0.4
2 Allstate Ins Group 00008 10,792,835 -0.2
3 Progressive Ins Group 00780 8,980,439 -0.6
4 Berkshire Hathaway Ins 00811 7,241,379 7.7
5 Nationwide Group 05987 5,588,902 2.5
6 Farmers Ins Group 00032 4,880,427 3.3
7 Travelers Ins Cos 18674 3,787,754 1.1
8 Amer Intl Group, Inc 18540 3,709,900 -4.7
9 Liberty Mutual Ins Cos 00060 3,589,493 0.7
10 USAA Group 04080 3,172,448 3.4
11 Hartford Ins Group 00048 2,197,799 2.1
12 Amer Family Ins Group 00124 2,058,733 2.4
13 Safeco Ins Cos 00078 1,958,325 -2.8
14 Mercury Gen Group 04524 1,620,693 2.0
15 Zurich Finl Svcs NA Group 18549 1,326,682 4.3
16 Erie Ins Group 04283 1,320,607 -2.8
17 MetLife Auto & Home Group 18552 1,233,709 -1.9
18 Auto Club Enterprises Ins
Group 18515 1,141,139 2.2
19 Auto-Owners Ins Group 04354 1,135,351 -2.8
20 Commerce Group 02966 1,044,894 -2.2
21 CA State Auto Group 18460 1,008,211 0.7
22 Sentry Ins Group 00086 997,336 3.6
23 GMAC Ins Group 18431 963,240 -5.5
24 White Mountains Ins Group 18490 848,395 7.6
25 Unitrin, Inc 05948 847,962 -4.9
Top 25 Companies $88,854,525 0.9
Total U.S. P/C Industry $118,357,685 0.2
Market Share %
Rank Company/Group 2006 2005 2004
1 State Farm Group 14.7 14.7 15.0
2 Allstate Ins Group 9.1 9.2 8.8
3 Progressive Ins Group 7.6 7.6 7.3
4 Berkshire Hathaway Ins 6.1 5.7 5.1
5 Nationwide Group 4.7 4.6 4.5
6 Farmers Ins Group 4.1 4.0 3.9
7 Travelers Ins Cos 3.2 3.2 3.5
8 Amer Intl Group, Inc 3.1 3.3 3.1
9 Liberty Mutual Ins Cos 3.0 3.0 3.2
10 USAA Group 2.7 2.6 2.6
11 Hartford Ins Group 1.9 1.8 1.8
12 Amer Family Ins Group 1.7 1.7 1.7
13 Safeco Ins Cos 1.7 1.7 1.6
14 Mercury Gen Group 1.4 1.3 1.2
15 Zurich Finl Svcs NA Group 1.1 1.1 1.1
16 Erie Ins Group 1.1 1.2 1.2
17 MetLife Auto & Home Group 1.0 1.1 1.1
18 Auto Club Enterprises Ins
Group 1.0 0.9 0.9
19 Auto-Owners Ins Group 1.0 1.0 1.0
20 Commerce Group 0.9 0.9 0.9
21 CA State Auto Group 0.9 0.8 0.8
22 Sentry Ins Group 0.8 0.8 0.8
23 GMAC Ins Group 0.8 0.9 0.9
24 White Mountains Ins Group 0.7 0.7 0.7
25 Unitrin, Inc 0.7 0.8 0.8
Top 25 Companies 75.1 74.5 73.6
Total U.S. P/C Industry 100.0 100.0 100.0
Adjusted Loss Ratios % of
Company
Rank Company/Group 2006 2005 2004 Premiums
1 State Farm Group 59.5 60.9 58.7 36.1
2 Allstate Ins Group 53.9 59.3 61.4 38.7
3 Progressive Ins Group 52.2 51.0 52.8 62.4
4 Berkshire Hathaway Ins 61.2 61.5 65.4 48.1
5 Nationwide Group 56.1 69.6 62.7 34.9
6 Farmers Ins Group 63.2 65.9 69.5 32.6
7 Travelers Ins Cos 47.9 50.6 60.9 17.5
8 Amer Intl Group, Inc 56.8 59.6 60.4 11.7
9 Liberty Mutual Ins Cos 53.6 56.3 66.7 20.2
10 USAA Group 79.3 76.0 69.0 35.4
11 Hartford Ins Group 60.6 60.9 63.1 18.8
12 Amer Family Ins Group 67.5 65.3 71.7 34.5
13 Safeco Ins Cos 52.9 59.0 58.1 34.3
14 Mercury Gen Group 56.2 51.6 48.8 53.5
15 Zurich Finl Svcs NA Group 58.5 59.4 54.0 10.2
16 Erie Ins Group 61.3 72.7 72.9 34.7
17 MetLife Auto & Home Group 51.5 57.2 65.3 40.4
18 Auto Club Enterprises Ins
Group 61.3 55.4 53.2 44.3
19 Auto-Owners Ins Group 69.0 69.3 64.6 25.2
20 Commerce Group 49.6 50.9 51.8 56.1
21 CA State Auto Group 58.7 52.0 57.6 42.6
22 Sentry Ins Group 62.0 62.3 62.1 47.8
23 GMAC Ins Group 71.4 69.3 82.9 38.5
24 White Mountains Ins Group 56.5 54.3 60.8 33.9
25 Unitrin, Inc 61.0 62.5 64.7 44.1
Top 25 Companies 58.1 60.2 61.4 31.4
Total U.S. P/C Industry 58.4 60.8 61.4 24.2
Source: A.M. Best Statement Products: State/Line. For more information
about custom data, call (908) 439-2200, Ext. 5383.
Top 25 U.S. Auto Physical Damage Writers
Ranked by 2006 direct premiums written.
($ Thousands)
2006 Direct %
Premiums Change in
Rank Company/Group AMB # Written Premiums
1 State Farm Group 00088 $12,377,870 0.7
2 Allstate Ins Group 00008 8,093,258 2.0
3 Progressive Ins Group 00780 5,077,433 1.6
4 Berkshire Hathaway Ins 00811 4,191,631 11.9
5 Farmers Ins Group 00032 3,493,747 -1.9
6 Nationwide Group 05987 3,186,337 0.4
7 USAA Group 04080 2,726,631 3.7
8 Liberty Mutual Ins Cos 00060 1,957,620 1.1
9 Amer Intl Group, Inc 18540 1,752,665 6.2
10 Travelers Ins Cos 18674 1,726 4.1
11 Amer Family Ins Group 00124 1,549,871 -5.9
12 Hartford Ins Group 00048 1,171,002 2.2
13 Mercury Gen Group 04524 1,081,381 2.8
14 Safeco Ins Cos 00078 1,081,181 -5.0
15 Auto Club Enterprises Ins
Group 18515 1,032,499 5.9
16 MetLife Auto & Home Group 18552 877,525 -0.5
17 CA State Auto Group 18460 848,590 3.4
18 Erie Ins Group 04283 813,562 -9.2
19 Auto-Owners Ins Group 04354 794,959 -5.6
20 GMAC Ins Group 18431 785,043 -10.0
21 Auto Club Group 00312 605,122 -5.1
22 Southern Farm Bureau Group 02962 582,095 -0.6
23 Commerce Group 02966 581,537 -0.9
24 Unitrin, Inc 05948 477,780 -2.8
25 Hanover Ins Grp Prop & Cas
Cos 04861 472,390 1.5
Top 25 Companies $57,337,388 1.3
Total U.S. P/C Industry $73,534,062 0.3
Market Share (%)
Rank Company/Group 2006 2005 2004
1 State Farm Group 16.8 16.8 17.3
2 Allstate Ins Group 11.0 10.8 10.0
3 Progressive Ins Group 6.9 6.8 6.6
4 Berkshire Hathaway Ins 5.7 5.1 4.6
5 Farmers Ins Group 4.8 4.9 5.0
6 Nationwide Group 4.3 4.3 4.2
7 USAA Group 3.7 3.6 3.5
8 Liberty Mutual Ins Cos 2.7 2.6 2.8
9 Amer Intl Group, Inc 2.4 2.3 2.1
10 Travelers Ins Cos 2.3 2.3 2.4
11 Amer Family Ins Group 2.1 2.2 2.3
12 Hartford Ins Group 1.6 1.6 1.5
13 Mercury Gen Group 1.5 1.4 1.3
14 Safeco Ins Cos 1.5 1.6 1.5
15 Auto Club Enterprises Ins
Group 1.4 1.3 1.3
16 MetLife Auto & Home Group 1.2 1.2 1.2
17 CA State Auto Group 1.2 1.1 1.1
18 Erie Ins Group 1.1 1.2 1.2
19 Auto-Owners Ins Group 1.1 1.1 1.2
20 GMAC Ins Group 1.1 1.2 1.2
21 Auto Club Group 0.8 0.9 0.9
22 Southern Farm Bureau Group 0.8 0.8 0.8
23 Commerce Group 0.8 0.8 0.8
24 Unitrin, Inc 0.6 0.7 0.7
25 Hanover Ins Grp Prop & Cas
Cos 0.6 0.6 0.7
Top 25 Companies 78.0 77.3 76.3
Total U.S. P/C Industry 100.0 100.0 100.0
Adjusted Loss Ratios % of
Company
Rank Company/Group 2006 2005 2004 Premiums
1 State Farm Group 64.2 68.8 61.4 25.7
2 Allstate Ins Group 45.0 49.2 47.2 29.0
3 Progressive Ins Group 58.2 61.3 52.2 35.3
4 Berkshire Hathaway Ins 57.7 61.9 54.2 27.8
5 Farmers Ins Group 56.1 53.5 50.0 23.4
6 Nationwide Group 51.0 51.4 51.4 19.9
7 USAA Group 58.8 63.0 56.4 30.4
8 Liberty Mutual Ins Cos 51.4 50.7 49.3 11.0
9 Amer Intl Group, Inc 59.1 63.2 58.9 5.5
10 Travelers Ins Cos 50.1 46.1 51.5 8.0
11 Amer Family Ins Group 64.5 50.9 52.9 26.0
12 Hartford Ins Group 48.5 51.6 48.2 10.0
13 Mercury Gen Group 60.3 59.5 56.5 35.7
14 Safeco Ins Cos 58.1 54.5 50.2 18.9
15 Auto Club Enterprises Ins
Group 59.9 61.2 57.9 40.1
16 MetLife Auto & Home Group 47.0 51.7 46.3 28.8
17 CA State Auto Group 58.4 57.2 57.3 35.8
18 Erie Ins Group 51.2 49.3 52.7 21.4
19 Auto-Owners Ins Group 54.1 52.9 51.8 17.6
20 GMAC Ins Group 60.6 60.1 54.1 31.4
21 Auto Club Group 53.7 55.7 56.2 40.5
22 Southern Farm Bureau Group 63.2 65.2 58.3 26.4
23 Commerce Group 56.5 57.1 55.6 31.2
24 Unitrin, Inc 56.9 55.5 51.0 24.8
25 Hanover Ins Grp Prop & Cas
Cos 53.0 54.7 53.0 18.4
Top 25 Companies 56.3 58.2 54.1 21.1
Total U.S. P/C Industry 55.3 56.5 52.8 15.1
Source: A.M. Best Statement Products: State/Line. For more information
about custom data, call (908) 439-2200, Ext. 5383.
