Top U.S. Individual Property and Casualty Companies

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Top U.S. Individual Property and Casualty Companies

Top U.S. Individual Property and Casualty Companies
By net premiums written during the first quarter of 2003. Dollars in thousands
Published June 19, 2003
Rank   1Q 2003 Year earlier Change
1 State Farm Mutual Auto Insurance Co. Bloomington, Ill. $8,095,655 $7,311,621 10.72%
2 Allstate Insurance Co. Northbrook, Ill. 5,459,787 5,266,226 3.68
3 Nationwide Mutual Insurance Co. Columbus, Ohio 2,938,327 2,250,325 30.57
4 State Farm Fire and Casualty Co. Bloomington, Ill. 2,025,614 1,721,965 17.63
5 Zurich American Insurance Co. Schaumburg, Ill. 1,807,092 1,947,068 -7.19
6 Continental Casualty Co. Chicago 1,786,128 1,137,075 57.08
7 Liberty Mutual Insurance Co. Boston 1,665,657 1,444,117 15.34
8 Federal Insurance Co. Warren, N.J. 1,572,881 1,291,846 21.75
9 Government Employees Insurance Co. Washington 1,455,388 1,268,201 14.76
10 Progressive Casualty Insurance Co. Mayfield Village, Ohio 1,413,498 1,073,809 31.63
11 National Union Fire Insurance Co. of Pittsburgh New York 1,369,776 999,554 37.04
12 American Home Assurance Co. New York 1,352,020 988,432 36.78
13 American Family Mutual Insurance Co. Madison, Wis. 1,283,154 1,095,675 17.11
14 National Indemnity Co. Omaha 1,195,155 557,195 114.49
15 St. Paul Fire and Marine Insurance Co. 1,167,006 1,363,444 -14.41
16 United Services Auto Association San Antonio 1,077,074 998,863 7.83
17 Farmers Insurance Exchange Los Angeles 1,018,619 1,265,761 -19.53
18 Hartford Fire Insurance Co. Conn. 971,115 826,907 17.44
19 Erie Insurance Exchange Pa. 842,805 712,402 18.3
20 Travelers Casualty and Surety Co. Hartford, Conn. 831,869 692,553 20.12
21 Hartford Accident and Indemnity Co. Conn. 764,958 651,363 17.44
22 General Reinsurance Corp. Stamford, Conn. 751,601 962,351 -21.9
23 Community Insurance Co. Mason, Ohio 733,333 628,731 16.64
24 Motors Insurance Corp. Southfield, Mich. 725,562 645,774 12.36
25 USAA Casualty Insurance Co. San Antonio 708,933 624,550 13.51
26 Metropolitan Property and Casualty Insurance Co. Warwick, R.I. 699,520 674,758 3.67
27 Employers Reinsurance Corp. Overland Park, Kan. 696,396 586,035 18.83
28 Firemans Fund Insurance Co. Novato, Calif. 689,041 679,748 1.37
29 Cincinnati Insurance Co. 686,511 620,534 10.63
30 Travelers Indemnity Co. Hartford, Conn. 683,116 622,909 9.67
31 Transatlantic Reinsurance Co. New York 674,767 491,291 37.35
32 Lexington Insurance Co. Boston 656,730 392,084 67.5
33 Auto-Owners Insurance Co. Lansing, Mich. 651,947 552,648 17.97
34 Factory Mutual Insurance Co. Johnston, R.I. 650,276 421,962 54.11
35 Everest Reinsurance Co. Liberty Corner, N.J. 649,562 496,043 30.95
36 California State Auto Assn. Inter-Insurance San Francisco 490,611 448,347 9.43
37 Interinsurance Exchange of the Automobile Club Santa Ana, Calif. 475,470 405,898 17.14
38 Anthem Insurance Cos. Inc. Indianapolis 471,309 418,600 12.59
39 Trinity Universal Insurance Co. Dallas 470,111 289,152 62.58
40 Geico Indemnity Co. Washington 466,217 367,165 26.98
41 Odyssey America Reinsurance Co. Stamford, Conn. 443,141 318,055 39.33
42 Employers Insurance of Wausau Wis. 420,335 366,760 14.61
43 Swiss Reinsurance America Corp. Armonk, N.Y. 414,019 135,143 206.36
44 Safeco Insurance Co. of America Seattle 397,907 358,892 10.87
45 Nationwide Mutual Fire Insurance Co. Columbus, Ohio 396,692 303,807 30.57
46 Health Care Indemnity Inc. Nashville 377,158 330,579 14.09
47 Commerce Insurance Co. Webster, Mass. 371,326 325,263 14.16
48 Berkley Insurance Co. Greenwich, Conn. 367,053 210,830 74.1
