Top Stories
The 10 Largest P&C and Personal Lines Insurers There aren’t many surprises in the Federal Insurance Office’s (FIO) annual report. It’s the one required by the FIO’s charter and is the report to Congress on which insurers are the biggest, and who is doing the best in terms of market share and income. As an important note, the report tallies the total figures from 2013 and not 2014. In 2013, State Farm — at 10.29% of market share — tops the list as the biggest P&C insurer. That’s up from the 10.24% of market share in 2013. Liberty Mutual is second but it’s a long way back second with a market share of 5.31%. Third is Allstate with 5.07%. Berkshire Hathaway saw the most improvement jumping from sixth in 2013 to fourth in 2014.
March 2015 | Main Street Industry News | www.pianeia.com | 20