Largest Auto Insurance Premium Writers

The Insurance Information Institute, New York, N.Y., has released its 2005 ranking of the insurance companies for private passenger auto insurance. Following are the ranking by the amount of direct premiums written for last year.

LEADING WRITERS OF PRIVATE PASSENGER AUTO INSURANCE
BY DIRECT PREMIUMS WRITTEN, 2005

($000)

Rank Company/Group Direct premiums written (1) Market share (percent)
1 State Farm Mutual Group $29,471,232 18.0%
2 Allstate Insurance Co. Group 18,131,607 11.1
3 Progressive Casualty Group 12,052,274 7.4
4 National Indemnity Co. Group (Berkshire Hathaway) 10,101,325 6.2
5 Farmers Insurance Group 8,022,571 4.9
6 Nationwide Group 7,476,013 4.6
7 United Services Automobile Association Group 5,763,031 3.5
8 American International Group 5,005,409 3.1
9 Liberty Mutual Group 4,260,914 2.6
10 American Family Insurance Group 3,589,038 2.2

(1) After reinsurance transactions, excluding state funds.

Source: NAIC Annual Statement Database, via National Underwriter Insurance Data Services/Highline Data.