Top 25 U.S. Private-Passenger Auto Writers
Ranked by 2006 direct premiums written.
($ Thousands)
2006 Direct %
Premiums Change in
Rank Company/Group AMB # Written Premiums
1 State Farm Group 00088 $28,586,725 0.3
2 Allstate Ins Group 00008 18,294,445 0.9
3 Progressive Ins Group 00780 12,077,088 -0.3
4 Berkshire Hathaway Ins 00811 11,105,932 9.9
5 Farmers Ins Group 00032 8,109,760 1.1
6 Nationwide Group 05987 7,610,828 0.2
7 USAA Group 04080 5,898,914 3.5
8 Liberty Mutual Ins Cos 00060 4,251,008 -0.2
9 Amer Intl Group, Inc 18540 4,190,358 1.0
10 Amer Family Ins Group 00124 3,536,914 -1.5
11 Travelers Ins Cos 18674 3,471,357 4.9
12 Hartford Ins Group 00048 2,652,694 4.3
13 Safeco Ins Cos 00078 2,589,780 -5.2
14 Mercury Gen Group 04524 2,560,646 2.0
15 Auto Club Enteprises Ins
Group 18515 2,173,638 3.9
16 MetLife Auto & Home Group 18552 2,111,234 -1.3
17 CA State Auto Group 18460 1,856,802 1.9
18 Erie Ins Group 04283 1,811,996 -5.8
19 GMAC Ins Group 18431 1,547,260 -5.0
20 Commerce Group 02966 1,516,113 -2.2
21 Southern Farm Bureau Group 02962 1,264,375 -0.5
22 Auto-Owners Ins Group 04354 1,230,507 -5.2
23 Auto Club Group 00312 1,210,125 -4.5
24 Unitrin, Inc 05948 1,151,503 -3.9
25 White Mountains Ins Group 18490 1,076,680 11.2
Top 25 Companies $131,886,682 1.1
Total U.S. P/C Industry $162,057,948 0.3
Market Share (%)
Rank Company/Group 2006 2005 2004
1 State Farm Group 17.6 17.7 18.2
2 Allstate Ins Group 11.3 11.2 10.6
3 Progressive Ins Group 7.5 7.5 7.3
4 Berkshire Hathaway Ins 6.9 6.3 5.6
5 Farmers Ins Group 5.0 5.0 5.0
6 Nationwide Group 4.7 4.7 4.7
7 USAA Group 3.6 3.5 3.5
8 Liberty Mutual Ins Cos 2.6 2.6 2.9
9 Amer Intl Group, Inc 2.6 2.6 2.4
10 Amer Family Ins Group 2.2 2.2 2.2
11 Travelers Ins Cos 2.1 2.0 2.1
12 Hartford Ins Group 1.6 1.6 1.5
13 Safeco Ins Cos 1.6 1.7 1.6
14 Mercury Gen Group 1.6 1.6 1.4
15 Auto Club Enterprises Ins
Group 1.3 1.3 1.2
16 MetLife Auto & Home Group 1.3 1.3 1.4
17 CA State Auto Group 1.1 1.1 1.1
18 Erie Ins Group 1.1 1.2 1.2
19 GMAC Ins Group 1.0 1.0 1.0
20 Commerce Group 0.9 1.0 1.0
21 Southern Farm Bureau Group 0.8 0.8 0.8
22 Auto-Owners Ins Group 0.8 0.8 0.8
23 Auto Club Group 0.7 0.8 0.8
24 Unitrin, Inc 0.7 0.7 0.8
25 White Mountains Ins Group 0.7 0.6 0.6
Top 25 Companies 81.4 80.8 79.6
Total U.S. P/C Industry 100.0 100.0 100.0
Adjusted Loss Ratios % of
Company
Rank Company/Group 2006 2005 2004 Premiums
1 State Farm Group 61.6 64.3 60.0 59.3
2 Allstate Ins Group 50.3 55.2 55.5 65.6
3 Progressive Ins Group 54.6 54.9 52.8 83.9
4 Berkshire Hathaway Ins 60.8 62.7 62.1 73.8
5 Farmers Ins Group 60.5 60.7 60.9 54.2
6 Nationwide Group 53.7 64.2 59.3 47.5
7 USAA Group 69.8 70.0 63.3 65.8
8 Liberty Mutual Ins Cos 53.8 56.4 59.9 23.9
9 Amer Intl Group, Inc 60.6 60.0 61.4 13.3
10 Amer Family Ins Group 66.4 58.9 63.0 59.2
11 Travelers Ins Cos 51.6 52.0 59.0 16.0
12 Hartford Ins Group 55.9 60.1 61.0 22.7
13 Safeco Ins Cos 55.5 60.0 58.6 45.3
14 Mercury Gen Group 58.5 55.1 52.2 84.5
15 Auto Club Enterprises Ins
Group 60.6 58.1 55.4 84.4
16 MetLife Auto & Home Group 49.6 54.9 57.3 69.2
17 CA State Auto Group 58.6 54.3 57.5 78.4
18 Erie Ins Group 58.5 64.8 65.5 47.6
19 GMAC Ins Group 65.8 64.4 69.4 61.9
20 Commerce Group 52.5 53.7 53.8 81.3
21 Southern Farm Bureau Group 65.7 66.1 65.9 57.4
22 Auto-Owners Ins Group 67.3 67.3 63.4 27.3
23 Auto Club Group 71.6 83.7 61.6 81.0
24 Unitrin, Inc 60.1 60.1 60.4 59.9
25 White Mountains Ins Group 59.2 54.7 57.4 43.0
Top 25 Companies 58.2 60.5 59.1 48.5
Total U.S. P/C Industry 58.2 60.3 58.9 33.2
Source: A.M. Best Statement Products: State/Line. For more information
about custom data, call (908) 439-2200, Ext. 5383.
Top 25 U.S. Total Auto Writers
Ranked by 2006 direct premiums written.
($ Thousands)
% of
2006 Direct %
Premiums Change in
Rank Company/Group AMB # Written Premiums
1 State Farm Group 00088 $529,785,744 0.6
2 Allstate Ins Group 00008 18,886,093 0.7
3 Progressive Ins Group 00780 14,057,872 0.2
4 Berkshire Hathaway Ins 00811 11,433,011 9.2
5 Nationwide Group 05987 8,775,239 1.7
6 Farmers Ins Group 00032 8,374,173 1.1
7 USAA Group 04080 5,899,079 3.5
8 Liberty Mutual Ins Cos 00060 5,547,113 0.9
9 Travelers Ins Cos 18674 5,513,413 2.0
10 Amer Intl Group, Inc 18540 5,462,565 -1.4
11 Amer Family Ins Group 00124 3,608,604 -1.3
12 Hartford Ins Group 00048 3,368,801 2.2
13 Safeco Ins Cos 00078 3,039,505 -3.6
14 Mercury Gen Group 04524 2,702,074 2.3
15 Auto Club Enterprises Ins
Group 18515 2,173,638 3.9
16 Erie Ins Group 04283 2,134,169 -5.3
17 MetLife Auto & Home Group 18552 2,111,234 -1.3
18 Auto-Owners Ins Group 04354 1,930,310 -4.0
19 CA State Auto Group 18460 1,856,802 1.9
20 Zurich Finl Svcs NA Group 18549 1,749,943 1.7
21 GMAC Ins Group 18431 1,748,283 -7.6
22 Commerce Group 02966 1,626,431 -1.7
23 Unitrin, Inc 05948 1,325,741 -4.1
24 Southern Farm Bureau Group 02962 1,316,313 -0.4
25 Sentry Ins Group 00086 1,308,402 3.6
Top 25 Companies $145,734,550 1.0
Total U.S. P/C Industry $191,891,748 0.3
Market Share (%)
Rank Company/Group 2006 2005 2004
1 State Farm Group 15.5 15.5 15.9
2 Allstate Ins Group 9.8 9.8 9.3
3 Progressive Ins Group 73.0 7.3 7.1
4 Berkshire Hathaway Ins 6.0 5.5 4.9
5 Nationwide Group 4.6 4.5 4.4
6 Farmers Ins Group 4.4 4.3 4.3
7 USAA Group 3.1 3.0 2.9
8 Liberty Mutual Ins Cos 2.9 2.9 3.1
9 Travelers Ins Cos 2.9 2.8 3.1
10 Amer Intl Group, Inc 2.8 2.9 2.7
11 Amer Family Ins Group 1.9 1.9 1.9
12 Hartford Ins Group 1.8 1.7 1.7
13 Safeco Ins Cos 1.6 1.6 1.6
14 Mercury Gen Group 1.4 1.4 1.3
15 Auto Club Enterprises Ins
Group 1.1 1.1 1.0
16 Erie Ins Group 1.1 1.2 1.2
17 MetLife Auto & Home Group 1.1 1.1 1.1
18 Auto-Owners Ins Group 1.0 1.1 1.1
19 CA State Auto Group 1.0 1.0 0.9
20 Zurich Finl Svcs NA Group 0.9 0.9 1.0
21 GMAC Ins Group 0.9 1.0 1.0
22 Commerce Group 0.8 0.9 0.9
23 Unitrin, Inc 0.7 0.7 0.7
24 Southern Farm Bureau Group 0.7 0.7 0.7
25 Sentry Ins Group 0.7 0.7 0.7
Top 25 Companies 75.9 75.4 74.4
Total U.S. P/C Industry 100.0 100.0 100.0
Adjusted Loss Ratios %
Company
Rank Company/Group 2006 2005 2004 Premiums
1 State Farm Group 61.5 64.2 59.8 61.8
2 Allstate Ins Group 50.1 55.0 55.5 67.7
3 Progressive Ins Group 54.3 54.7 52.6 97.7
4 Berkshire Hathaway Ins 59.9 61.6 61.3 75.9
5 Nationwide Group 54.2 62.9 58.5 54.8
6 Farmers Ins Group 60.2 60.5 60.9 56.0
7 USAA Group 69.8 70.0 63.3 65.8
8 Liberty Mutual Ins Cos 52.8 54.4 60.5 31.1
9 Travelers Ins Cos 48.6 49.3 58.1 25.4
10 Amer Intl Group, Inc 57.5 60.7 60.0 17.3
11 Amer Family Ins Group 66.2 58.8 62.9 60.4
12 Hartford Ins Group 56.4 57.6 57.9 28.9
13 Safeco Ins Cos 54.8 57.4 55.1 53.2
14 Mercury Gen Group 57.9 54.7 51.8 89.2
15 Auto Club Enterprises Ins
Group 60.6 58.1 55.4 84.4
16 Erie Ins Group 57.3 63.4 64.8 56.1
17 MetLife Auto & Home Group 49.6 54.9 57.3 69.2
18 Auto-Owners Ins Group 62.8 62.4 59.0 42.8
19 CA State Auto Group 58.6 54.3 57.5 78.4
20 Zurich Finl Svcs NA Group 56.5 55.9 48.7 13.5
21 GMAC Ins Group 66.5 65.1 69.4 69.9
22 Commerce Group 52.1 53.2 53.2 87.2
23 Unitrin, Inc 59.5 60.0 59.7 68.9
24 Southern Farm Bureau Group 65.0 65.8 65.2 59.7
25 Sentry Ins Group 59.8 58.7 58.2 62.7
Top 25 Companies 57.4 59.5 58.5 51.5
Total U.S. P/C Industry 57.2 59.2 58.1 39.3
Source: Best's State/Line Reports, P/C 2007. For more information
about custom data, call (908) 439-2200, Ext. 5383.