49 Pacific Indemnity Co. Warren, N.J. 362,198 296,056 22.34
50 Commerce and Industry Insurance Co. New York 360,467 263,040 37.04
51 American Reinsurance Co. Princeton, N.J. 359,605 747,206 -51.87
52 State Farm General Insurance Co. Bloomington, Ill. 346,367 303,952 13.95
53 Hanover Insurance Co. Worcester, Mass. 345,431 346,148 -0.21
54 Progressive Northern Insurance Co. Mayfield Village, Ohio 320,037 243,126 31.63
55 Progressive Northwestern Insurance Co. Mayfield Village, Ohio 320,037 243,126 31.63
56 Mid-Century Insurance Co. Los Angeles 314,918 395,619 -20.4
57 Partner Reinsurance Co. of the U.S. Greenwich, Conn. 312,394 182,857 70.84
58 Country Mutual Insurance Co. Bloomington, Ill. 309,761 271,631 14.04
59 Prudential Property and Casualty Insurance Co. Holmdel, N.J. 302,959 295,407 2.56
60 Southern Farm Bureau Casualty Insurance Co. Ridgeland, Miss. 302,911 253,672 19.41
61 Mortgage Guaranty Insurance Corp. Milwaukee 300,164 241,028 24.53
62 Auto Club Insurance Association Dearborn, Mich. 299,671 248,809 20.44
63 21st Century Insurance Co. Woodland Hills, Calif. 292,472 206,417 41.69
64 State Farm Lloyds Inc. Dallas 288,786 271,924 6.2
65 General Insurance Co. of America Seattle 277,329 250,137 10.87
66 Amica Mutual Insurance Co. Providence, R.I. 276,252 245,676 12.45
67 Federated Mutual Insurance Co. Owatonna, Minn. 272,351 276,574 -1.53
68 Sentry Insurance a Mutual Co. Stevens Point, Wis. 267,467 238,167 12.3
69 Allstate New Jersey Insurance Co. Northbrook, Ill. 266,350 230,921 15.34
70 Liberty Mutual Fire Insurance Boston 262,709 229,225 14.61
71 Mercury Insurance Co. Los Angeles 258,834 219,860 17.73
72 Blue Cross and Blue Shield of South Carolina Inc. Columbia 255,519 220,508 15.88
73 Ace American Insurance Co. Philadelphia 253,122 153,880 64.49
74 Converium Reinsurance North America Inc. Stamford, Conn. 251,521 285,184 -11.8
75 Ace Property and Casualty Insurance Co. Philadelphia 242,056 147,153 64.49
76 Berkley Regional Insurance Co. Urbandale, Iowa 238,862 167,601 42.52
77 Folksamerica Reinsurance Co. New York 238,471 146,613 62.65
78 Hartford Insurance Co. of Illinois Hartford, Conn. 236,344 201,247 17.44
79 Great American Insurance Co. Cincinnati 234,367 296,859 -21.05
80 Peerless Insurance Co. Keene, N.H. 229,806 200,393 14.68
81 American States Insurance Co. Seattle 229,098 206,635 10.87
82 Onebeacon Insurance Co. Boston 228,312 343,853 -33.6
83 New Jersey Manufacturers Insurance Co. West Trenton 221,360 201,289 9.97
84 Shelter Mutual Insurance Co. Columbia, Mo. 221,005 194,933 13.37
85 Clarendon National Insurance Co. New York 218,935 100,772 117.26
86 Westfield Insurance Co. Westfield Center, Ohio 217,484 189,978 14.48
87 Foremost Insurance Co. Grand Rapids, Mich. 215,427 153,124 40.69
88 Electric Insurance Co. Beverly, Mass. 211,703 189,552 11.69
89 Grange Mutual Casualty Co. Columbus, Ohio 209,893 189,519 10.75
90 MBIA Insurance Corp. Armonk, N.Y. 205,331 128,632 59.63
91 Citizens Insurance Co. of America Howell, Mich. 204,753 208,061 -1.59
92 Phoenix Insurance Co. Hartford, Conn. 204,153 175,138 16.57
93 Mercury Casualty Co. Los Angeles 202,752 140,036 44.79
94 Standard Fire Insurance Co. Hartford, Conn. 197,856 157,438 25.67
95 State Farm Florida Insurance Co. Winter Haven, Fla. 196,762 173,216 13.59
96 Medical Protective Co. Fort Wayne, Ind. 192,509 118,550 62.39
97 FCCI Mutual Insurance Co. Sarasota, Fla. 190,415 227,664 -16.36
98 Progressive Specialty Insurance Co. Mayfield Village, Ohio 186,688 141,824 31.63
99 Zenith Insurance Co. Woodland Hills, Calif. 185,939 128,582 44.61
