CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / State Farm Premiums Written Up Nearly 24% in Second Quarter

State Farm Premiums Written Up Nearly 24% in Second Quarter

September 22, 2023 By CollisionWeek Editor

S&P Global says the company remains largest auto insurer in the U.S.

State Farm Mutual Automobile Insurance Co. remained the largest personal auto insurer in the US during the second quarter amid a record quarter for the sector, according to an S&P Global Market Intelligence analysis.

The insurer’s direct premiums written surged nearly 24% — their most rapid pace in any quarter in at least the last 21 years — as it continued to take significant pricing actions, particularly in the personal auto business.

According to S&P, State Farm bucked a trend that in recent years saw its premium growth

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: Allstate, American Family, GEICO, Liberty Mutual Insurance, Net Written Premiums, Progressive, S&P Global Market Intelligence, State Farm, USAA

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Classic Collision Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • CCC Supports Future Collision Repair Industry Workforce Through CREF July 11, 2025
  • CSN Collision Adds Repair Facility to Network in Red Deer, Alberta July 11, 2025
  • Gas Prices Hold Steady in June, Down Sharply from 2024 July 11, 2025
  • NTSB Issues Safety Alert After Fatal Wisconsin Crash Linked to Texting While Driving July 11, 2025
  • BASF, Renault, Dürr Win Award for Overspray-Free OEM Two-Tone Paint Process July 11, 2025
  • Veterans Leadership Program Wins Inaugural NABC Community Partner Award July 10, 2025
  • ServiceUp Secures $55 Million Series B Funding for Vehicle Repair Platform July 10, 2025

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved · Log in