Top 25 Auto Writers--Canada, 2006
Rank is based on direct premiums written in 2006.
(C$ Thousands, US$1 = C$1.1652 as of Dec. 31, 2006)
2006
Direct
Premiums %
Rank Company Name AMB # Written Change
1 ING Ins Co of CA 85758 C$1,771,851 6.4
2 State Farm Mutual Automobile
Ins Co CAB 87096 1,074,626 3.1
3 Wawanesa Mutual Ins Co 85802 943,863 0.3
4 Security Natl Ins Co 87089 814,663 9.9
5 Economical Mutual Ins Co 85741 784,151 12.0
6 Co-operators Gen Ins Co 85735 721,882 3.7
7 Dominion of CA Gen Ins Co 85739 648,651 -1.7
8 Aviva Ins Co of CA (1) 85748 537,070 -5.5
9 Pilot Ins Co (1) 85779 515,126 999.9
10 Unifund Assur Co 86836 457,963 18.7
11 Allstate Ins Co of CA (1) 85704 382,478 0.1
12 Traders Gen Ins Co (1) 85795 370,010 -2.2
13 Kingsway Gen Ins Co 86397 349,012 -9.4
14 Personal Ins Co (1) 85776 341,515 -2.1
15 Royal & Sun Alliance Ins CA 85785 279,875 -4.2
16 Axa Assurances Inc 85798 272,142 -9.8
17 Primmum Ins Co 87021 268,429 6.5
18 RBC Gen Ins Co 87083 265,126 0.4
19 Lombard Gen Ins Co of CA 85732 264,973 -2.0
20 Zurich Ins Co CAB 85148 262,165 8.1
21 Markel Ins Co of CA 85767 233,744 -10.4
22 Capitale, Compagnie
d'Assurance Gen 85721 230,029 3.2
23 TD Home &Auto Ins Co 87725 209,310 -16.1
24 Axa Ins (CA) 86239 197,907 12.8
25 Belair Ins Co Inc 85706 189,840 5.1
Top 25 Companies (2) C$12,386,401 6.7
Total Canadian Property/Gas
All Cos C$19,513,819 5.2
% of Total
Premiums Net Loss Ratios
Derived from
Rank Company Name Auto Line 2006 2005
1 ING Ins Co of CA 54.3 60.7 54.4
2 State Farm Mutual Automobile
Ins Co CAB 100.0 67.3 74.6
3 Wawanesa Mutual Ins Co 62.0 71.6 71.8
4 Security Natl Ins Co 79.4 70.1 66.1
5 Economical Mutual Ins Co 56.7 71.1 65.6
6 Co-operators Gen Ins Co 54.7 70.5 63.0
7 Dominion of CA Gen Ins Co 61.3 68.2 62.5
8 Aviva Ins Co of CA (1) 38.9 60.6 63.6
9 Pilot Ins Co (1) 78.2 88.7 999.9
10 Unifund Assur Co 82.7 66.2 70.4
11 Allstate Ins Co of CA (1) 74.6 60.1 46.7
12 Traders Gen Ins Co (1) 79.7 67.9 63.5
13 Kingsway Gen Ins Co 81.6 89.0 90.8
14 Personal Ins Co (1) 82.8 79.8 75.4
15 Royal & Sun Alliance Ins CA 34.5 62.9 62.6
16 Axa Assurances Inc 44.7 60.2 57.9
17 Primmum Ins Co 83.7 64.3 62.4
18 RBC Gen Ins Co 82.5 76.1 75.1
19 Lombard Gen Ins Co of CA 32.5 67.8 61.0
20 Zurich Ins Co CAB 28.9 80.1 63.1
21 Markel Ins Co of CA 90.6 66.9 65.3
22 Capitale, Compagnie
d'Assurance Gen 64.8 65.1 65.3
23 TD Home &Auto Ins Co 75.7 66.8 75.4
24 Axa Ins (CA) 58.5 59.4 62.6
25 Belair Ins Co Inc 69.8 60.7 54.4
Top 25 Companies (2) 60.9 68.4 65.1
Total Canadian Property/Gas
All Cos 50.5 71.5 68.9
2006 2006
Net Net
Premiums Premiums
Rank Company Name Written Earned
1 ING Ins Co of CA C$1,162,633 C$1,136,837
2 State Farm Mutual Automobile
Ins Co CAB 1,074,611 1,064,696
3 Wawanesa Mutual Ins Co 940,475 920,790
4 Security Natl Ins Co 821,910 798,185
5 Economical Mutual Ins Co 862,744 826,184
6 Co-operators Gen Ins Co 738,211 726,551
7 Dominion of CA Gen Ins Co 644,575 649,865
8 Aviva Ins Co of CA (1) 537,245 550,028
9 Pilot Ins Co (1) 432,902 446,296
10 Unifund Assur Co 451,244 417,228
11 Allstate Ins Co of CA (1) 384,256 383,867
12 Traders Gen Ins Co (1) 324,091 325,215
13 Kingsway Gen Ins Co 118,344 112,868
14 Personal Ins Co (1) 333,711 333,121
15 Royal & Sun Alliance Ins CA 282,553 300,270
16 Axa Assurances Inc 291,566 295,754
17 Primmum Ins Co 266,868 261,757
18 RBC Gen Ins Co 264,845 264,016
19 Lombard Gen Ins Co of CA 206,439 208,549
20 Zurich Ins Co CAB 234,032 233,683
21 Markel Ins Co of CA 189,544 199,014
22 Capitale, Compagnie
d'Assurance Gen 226,795 222,909
23 TD Home &Auto Ins Co 197,198 210,857
24 Axa Ins (CA) 115,781 118,697
25 Belair Ins Co Inc 192,245 187,980
Top 25 Companies (2) C$11,294,818 C$11,195,217
Total Canadian Property/Gas
All Cos C$19,043,183 C$18,703,618
(1) Purchased data from Beyond 20/20.
(2) Excludes Lloyd's Underwriters Canada Branch due to significant
differences between permitted and prescribed accounting practices and
government-owned Insurance Corporation of British Columbia.
Source: A.M. Best Co. unless otherwise noted.
U.S. Total All Auto Lines--Top Writers by State
Rank based on direct premiums written in 2006.
($ Thousands)
Direct % of
No. of Premiums U.S. Premium
State Rank Cos. Written Total % Change
Ala. 26 508 $2,696,436 1.4 1.6
Alaska 46 299 476,077 0.2 0.6
Ariz. 15 560 4,121,090 2.1 4.9
Ark. 32 492 1,674,741 0.9 -3.8
Calif. 1 534 23,018,865 12.0 2.8
Colo. 22 492 3,210,908 1.7 -1.7
Conn. 25 405 2,771,712 1.4 -1.5
Del. 44 407 733,097 0.4 0.2
D.C. 51 346 289,754 0.2 -0.7
Fla. 2 584 14,873,516 7.8 3.6
Ga. 9 601 6,185,837 3.2 3.7
Hawaii 43 239 784,698 0.4 3.1
Idaho 41 438 808,841 0.4 3.7
Ill. 7 628 6,911,723 3.6 -0.7
Ind. 19 610 3,360,603 1.8 -2.4
Iowa 33 515 1,624,215 0.8 -1.3
Kan. 34 498 1,582,502 0.8 -1.7
Ky. 27 513 2,570,590 1.3 0.3
La. 17 471 3,424,124 1.8 -2.4
Maine 42 345 800,426 0.4 -1.1
Md. 14 509 4,276,718 2.2 0.1
Mass. 11 310 5,071,347 2.6 -5.6
Mich. 8 462 6,872,878 3.6 -3.7
Minn. 21 487 3,285,547 1.7 -3.6
Miss. 31 497 1,713,487 0.9 6.4
Mo. 18 570 3,393,232 1.8 0.3
Mont. 45 418 650,920 0.3 1.8
Neb. 38 482 1,065,611 0.6 -3.6
Nev. 30 468 1,961,856 1.0 7.4
N.H. 39 341 862,568 0.4 0.2
N.J. 6 432 7,140,018 3.7 -2.6
N.M. 37 428 1,202,244 0.6 3.1
N.Y. 4 514 12,048,733 6.3 -2.5
N.C. 12 470 4,976,657 2.6 0.9
N.D. 48 413 394,629 0.2 -1.3
Ohio 10 618 6,153,613 3.2 -2.3
Okla. 29 501 2,090,797 1.1 0.7
Ore. 28 494 2,268,702 1.2 1.5
Pa. 5 582 8,286,491 4.3 -1.3
R.I. 40 356 817,619 0.4 -1.4
S.C. 23 507 2,811,688 1.5 3.3
S.D. 47 426 444,603 0.2 -1.0
Tenn. 20 571 3,305,228 1.7 1.3
Texas 3 613 13,903,086 7.2 2.2
Utah 35 456 1,423,579 0.7 5.0
Vt. 49 336 394,039 0.2 -1.1
Va. 13 539 4,720,781 2.5 -0.4
Wash. 16 501 4,040,234 2.1 0.3
W.Va. 36 398 1,227,073 0.6 -2.4
Wis. 24 557 2,790,072 1.5 -2.8
Wyo. 50 371 377,939 0.2 4.3
U.S.