100 Selective Insurance Co. of America Branchville, N.J. 181,502 163,186 11.22
101 Birmingham Fire Insurance Co. of Pennsylvania New York 180,234 131,520 37.04
102 Insurance Co. of the State of Pennsylvania New York 180,234 131,520 37.04
103 New Hampshire Insurance Co. New York 180,234 131,520 37.04
104 Combined Specialty Insurance Co. Glenview, Ill. 177,187 145,784 21.54
105 Ambac Assurance Corp. New York 173,958 133,862 29.95
106 State Farm Indemnity Co. Parsippany, N.J. 173,479 197,410 -12.12
107 Executive Risk Indemnity Inc. Warren, N.J. 170,363 139,320 22.28
108 National Fire and Marine Insurance Co. Omaha 168,846 41,612 305.76
109 American Economy Insurance Co. Seattle 168,809 152,257 10.87
110 Royal Indemnity Co. Charlotte 168,461 164,710 2.28
111 Royal Insurance Co. of America Naperville, Ill. 168,461 164,710 2.28
112 Employers Mutual Casualty Co. Des Moines 167,195 153,036 9.25
113 Norcal Mutual Insurance Co. San Francisco 166,740 146,628 13.72
114 Ohio Casualty Insurance Co. Fairfield 164,952 163,845 0.68
115 West American Insurance Co. Fairfield, Ohio 164,952 163,845 0.68
116 GE Reinsurance Corp. Barrington, Ill. 164,538 222,142 -25.93
117 U.S. Fidelity and Guaranty Co. St. Paul 163,908 178,136 -7.99
118 Farm Bureau Mutual Insurance Co. West Des Moines 162,884 82,387 97.71
119 Travelers Casualty and Surety Co. of America Hartford, Conn. 162,672 131,339 23.86
120 Evanston Insurance Co. Deerfield, Ill. 162,110 120,548 34.48
121 Owners Insurance Co. Lansing, Mich. 161,581 121,586 32.89
122 Progressive Preferred Insurance Co. Mayfield Village, Ohio 160,019 121,563 31.63
123 Safety Insurance Co. Boston 158,869 144,120 10.23
124 Liberty Insurance Corp. Boston 157,626 137,535 14.61
125 State Auto Property and Casualty Insurance Co. Columbus, Ohio 157,531 151,712 3.84
126 Acuity a Mutual Insurance Co. Sheboygan, Wis. 156,137 124,299 25.61
127 American International Insurance Co. Wilmington, Del. 155,982 135,225 15.35
128 Indiana Insurance Co. Keene, N.H. 153,499 133,853 14.68
129 Truck Insurance Exchange Los Angeles 152,547 189,620 -19.55
130 Farmers Reinsurance Co. Los Angeles 151,248 50,000 202.5
131 Peerless Independent Insurance Co. Keene, N.H. 151,178 131,829 14.68
132 North Carolina Farm Bureau Mutual Insurance Co. Raleigh 149,423 112,748 32.53
133 General Casualty Co. of Wisconsin Sun Prairie 149,103 144,415 3.25
134 Atlantic Mutual Insurance Co. New York 148,778 125,644 18.41
135 Starr Excess Liability Insurance Co. New York 147,764 88,219 67.5
136 PMA Capital Insurance Co. Philadelphia 147,687 105,889 39.47
137 Fire Insurance Exchange Los Angeles 147,626 183,503 -19.55
138 Medical Liability Mutual Insurance Co. Latham, N.Y. 146,095 65,455 123.2
139 Radian Guaranty Inc. Philadelphia 144,081 149,715 -3.76
140 AIU Insurance Co. New York 142,075 108,236 31.26
141 Balboa Insurance Co. Irvine, Calif. 141,257 116,931 20.8
142 United States Fire Insurance Co. Morristown, N.J. 140,902 122,144 15.36
143 American National Property and Casualty Co. Springfield, Mo. 140,465 114,352 22.84
144 Scottsdale Insurance Co. Scottsdale, Ariz. 140,422 107,542 30.57
145 PMI Mortgage Insurance Co. Walnut Creek, Calif. 139,083 148,973 -6.64
146 West Bend Mutual Insurance Co. Wis. 138,832 121,595 14.18
147 Arbella Mutual Insurance Quincy, Mass. 138,598 150,712 -8.04
148 Farmers Insurance Co. of Oregon Tigard 137,784 171,270 -19.55
149 Kentucky Farm Bureau Mutual Insurance Co. Louisville 137,240 127,068 8.01
150 Utica Mutual Insurance Co. N.Y. 136,604 145,669 -6.22


Note: Data derived from companies' income statements.
Source: Thomson Financial Insurance Solutions
© 2003 American Banker