Total 1,460 $191,891,748 100.0 0.3
Market Share
Agency Direct
State ALR (1) DDCCE (2) Writer (3) Writer (4)
Ala. 62.4 2.4 32.5 67.5
Alaska 46.5 2.0 28.6 71.4
Ariz. 58.5 1.9 32.1 67.9
Ark. 58.8 1.6 29.7 70.3
Calif. 54.4 2.6 42.0 58.0
Colo. 51.1 2.3 30.2 69.8
Conn. 54.3 2.3 50.9 49.1
Del. 61.6 3.0 31.0 69.0
D.C. 50.8 1.9 27.8 72.2
Fla. 61.7 3.1 40.8 59.2
Ga. 58.9 1.7 38.3 61.7
Hawaii 47.1 1.3 48.4 51.6
Idaho 53.3 1.7 34.5 65.5
Ill. 56.5 3.4 35.2 64.8
Ind. 61.0 2.7 43.2 56.8
Iowa 51.3 1.9 45.8 54.2
Kan. 60.3 1.5 29.9 70.1
Ky. 57.1 1.9 38.9 61.1
La. 57.2 4.0 34.0 66.0
Maine 46.4 1.0 54.1 45.9
Md. 57.5 1.7 34.3 65.7
Mass. 48.6 2.1 78.9 21.1
Mich. 65.4 3.0 46.3 53.7
Minn. 51.0 2.9 37.5 62.5
Miss. 55.4 2.1 36.6 63.4
Mo. 64.9 2.4 33.0 67.0
Mont. 55.0 2.5 47.2 52.8
Neb. 49.3 1.6 37.8 62.2
Nev. 69.3 3.3 29.8 70.2
N.H. 52.7 1.6 42.9 57.1
N.J. 60.3 6.1 42.9 57.1
N.M. 56.9 2.0 32.4 67.6
N.Y. 50.9 4.4 42.5 57.5
N.C. 63.3 1.2 36.5 63.5
N.D. 46.0 1.8 49.5 50.5
Ohio 52.0 2.1 50.6 49.4
Okla. 55.6 1.8 36.5 63.5
Ore. 58.2 2.5 34.1 65.9
Pa. 58.6 2.3 47.6 52.4
R.I. 50.0 2.7 46.2 53.8
S.C. 57.4 1.5 32.0 68.0
S.D. 50.4 2.8 49.8 50.2
Tenn. 61.8 2.1 33.3 66.7
Texas 58.3 2.4 36.2 63.8
Utah 58.8 1.7 30.2 69.8
Vt. 48.8 1.3 53.2 46.8
Va. 57.4 1.6 32.7 67.3
Wash. 62.3 3.1 40.7 59.3
W.Va. 55.0 2.2 35.2 64.8
Wis. 57.5 2.4 47.7 52.3
Wyo. 53.8 1.5 40.0 60.0
U.S.
Total 57.2 2.7 40.6 59.4
%
Market
State Leading Writer Share
Ala. State Farm Group 21.3
Alaska State Farm Group 22.0
Ariz. State Farm Group 14.1
Ark. State Farm Group 19.9
Calif. State Farm Group 11.5
Colo. State Farm Group 18.8
Conn. Allstate Ins Group 11.7
Del. Nationwide Group 19.4
D.C. Berkshire Hathaway Ins 30.0
Fla. State Farm Group 18.9
Ga. State Farm Group 20.2
Hawaii Berkshire Hathaway Ins 18.4
Idaho State Farm Group 12.7
Ill. State Farm Group 25.2
Ind. State Farm Group 18.9
Iowa State Farm Group 16.4
Kan. State Farm Group 18.4
Ky. State Farm Group 17.4
La. State Farm Group 28.7
Maine Progressive Ins Group 11.1
Md. State Farm Group 17.2
Mass. Commerce Group 28.5
Mich. State Farm Group 17.2
Minn. State Farm Group 19.3
Miss. State Farm Group 21.7
Mo. State Farm Group 19.4
Mont. State Farm Group 16.9
Neb. State Farm Group 20.9
Nev. Farmers Ins Group 13.0
N.H. State Farm Group 12.3
N.J. Allstate Ins Group 13.2
N.M. State Farm Group 17.7
N.Y. Berkshire Hathaway Ins 17.0
N.C. Nationwide Group 18.4
N.D. State Farm Group 13.4
Ohio State Farm Group 16.7
Okla. State Farm Group 18.2
Ore. State Farm Group 16.8
Pa. State Farm Group 16.3
R.I. Progressive Ins Group 16.7
S.C. State Farm Group 22.1
S.D. State Farm Group 16.2
Tenn. State Farm Group 20.4
Texas State Farm Group 18.4
Utah Allstate Ins Group 15.4
Vt. Progressive Ins Group 14.3
Va. State Farm Group 14.7
Wash. State Farm Group 13.6
W.Va. State Farm Group 24.5
Wis. Amer Family Ins Group 21.7
Wyo. State Farm Group 19.0
U.S.
Total State Farm Group 15.5
%
Market
State Second Leader Share
Ala. Alfa Ins Group 14.6
Alaska Berkshire Hathaway Ins 18.7
Ariz. Farmers Ins Group 11.0
Ark. Southern Farm Bureau Group 14.0
Calif. Mercury Gen Group 8.7
Colo. Farmers Ins Group 11.8
Conn. Progressive Ins Group 9.0
Del. State Farm Group 18.9
D.C. State Farm Group 17.7
Fla. Allstate Ins Group 13.0
Ga. Progressive Ins Group 12.0
Hawaii State Farm Group 14.2
Idaho Farmers Ins Group 11.6
Ill. Allstate Ins Group 11.3
Ind. United Farm Bureau IN 8.1
Iowa Nationwide Group 11.7
Kan. Amer Family Ins Group 13.5
Ky. KY Farm Bureau Group 16.8
La. Allstate Ins Group 14.0
Maine State Farm Group 10.0
Md. Berkshire Hathaway Ins 17.0
Mass. Safety Group 11.2
Mich. Auto Club Group 15.1
Minn. Amer Family Ins Group 12.1
Miss. Southern Farm Bureau Group 12.6
Mo. Amer Family Ins Group 15.3
Mont. Farmers Ins Group 11.5
Neb. Amer Family Ins Group 8.9
Nev. State Farm Group 12.4
N.H. Liberty Mutual Ins Cos 12.1
N.J. NJM Ins Group 12.0
N.M. Farmers Ins Group 14.2
N.Y. Allstate Ins Group 16.3
N.C. State Farm Group 11.5
N.D. Amer Family Ins Group 11.0
Ohio Progressive Ins Group 11.1
Okla. Farmers Ins Group 14.6
Ore. Farmers Ins Group 15.6
Pa. Erie Ins Group 12.7
R.I. Allstate Ins Group 10.5
S.C. Allstate Ins Group 13.7
S.D. Progressive Ins Group 12.5
Tenn. TN Farmers Ins Cos 15.5
Texas Allstate Ins Group 12.6
Utah State Farm Group 14.3
Vt. Allstate Ins Group 8.3
Va. Berkshire Hathaway Ins 12.7
Wash. Farmers Ins Group 12.2
W.Va. Nationwide Group 20.1
Wis. State Farm Group 11.2
Wyo. Farmers Ins Group 10.7
U.S.
Total Allstate Ins Group 9.8
(1) ALR: Adjusted loss ratio is direct losses incurred divided by
the difference between direct premiums earned and dividends paid to
policyholders.
(2) DDCCE: Direct defense and cost-containment expense ratio is the
former allocated loss adjustment expense (ALAE) ratio.
(3) Insurers that distribute primarily through independent agents.
(4) Insurers that distribute primarily through a direct-selling system
or an exclusive agency system.
Source: A.M. Best Statement Products: State/Line. For more information
about custom data, call (908) 439-2200, Ext. 5383.
U.S. Auto Liability--Top Writers by State
Rank based on direct premiums written in 2006.
($ Thousands)
Direct % of
No. of Premiums U.S. Premium
State Rank Cos. Written Total % Change
Ala. 28 484 $1,513,370 1.3 0.7
Alaska 46 283 302,340 0.3 1.9
Ariz. 16 538 2,373,455 2.0 5.5
Ark. 32 472 971,916 0.8 -6.8
Calif. 1 504 13,308,383 11.2 1.8
Colo. 21 477 1,901,907 1.6 -1.0
Conn. 23 391 1,819,756 1.5 -1.4
Del. 41 382 513,857 0.4 1.0
D.C. 51 335 162,580 0.1 -1.7
Fla. 2 550 10,643,156 9.0 2.5
Ga. 10 580 3,479,296 2.9 3.9
Hawaii 40 228 514,406 0.4 1.6
Idaho 43 419 482,606 0.4 4.4
Ill. 7 601 4,043,952 3.4 -0.7
Ind. 19 583 1,999,353 1.7 -1.3
Iowa 33 490 900,740 0.8 -0.8
Kan. 35 474 846,408 0.7 -0.3
Ky. 25 485 1,695,531 1.4 0.1
La. 17 444 2,152,073 1.8 -4.8
Maine 44 333 477,862 0.4 -0.9
Md. 15 484 2,658,784 2.2 0.4
Mass. 11 299 3,338,657 2.8 -6.5
Mich. 8 442 3,823,454 3.2 -2.0
Minn. 20 470 1,971,153 1.7 -2.5
Miss. 31 472 1,023,484 0.9 7.9
Mo. 18 548 2,000,238 1.7 1.3
Mont. 45 398 388,133 0.3 3.0
Neb. 38 463 609,213 0.5 -1.9
Nev. 29 451 1,298,400 1.1 7.1
N.H. 42 327 494,755 0.4 1.1
N.J. 6 413 4,840,852 4.1 -1.2
N.M. 37 409 754,570 0.6 3.6
N.Y. 3 496 8,445,271 7.1 -3.4
N.C. 12 446 2,945,654 2.5 3.1
N.D. 50 395 198,361 0.2 1.0
Ohio 9 593 3,723,515 3.1 -2.5
Okla. 30 479 1,251,684 1.1 0.2
Ore. 27 477 1,522,878 1.3 2.6
Pa. 5 557 5,126,797 4.3 -1.2
R.I. 39 346 562,391 0.5 -1.5
S.C. 24 474 1,770,331 1.5 2.7
S.D. 47 406 241,326 0.2 0.0
Tenn. 22 541 1,901,761 1.6 1.2
Texas 4 585 8,138,415 6.9 1.6
Utah 34 437 876,169 0.7 4.6
Vt. 48 328 218,880 0.2 -1.0
Va. 13 512 2,829,362 2.4 0.5
Wash. 14 478 2,694,722 2.3 2.5
W.Va. 36 380 769,967 0.7 -3.3
Wis. 26 535 1,632,610 1.4 -1.5
Wyo. 49 357 202,951 0.2 4.8
U.S.
Total 1,424 $118,357,685 100.0 0.2
Market Share
Agency Direct
State ALR (1) DDCCE (2) Writer (3) Writer (4)
Ala. 63.4 3.9 35.4 64.6
Alaska 48.0 3.7 30.9 69.1
Ariz. 60.1 3.0 35.1 64.9
Ark. 57.3 2.4 31.3 68.7
Calif. 52.7 4.1 44.5 55.5
Colo. 54.9 3.6 32.8 67.2
Conn. 55.7 3.3 53.3 46.7
Del. 63.8 4.2 32.0 68.0
D.C. 51.5 3.0 33.6 66.4
Fla. 62.5 4.2 41.9 58.1
Ga. 66.2 2.9 42.6 57.4
Hawaii 43.9 1.7 50.8 49.2
Idaho 54.9 2.7 36.4 63.6
Ill. 56.8 5.4 39.5 60.5
Ind. 57.4 4.3 45.6 54.4
Iowa 53.1 3.3 47.9 52.1
Kan. 56.5 2.5 32.8 67.2
Ky. 58.2 2.8 40.1 59.9
La. 62.4 5.9 37.2 62.8
Maine 47.0 1.5 57.1 42.9
Md. 58.6 2.5 38.0 62.0
Mass. 45.9 2.8 79.5 20.5
Mich. 71.7 5.2 47.5 52.5
Minn. 48.6 4.7 39.4 60.6
Miss. 56.7 3.1 39.2 60.8
Mo. 58.4 3.7 36.7 63.3
Mont. 58.4 3.9 46.8 53.2
Neb. 52.8 2.6 39.3 60.7
Nev. 72.2 4.7 31.6 68.4
N.H. 50.8 2.6 44.9 55.1
N.J. 67.8 8.9 45.2 54.8
N.M. 59.4 2.8 33.6 66.4
N.Y. 51.1 6.0 45.5 54.5
N.C. 70.7 1.8 38.1 61.9
N.D. 48.4 3.3 52.2 47.8
Ohio 50.3 3.3 52.4 47.6
Okla. 58.3 2.6 38.9 61.1
Ore. 59.0 3.4 35.8 64.2
Pa. 62.8 3.5 49.8 50.2
R.I. 52.9 3.8 48.3 51.7
S.C. 58.8 2.2 33.5 66.5
S.D. 53.6 4.9 50.9 49.1
Tenn. 59.6 3.3 36.2 63.8
Texas 58.8 3.5 39.5 60.5
Utah 61.8 2.5 32.3 67.7
Vt. 52.6 2.1 55.1 44.9
Va. 59.0 2.5 35.6 64.4
Wash. 65.1 4.3 42.3 57.7
W.Va. 61.8 3.2 37.1 62.9
Wis. 55.3 3.9 49.0 51.0
Wyo. 56.4 2.4 43.3 56.7
U.S.
Total 58.4 4.0 43.1 56.9
%
Market
State Leading Writer Share
Ala. State Farm Group 20.2
Alaska State Farm Group 22.6
Ariz. State Farm Group 12.9
Ark. State Farm Group 18.8
Calif. State Farm Group 10.9
Colo. State Farm Group 17.6
Conn. Allstate Ins Group 10.4
Del. Nationwide Group 20.0
D.C. Berkshire Hathaway Ins 26.6
Fla. State Farm Group 18.6
Ga. State Farm Group 18.4
Hawaii Berkshire Hathaway Ins 17.7
Idaho Farmers Ins Group 12.1
Ill. State Farm Group 23.6
Ind. State Farm Group 17.7
Iowa State Farm Group 15.1
Kan. State Farm Group 17.7
Ky. State Farm Group 16.8
La. State Farm Group 27.4
Maine Progressive Ins Group 12.3
Md. State Farm Group 16.2
Mass. Commerce Group 28.1
Mich. State Farm Group 17.9
Minn. State Farm Group 18.2
Miss. State Farm Group 21.0
Mo. State Farm Group 17.8
Mont. State Farm Group 17.4
Neb. State Farm Group 19.8
Nev. Farmers Ins Group 12.8
N.H. State Farm Group 12.6
N.J. Allstate Ins Group 11.7
N.M. State Farm Group 18.7
N.Y. Berkshire Hathaway Ins 15.9
N.C. Nationwide Group 17.6
N.D. State Farm Group 13.1
Ohio State Farm Group 15.6
Okla. State Farm Group 18.0
Ore. State Farm Group 15.7
Pa. State Farm Group 14.9
R.I. Progressive Ins Group 17.6
S.C. State Farm Group 21.6
S.D. State Farm Group 15.9
Tenn. State Farm Group 19.2
Texas State Farm Group 17.3
Utah State Farm Group 14.3
Vt. Progressive Ins Group 15.6
Va. State Farm Group 13.7
Wash. State Farm Group 13.1
W.Va. State Farm Group 22.6
Wis. Amer Family Ins Group 21.0
Wyo. State Farm Group 18.2
U.S.
Total State Farm Group 14.7
%
Market
State Second Leader Share
Ala. Alfa Ins Group 13.7
Alaska Berkshire Hathaway Ins 19.1
Ariz. Farmers Ins Group 10.6
Ark. Southern Farm Bureau Group 13.1
Calif. Mercury Gen Group 8.8
Colo. Farmers Ins Group 11.7
Conn. Progressive Ins Group 9.6
Del. State Farm Group 18.8
D.C. State Farm Group 17.2
Fla. Allstate Ins Group 12.4
Ga. Progressive Ins Group 13.3
Hawaii State Farm Group 14.0
Idaho State Farm Group 12.0
Ill. Allstate Ins Group 9.1
Ind. Progressive Ins Group 7.8
Iowa Nationwide Group 11.5
Kan. Amer Family Ins Group 13.0
Ky. KY Farm Bureau Group 15.5
La. Allstate Ins Group 12.7
Maine State Farm Group 10.0
Md. Berkshire Hathaway Ins 15.8
Mass. Safety Group 11.1
Mich. Auto Club Group 13.3
Minn. Progressive Ins Group 11.8
Miss. Progressive Ins Group 12.7
Mo. Amer Family Ins Group 14.4
Mont. Farmers Ins Group 11.8
Neb. Progressive Ins Group 9.6
Nev. State Farm Group 11.9
N.H. Liberty Mutual Ins Cos 11.8
N.J. NJM Ins Group 11.6
N.M. Farmers Ins Group 13.8
N.Y. Allstate Ins Group 15.6
N.C. State Farm Group 11.0
N.D. Progressive Ins Group 9.6
Ohio Progressive Ins Group 11.2
Okla. Farmers Ins Group 14.4
Ore. Farmers Ins Group 15.7
Pa. Ede Ins Group 12.7
R.I. Allstate Ins Group 8.9
S.C. Allstate Ins Group 12.7
S.D. Progressive Ins Group 12.6
Tenn. TN Farmers Ins Cos 13.5
Texas Nlstate Ins Group 11.8
Utah Farmers Ins Group 13.2
Vt. State Farm Group 7.3
Va. Berkshire Hathaway Ins 12.6
Wash. Farmers Ins Group 12.3
W.Va. Nationwide Group 20.3
Wis. State Farm Group 10.3
Wyo. Progressive Ins Group 11.4
U.S.
Total Allstate Ins Group 9.1
(1) ALR: Adjusted loss ratio is direct losses incurred divided by
the difference between direct premiums earned and dividends paid to
policyholders.
(2) DDCCE: Direct defense and cost-containment expense ratio is the
former allocated loss adjustment expense (ALAE) ratio.
(3) Insurers that distribute primarily through independent agents.
(4) Insurers that distribute primarily through a direct-selling system
or an exclusive agency system.
Source: A.M. Best Statement Products: State/Line. For more information
about custom data, call (908) 439-2200, Ext. 5383.
U.S. Auto Physical Damage--Top Writers by State
Rank based on direct premiums written in 2006.
($ Thousands)
Direct % of
No. of Premiums U.S. Premium
State Rank Cos. Written Total % Change
Ala. 23 445 $51,183,066 1.6 2.8
Alaska 50 251 173,737 0.2 -1.6
Ariz. 13 498 1,747,635 2.4 4.1
Ark. 32 433 702,825 1.0 0.8
Calif. 1 478 9,710,482 13.2 4.3
Colo. 21 435 1,309,000 1.8 -2.7
Conn. 26 356 951,956 1.3 -1.6
Del. 45 347 219,240 0.3 -1.6
D.C. 51 283 127,174 0.2 0.5
Fla. 3 523 4,230,360 5.8 6.4
Ga. 8 538 2,706,541 3.7 3.4
Hawaii 42 183 270,292 0.4 6.2
Idaho 40 372 326,235 0.4 2.7
Ill. 7 567 2,867,771 3.9 -0.7
Ind. 18 550 1,361,250 1.9 -3.9
Iowa 31 450 723,475 1.0 -1.9
Kan. 30 433 736,095 1.0 -3.2
Ky. 27 442 875,059 1.2 0.6
La. 22 403 1,272,051 1.7 1.8
Maine 41 307 322,564 0.4 -1.4
Md. 15 443 1,617,934 2.2 -0.6
Mass. 14 247 1,732,690 2.4 -3.8
Mich. 6 409 3,049,424 4.1 -5.7
Minn. 20 432 1,314,394 1.8 -5.2
Miss. 33 432 690,003 0.9 4.2
Mo. 17 504 1,392,995 1.9 -1.3
Mont. 43 353 262,788 0.4 0.1
Neb. 37 409 456,397 0.6 -5.7
Nev. 34 409 663,457 0.9 8.0
N.H. 39 309 367,814 0.5 -1.0
N.J. 10 376 2,299,166 3.1 -5.6
N.M. 38 372 447,674 0.6 2.2
N.Y 4 454 3,603,463 4.9 -0.2
N.C. 11 407 2,031,003 2.8 -2.2
N.D. 47 343 196,268 0.3 -3.6
Ohio 9 542 2,430,098 3.3 -2.1
Okla. 28 442 839,113 1.1 1.6
Ore. 29 442 745,824 1.0 -0.8
Pa. 5 529 3,159,694 4.3 -1.4
R.I. 44 306 255,228 0.3 -1.2
S.C. 25 448 1,041,357 1.4 4.3
S.D. 46 361 203,278 0.3 -2.3
Tenn. 16 511 1,403,467 1.9 1.3
Texas 2 534 5,764,670 7.8 3.0
Utah 35 399 547,410 0.7 5.6
Vt. 48 297 175,159 0.2 -1.1
Va. 12 484 1,891,419 2.6 -1.7
Wash. 19 437 1,345,512 1.8 -3.7
W.Va. 36 335 457,106 0.6 -0.7
Wis. 24 501 1,157,462 1.6 -4.6
Wyo. 49 312 174,989 0.2 3.7
U.S.
Total 1,396 $73,534,062 100.0 0.3
Market Share
Agency Direct
State ALR (1) DDCCE (2) Writer (3) Writer (4)
Ala. 61.1 0.5 28.9 71.1
Alaska 44.1 -1.0 24.8 75.2
Ariz. 56.3 0.5 28.1 71.9
Ark. 61.1 0.5 27.6 72.4
Calif. 56.8 0.6 38.6 61.4
Colo. 45.6 0.4 26.4 73.6
Conn. 51.7 0.4 46.3 53.7
Del. 56.4 0.5 28.6 71.4
D.C. 49.9 0.5 20.4 79.6
Fla. 59.9 0.5 38.1 61.9
Ga. 49.4 0.3 32.7 67.3
Hawaii 53.3 0.6 43.7 56.3
Idaho 50.9 0.1 31.8 68.2
Ill. 56.0 0.5 29.2 70.8
Ind. 66.2 0.4 39.7 60.3
Iowa 49.0 0.2 43.2 56.8
Kan. 64.7 0.4 26.6 73.4
Ky. 54.9 0.2 36.4 63.6
La. 48.3 0.6 28.5 71.5
Maine 45.4 0.4 49.7 50.3
Md. 55.7 0.4 28.1 71.9
Mass. 54.1 0.7 77.5 22.5
Mich. 57.5 0.4 44.8 55.2
Minn. 54.5 0.4 34.7 65.3
Miss. 53.4 0.6 32.8 67.2
Mo. 74.4 0.4 27.8 72.2
Mont. 50.2 0.4 47.9 52.1
Neb. 44.7 0.3 35.7 64.3
Nev. 63.7 0.6 26.3 73.7
N.H. 55.1 0.3 40.1 59.9
N.J. 44.7 0.5 37.9 62.1
N.M. 52.9 0.6 30.3 69.7
N.Y 50.4 0.5 35.5 64.5
N.C. 52.9 0.3 34.2 65.8
N.D. 43.6 0.3 46.9 53.1
Ohio 54.6 0.3 47.7 52.3
Okla. 51.4 0.6 32.9 67.1
Ore. 56.6 0.6 30.6 69.4
Pa. 51.7 0.4 44.0 56.0
R.I. 43.4 0.2 41.5 58.5
S.C. 54.9 0.4 29.6 70.4
S.D. 46.6 0.2 48.4 51.6
Tenn. 64.8 0.4 29.2 70.8
Texas 57.7 0.7 31.6 68.4
Utah 53.9 0.4 26.8 73.2
Vt. 43.9 0.2 50.9 49.1
Va. 55.1 0.4 28.3 71.7
Wash. 56.8 0.7 37.4 62.6
W.Va. 43.6 0.4 32.0 68.0
Wis. 60.6 0.3 45.9 54.1
Wyo. 50.8 0.3 36.1 63.9
U.S.
Total 55.3 0.5 36.5 63.5
%
Market
State Leading Writer Share
Ala. State Farm Group 22.7
Alaska State Farm Group 20.8
Ariz. State Farm Group 15.6
Ark. State Farm Group 21.3
Calif. State Farm Group 12.5
Colo. State Farm Group 20.6
Conn. Allstate Ins Group 14.3
Del. State Farm Group 19.1
D.C. Berkshire Hathaway Ins 34.3
Fla. State Farm Group 19.6
Ga. State Farm Group 22.4
Hawaii Berkshire Hathaway Ins 19.8
Idaho State Farm Group 13.7
Ill. State Farm Group 27.5
Ind. State Farm Group 20.7
Iowa State Farm Group 18.2
Kan. State Farm Group 19.3
Ky. KY Farm Bureau Group 19.3
La. State Farm Group 30.9
Maine Allstate Ins Group 10.9
Md. Berkshire Hathaway Ins 19.1
Mass. Commerce Group 29.4
Mich. Auto Club Group 17.3
Minn. State Farm Group 21.0
Miss. State Farm Group 22.8
Mo. State Farm Group 21.7
Mont. State Farm Group 16.2
Neb. State Farm Group 22.4
Nev. Farmers Ins Group 13.3
N.H. Liberty Mutual Ins Cos 12.6
N.J. Allstate Ins Group 16.3
N.M. State Farm Group 16.0
N.Y Berkshire Hathaway Ins 19.7
N.C. Nationwide Group 19.6
N.D. State Farm Group 13.8
Ohio State Farm Group 18.3
Okla. State Farm Group 18.7
Ore. State Farm Group 19.1
Pa. State Farm Group 18.4
R.I. Progressive Ins Group 14.8
S.C. State Farm Group 22.7
S.D. State Farm Group 16.7
Tenn. State Farm Group 22.1
Texas State Farm Group 20.1
Utah Allstate Ins Group 19.2
Vt. Progressive Ins Group 12.6
Va. State Farm Group 16.4
Wash. State Farm Group 14.5
W.Va. State Farm Group 27.7
Wis. Amer Family Ins Group 22.6
Wyo. State Farm Group 19.9
U.S.
Total State Farm Group 16.8
%
Market
State Second Leader Share
Ala. Alfa Ins Group 15.9
Alaska Allstate Ins Group 18.3
Ariz. Allstate Ins Group 11.8
Ark. Southern Farm Bureau Group 15.3
Calif. Auto Club Enterprises Ins Group 9.1
Colo. Farmers Ins Group 11.9
Conn. Berkshire Hathaway Ins 9.3
Del. Nationwide Group 17.9
D.C. State Farm Group 18.2
Fla. Allstate Ins Group 14.5
Ga. Allstate Ins Group 12.0
Hawaii State Farm Group 14.6
Idaho Allstate Ins Group 11.7
Ill. Allstate Ins Group 14.5
Ind. United Farm Bureau IN 8.9
Iowa Nationwide Group 11.9
Kan. Amer Family Ins Group 14.1
Ky. State Farm Group 18.6
La. Allstate Ins Group 16.1
Maine State Farm Group 10.2
Md. State Farm Group 18.7
Mass. Safety Group 11.4
Mich. State Farm Group 16.3
Minn. Amer Family Ins Group 13.0
Miss. Southern Farm Bureau Group 14.3
Mo. Amer Family Ins Group 16.7
Mont. Farmers Ins Group 11.0
Neb. Amer Family Ins Group 8.7
Nev. State Farm Group 13.2
N.H. State Farm Group 11.9
N.J. NJM Ins Group 12.9
N.M. Farmers Ins Group 14.9
N.Y Allstate Ins Group 18.0
N.C. State Farm Group 12.2
N.D. Amer Family Ins Group 12.5
Ohio Progressive Ins Group 10.8
Okla. Farmers Ins Group 14.9
Ore. Farmers Ins Group 15.5
Pa. Allstate Ins Group 13.9
R.I. Allstate Ins Group 13.9
S.C. Allstate Ins Group 15.3
S.D. Amer Family Ins Group 13.4
Tenn. TN Farmers Ins Cos 18.1
Texas Allstate Ins Group 13.7
Utah State Farm Group 14.3
Vt. Allstate Ins Group 9.6
Va. Berkshire Hathaway Ins 13.0
Wash. Allstate Ins Group 12.5
W.Va. Nationwide Group 19.9
Wis. State Farm Group 12.5
Wyo. Farmers Ins Group 10.9
U.S.
Total Allstate Ins Group 11.0
(1) ALR: Adjusted loss ratio is direct losses incurred divided by
the difference between direct premiums earned and dividends paid to
policyholders.
(2) DDCCE: Direct defense and cost-containment expense ratio is the
former allocated loss adjustment expense (ALAE) ratio.
(3) Insurers that distribute primarily through independent agents.
(4) Insurers that distribute primarily through a direct-selling system
or an exclusive agency system.
Source: A.M. Best Statement Products: State/Line. For more information
about custom data, call (908) 439-2200, Ext. 5383.
U.S. Private Passenger Auto--Top Writers by State
Rank based on direct premiums written in 2006.
(S Thousands)
Direct % of
No. of Premiums U.S. Premium
State Rank Cos. Written Total % Change
Ala. 26 289 $2,232,534 1.4 2.1
Alaska 46 139 395,926 0.2 1.8
Ariz. 15 347 3,566,364 2.2 4.9
Ark. 31 271 1,406,740 0.9 1.0
Calif. 1 338 19,842,734 12.2 2.8
Colo. 22 301 2,736,208 1.7 -1.7
Conn. 24 252 2,366,201 1.5 -1.3
Del. 44 215 619,211 0.4 1.6
D.C. 51 191 255,104 0.2 -0.1
Fla. 2 380 12,652,221 7.8 3.3
Ga. 9 361 5,270,420 3.3 3.8
Hawaii 41 116 664,162 0.4 2.8
Idaho 42 240 657,289 0.4 3.3
Ill. 8 409 5,706,973 3.5 -0.2
Ind. 21 380 2,745,079 1.7 -2.2
Iowa 34 300 1,265,899 0.8 -1.6
Kan. 33 298 1,323,763 0.8 -1.5
Ky. 27 306 2,187,362 1.3 0.7
La. 17 266 2,851,702 1.8 -3.7
Maine 43 197 655,163 0.4 -0.7
Md. 14 283 3,696,975 2.3 0.1
Mass. 11 145 4,268,317 2.6 -6.2
Mich. 6 252 6,062,411 3.7 -3.2
Minn. 18 301 2,770,143 1.7 -3.2
Miss. 32 273 1,388,693 0.9 7.0
Mo. 19 350 2,768,029 1.7 -0.3
Mont. 45 213 511,814 0.3 1.4
Neb. 38 280 850,597 0.5 -3.3
Nev. 30 265 1,698,262 1.0 7.7
N.H. 39 192 720,683 0.4 0.4
N.J. 7 238 5,913,642 3.6 -2.3
N.M. 37 236 1,018,470 0.6 2.8
N.Y. 4 350 9,982,643 6.2 -2.6
N.C. 12 263 4,195,429 2.6 1.2
N.D. 49 229 309,598 0.2 -1.8
Ohio 10 402 5,207,750 3.2 -2.0
Okla. 29 287 1,732,326 1.1 0.8
Ore. 28 287 1,933,442 1.2 1.3
Pa. 5 355 7,015,450 4.3 -0.9
R.I. 40 211 703,144 0.4 -2.3
S.C. 23 264 2,406,609 1.5 3.1
S.D. 47 226 347,453 0.2 -1.2
Tenn. 20 343 2,751,664 1.7 2.0
Texas 3 382 11,753,575 7.3 1.7
Utah 35 263 1,171,833 0.7 3.8
Vt. 48 187 322,632 0.2 -0.9
Va. 13 341 4,057,012 2.5 -0.1
Wash. 16 299 3,514,635 2.2 0.3
W.Va. 36 198 1,052,552 0.6 -2.8
Wis. 25 355 2,237,876 1.4 -2.8
Wyo. 50 186 293,230 0.2 2.4
U.S.
Total 1,188 $162,057,948 100.0 0.3
Market Share
Agency Direct
State ALR (1) DDCCE (2) Writer (3) Writer (4)
Ala. 61.5 1.8 22.5 77.5
Alaska 52.1 3.3 21.0 79.0
Ariz. 58.7 1.6 26.2 73.8
Ark. 60.1 1.1 21.4 78.6
Calif. 55.8 2.3 36.6 63.4
Colo. 52.1 2.0 23.1 76.9
Conn. 55.4 2.2 45.7 54.3
Del. 61.7 2.6 22.3 77.7
D.C. 54.6 1.8 21.0 79.0
Fla. 62.3 2.9 34.2 65.8
Ga. 58.8 1.3 32.0 68.0
Hawaii 48.5 1.0 40.6 59.4
Idaho 54.0 1.3 26.1 73.9
Ill. 57.8 3.2 25.8 74.2
Ind. 62.1 2.6 36.0 64.0
Iowa 51.5 1.6 36.4 63.6
Kan. 62.9 1.5 22.0 78.0
Ky. 57.8 1.5 32.3 67.7
La. 56.3 3.1 25.3 74.7
Maine 48.0 0.9 49.5 50.5
Md. 58.7 1.6 27.3 72.7
Mass. 49.1 1.9 76.0 24.0
Mich. 67.9 3.0 41.8 58.2
Minn. 52.2 3.0 30.1 69.9
Miss. 56.3 1.4 26.3 73.7
Mo. 66.9 2.1 23.7 76.3
Mont. 56.2 2.2 38.8 61.2
Neb. 50.4 1.6 28.3 71.7
Nev. 69.0 2.4 23.0 77.0
N.H. 53.5 1.5 36.5 63.5
N.J. 61.2 6.3 35.4 64.6
N.M. 57.3 1.6 25.2 74.8
N.Y. 51.2 4.1 34.8 65.2
N.C. 64.6 0.9 29.5 70.5
N.D. 46.6 1.5 42.2 57.8
Ohio 53.4 1.9 45.2 54.8
Okla. 56.2 1.5 27.6 72.4
Ore. 59.7 2.3 28.0 72.0
Pa. 59.7 1.9 42.1 57.9
R.I. 51.8 2.6 39.9 60.1
S.C. 57.9 1.2 24.7 75.3
S.D. 50.3 2.1 42.9 57.1
Tenn. 64.0 1.8 24.0 76.0
Texas 58.7 1.9 28.6 71.4
Utah 60.0 1.4 20.8 79.2
Vt. 49.4 0.8 48.6 51.4
Va. 58.6 1.4 25.7 74.3
Wash. 63.3 2.9 35.3 64.7
W.Va. 55.0 1.8 29.5 70.5
Wis. 60.4 2.8 39.9 60.1
Wyo. 55.4 1.0 30.3 69.7
U.S.
Total 58.2 2.4 33.7 66.3
%
Market
State Leading Writer Share
Ala. State Farm Group 24.5
Alaska State Farm Group 24.7
Ariz. State Farm Group 15.6
Ark. State Farm Group 22.6
Calif. State Farm Group 12.7
Colo. State Farm Group 21.0
Conn. Allstate Ins Group 13.4
Del. Nationwide Group 22.1
D.C. Berkshire Hathaway Ins 33.8
Fla. State Farm Group 21.5
Ga. State Farm Group 22.7
Hawaii Berkshire Hathaway Ins 21.7
Idaho State Farm Group 14.6
Ill. State Farm Group 29.5
Ind. State Farm Group 22.3
Iowa State Farm Group 20.0
Kan. State Farm Group 21.0
Ky. State Farm Group 19.9
La. State Farm Group 33.2
Maine Progressive Ins Group 11.9
Md. Berkshire Hathaway Ins 19.6
Mass. Commerce Group 31.5
Mich. State Farm Group 18.9
Minn. State Farm Group 21.7
Miss. State Farm Group 25.8
Mo. State Farm Group 22.6
Mont. State Farm Group 20.3
Neb. State Farm Group 24.9
Nev. Farmers Ins Group 14.6
N.H. State Farm Group 14.0
N.J. Allstate Ins Group 15.1
N.M. State Farm Group 20.0
N.Y. Berkshire Hathaway Ins 20.6
N.C. Nationwide Group 20.8
N.D. State Farm Group 16.0
Ohio State Farm Group 19.0
Okla. State Farm Group 21.0
Ore. State Farm Group 18.8
Pa. State Farm Group 18.6
R.I. Progressive Ins Group 17.2
S.C. State Farm Group 24.8
S.D. State Farm Group 19.2
Tenn. State Farm Group 23.6
Texas State Farm Group 20.9
Utah Allstate Ins Group 18.3
Vt. Progressive Ins Group 14.7
Va. State Farm Group 16.6
Wash. State Farm Group 15.0
W.Va. State Farm Group 27.5
Wis. Amer Family Ins Group 26.7
Wyo. State Farm Group 22.7
U.S.
Total State Farm Group 17.6
%
Market
State Second Leader Share
Ala. Alfa Ins Group 17.6
Alaska Berkshire Hathaway Ins 19.8
Ariz. Farmers Ins Group 12.3
Ark. Southern Farm Bureau Group 16.0
Calif. Mercury Gen Group 9.7
Colo. Farmers Ins Group 13.4
Conn. Berkshire Hathaway Ins 10.3
Del. State Farm Group 21.8
D.C. State Farm Group 19.8
Fla. Allstate Ins Group 14.3
Ga. Allstate Ins Group 12.1
Hawaii State Farm Group 16.4
Idaho Farmers Ins Group 13.5
Ill. Allstate Ins Group 13.5
Ind. United Farm Bureau IN 9.5
Iowa Nationwide Group 12.9
Kan. Amer Family Ins Group 16.0
Ky. KY Farm Bureau Group 19.2
La. Allstate Ins Group 16.4
Maine State Farm Group 11.6
Md. State Farm Group 19.1
Mass. Safety Group 11.2
Mich. Auto Club Group 17.1
Minn. Amer Family Ins Group 14.2
Miss. Southern Farm Bureau Group 15.3
Mo. Amer Family Ins Group 18.4
Mont. Farmers Ins Group 13.9
Neb. Amer Family Ins Group 11.0
Nev. State Farm Group 13.7
N.H. Liberty Mutual Ins Cos 11.8
N.J. NJM Ins Group 13.3
N.M. Farmers Ins Group 16.4
N.Y. Allstate Ins Group 18.5
N.C. State Farm Group 13.0
N.D. Amer Family Ins Group 13.7
Ohio Progressive Ins Group 12.2
Okla. Farmers Ins Group 17.2
Ore. Farmers Ins Group 17.3
Pa. Allstate Ins Group 14.3
R.I. Allstate Ins Group 11.9
S.C. Allstate Ins Group 15.7
S.D. Progressive Ins Group 15.5
Tenn. TN Farmers Ins Cos 18.3
Texas Allstate Ins Group 14.5
Utah State Farm Group 16.4
Vt. Allstate Ins Group 10.0
Va. Berkshire Hathaway Ins 14.6
Wash. Farmers Ins Group 13.3
W.Va. Nationwide Group 21.8
Wis. State Farm Group 13.3
Wyo. Farmers Ins Group 13.4
U.S.
Total Allstate Ins Group 11.3
(1) ALR: Adjusted loss ratio is direct losses incurred divided by
the difference between direct premiums earned and dividends paid
to policyholders.
(2) DDCCE: Direct defense and cost-containment expense ratio is the
former allocated loss adjustment expense (ALAE) ratio.
(3) Insurers that distribute primarily through independent agents.
(4) Insurers that distribute primarily through a direct-selling system
or an exclusive agency system.
Source: A.M. Best Statement Products: State/Line. For more information
about custom data, call (908) 439-2200, Ext. 5383.
U.S. All Commercial Auto--Top Writers by State
Rank based on direct premiums written in 2006.
($ Thousands)
Direct % of
No. of Premiums U.S. Premium
State Rank Cos. Written Total % Change
Ala. 24 391 $463,902 1.6 -0.9
Alaska 49 238 80,151 0.3 -4.7
Ariz. 18 395 554,725 1.9 5.3
Ark. 32 382 268,000 0.9 -22.8
Calif. 1 407 3,176,131 10.6 3.2
Colo. 23 368 474,700 1.6 -2.0
Conn. 25 321 405,512 1.4 -2.4
Del. 45 320 113,887 0.4 -6.8
D.C. 51 266 34,650 0.1 -5.3
Fla. 2 428 2,221,295 7.4 5.2
Ga. 9 445 915,416 3.1 3.1
Hawaii 43 199 120,536 0.4 5.2
Idaho 39 325 151,552 0.5 5.3
Ill. 7 463 1,204,750 4.0 -3.1
Ind. 15 443 615,524 2.1 -3.2
Iowa 29 387 358,316 1.2 -0.2
Kan. 34 364 258,740 0.9 -2.5
Ky. 27 394 383,229 1.3 -1.9
La. 17 364 572,421 1.9 4.2
Maine 40 266 145,264 0.5 -3.0
Md. 16 392 579,743 1.9 -0.4
Mass. 11 278 803,030 2.7 -2.3
Mich. 10 378 810,467 2.7 -7.3
Minn. 22 373 515,404 1.7 -6.1
Miss. 31 375 324,794 1.1 4.0
Mo. 14 417 625,203 2.1 2.7
Mont. 42 316 139,107 0.5 3.3
Neb. 36 352 215,014 0.7 -4.5
Nev. 33 339 263,594 0.9 5.4
N.H. 41 270 141,885 0.5 -0.9
N.J. 6 357 1,226,375 4.1 -4.1
N.M. 37 327 183,774 0.6 4.7
N.Y. 4 391 2,066,090 6.9 -2.1
N.C. 12 394 781,228 2.6 -1.1
N.D. 47 310 85,031 0.3 0.4
Ohio 8 438 945,863 3.2 -4.1
Okla. 28 379 358,471 1.2 0.5
Ore. 30 365 335,260 1.1 2.3
Pa. 5 451 1,271,041 4.3 -3.6
R.I. 44 279 114,475 0.4 3.9
S.C. 26 381 405,080 1.4 4.5
S.D. 46 315 97,150 0.3 -0.4
Tenn. 19 430 553,563 1.9 -2.0
Texas 3 479 2,149,511 7.2 4.7
Utah 35 329 251,746 0.8 10.9
Vt. 50 269 71,407 0.2 -1.8
Va. 13 405 663,769 2.2 -1.8
Wash. 21 374 525,599 1.8 0.3
W.Va. 38 313 174,521 0.6 0.1
Wis. 20 408 552,196 1.9 -2.9
Wyo. 48 285 84,709 0.3 11.5
U.S.
Total 1,063 $29,833,800 100.0 -0.1
Market Share
Agency Direct
State ALR (1) DDCCE (2) Writer (3) Writer (4)
Ala. 66.8 5.5 80.6 19.4
Alaska 20.1 -4.4 66.3 33.7
Ariz. 57.0 4.2 69.8 30.2
Ark. 53.1 3.9 73.4 26.6
Calif. 45.7 4.9 75.5 24.5
Colo. 45.5 4.1 71.3 28.7
Conn. 48.1 2.9 81.2 18.8
Del. 61.1 5.3 78.3 21.7
D.C. 23.6 2.8 77.5 22.5
Fla. 58.3 4.8 78.6 21.4
Ga. 58.9 4.0 74.3 25.7
Hawaii 39.7 3.2 90.9 9.1
Idaho 50.2 3.3 70.9 29.1
Ill. 50.1 4.1 80.1 19.9
Ind. 55.8 3.3 75.3 24.7
Iowa 50.5 3.0 78.9 21.1
Kan. 47.1 1.9 70.7 29.3
Ky. 53.3 4.3 76.2 23.8
La. 61.8 8.4 77.3 22.7
Maine 39.5 1.5 75.0 25.0
Md. 49.5 2.5 78.8 21.2
Mass. 46.4 2.9 94.1 5.9
Mich. 47.0 3.5 80.2 19.8
Minn. 44.3 2.6 77.5 22.5
Miss. 51.5 5.0 80.7 19.3
Mo. 56.4 3.6 74.4 25.6
Mont. 50.7 3.5 78.2 21.8
Neb. 44.9 1.8 75.2 24.8
Nev. 71.7 9.4 73.6 26.4
N.H. 48.3 2.4 75.1 24.9
N.J. 56.2 5.1 79.1 20.9
N.M. 55.0 4.2 72.1 27.9
N.Y. 49.3 5.5 80.1 19.9
N.C. 56.5 2.9 74.3 25.7
N.D. 43.6 2.8 76.3 23.7
Ohio 44.1 3.3 80.2 19.8
Okla. 52.6 3.3 79.4 20.6
Ore. 49.5 3.5 69.1 30.9
Pa. 52.2 4.3 77.6 22.4
R.I. 38.8 2.7 84.8 15.2
S.C. 54.0 3.6 75.8 24.2
S.D. 50.7 5.1 74.2 25.8
Tenn. 51.4 3.4 79.3 20.7
Texas 56.3 5.1 77.7 22.3
Utah 52.8 3.0 73.8 26.2
Vt. 45.9 3.2 73.8 26.2
Va. 50.4 2.8 75.2 24.8
Wash. 55.4 4.1 76.4 23.6
W.Va. 55.2 4.7 69.6 30.4
Wis. 45.7 0.7 79.6 20.4
Wyo. 48.1 3.0 73.3 26.7
U.S.
Total 51.8 4.2 77.6 22.4
%
Market
State Leading Writer Share
Ala. Progressive Ins Group 11.4
Alaska AK Natl Ins Co 14.4
Ariz. Nationwide Group 9.2
Ark. Travelers Ins Cos 9.2
Calif. Progressive Ins Group 8.9
Colo. Travelers Ins Cos 9.7
Conn. Travelers Ins Cos 9.0
Del. Progressive Ins Group 7.3
D.C. Travelers Ins Cos 18.8
Fla. Progressive Ins Group 15.1
Ga. Progressive Ins Group 11.6
Hawaii CNA Ins Cos 21.6
Idaho Travelers Ins Cos 8.5
Ill. Travelers Ins Cos 7.2
Ind. Liberty Mutual Ins Cos 8.6
Iowa Old Republic General Ins 11.3
Kan. Nationwide Group 8.9
Ky. Liberty Mutual Ins Cos 8.4
La. Travelers Ins Cos 10.2
Maine W.R. Berkley Group 12.2
Md. Erie Ins Group 7.7
Mass. Travelers Ins Cos 13.5
Mich. Auto-Owners Ins Group 11.0
Minn. Old Republic General Ins 12.3
Miss. Progressive Ins Group 11.7
Mo. Zurich AM Svcs NA Group 20.0
Mont. Travelers Ins Cos 11.4
Neb. Old Republic General Ins 13.0
Nev. Progressive Ins Group 9.4
N.H. Liberty Mutual Ins Cos 13.8
N.J. Selective Ins Group 7.8
N.M. Travelers Ins Cos 8.4
N.Y. Amer Transit Ins Co 8.9
N.C. Travelers Ins Cos 7.0
N.D. Old Republic General Ins 16.8
Ohio Cincinnati Ins Cos 8.5
Okla. Travelers Ins Cos 8.4
Ore. Safeco Ins Cos 8.7
Pa. Erie Ins Group 9.7
R.I. Progressive Ins Group 13.7
S.C. Zurich Finl Svcs NA Group 7.4
S.D. Old Republic General Ins 15.0
Tenn. Travelers Ins Cos 7.4
Texas Amer Intl Group, Inc 8.3
Utah Old Republic General Ins 9.1
Vt. W.R. Berkley Group 12.5
Va. Progressive Ins Group 9.5
Wash. Safeco Ins Cos 10.1
W.Va. Travelers Ins Cos 12.5
Wis. Acuity A Mutual Ins Co 8.0
Wyo. Old Republic General Ins 12.2
U.S.
Total Travelers Ins Cos 6.8
%
Market
State Second Leader Share
Ala. Auto-Owners Ins Group 8.8
Alaska Berkshire Hathaway Ins 13.4
Ariz. Zurich Finl Svcs NA Group 6.0
Ark. Progressive Ins Group 9.1
Calif. Travelers Ins Cos 6.4
Colo. Zurich Finl Svcs NA Group 6.4
Conn. Hartford Ins Group 8.8
Del. Zurich Finl Svcs NA Group 6.8
D.C. Liberty Mutual Ins Cos 11.3
Fla. Auto-Owners Ins Group 6.7
Ga. Travelers Ins Cos 6.3
Hawaii Island Ins Group 13.9
Idaho Old Republic General Ins 6.3
Ill. Kingsway America Group 7.2
Ind. Travelers Ins Cos 7.1
Iowa Travelers Ins Cos 7.8
Kan. Old Republic General Ins 7.1
Ky. Travelers Ins Cos 7.9
La. Progressive Ins Group 9.8
Maine White Mountains Ins Group 11.7
Md. Progressive Ins Group 7.4
Mass. Commerce Group 12.7
Mich. Cherokee Ins Co 5.7
Minn. Auto-Owners Ins Group 8.5
Miss. Travelers Ins Cos 9.4
Mo. Travelers Ins Cos 5.7
Mont. Progressive Ins Group 8.9
Neb. Travelers Ins Cos 8.6
Nev. Zurich Finl Svcs NA Group 7.6
N.H. W.R. Berkley Group 13.6
N.J. Progressive Ins Group 6.5
N.M. Progressive Ins Group 7.4
N.Y. Travelers Ins Cos 6.6
N.C. Zurich Finl Svcs NA Group 6.5
N.D. Travelers Ins Cos 6.3
Ohio Westfield Group 6.0
Okla. Progressive Ins Group 8.3
Ore. Liberty Mutual Ins Cos 8.0
Pa. Zurich Finl Svcs NA Group 6.9
R.I. Travelers Ins Cos 12.4
S.C. Auto-Owners Ins Group 6.7
S.D. Travelers Ins Cos 6.4
Tenn. Zurich Finl Svcs NA Group 5.7
Texas Progressive Ins Group 6.4
Utah Travelers Ins Cos 7.4
Vt. Progressive Ins Group 12.4
Va. Nationwide Group 8.0
Wash. Travelers Ins Cos 7.6
W.Va. Nationwide Group 10.1
Wis. Travelers Ins Cos 7.5
Wyo. Travelers Ins Cos 11.4
U.S.
Total Progressive Ins Group 6.6
(1) ALR: Adjusted loss ratio is direct losses incurred divided by
the difference between direct premiums earned and dividends paid to
policyholders.
(2) DDCCE: Direct defense and cost-containment expense ratio is the
former allocated loss adjustment expense (ALAE) ratio.
(3) Insurers that distribute primarily through independent agents.
(4) Insurers that distribute primarily through a direct-selling
system or an exclusive agency system.
Source: A.M. Best Statement Products: State/Line. For more information
about custom data, call (908) 439-2200, Ext. 5383.
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