Total personal auto policies in force are just 10,000 lower for the month but remain up 12% from last year. Net written premiums up 22% year-over-year. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,518,600 in September, down 0.5% from 19,527,800 in August. September’s policies in force represent an […]
State Farm Premiums Written Up Nearly 24% in Second Quarter
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% — […]
Progressive Reports Personal Auto Policies in Force Down Month-Over-Month in August
Total personal auto policies in force remain up over 13% from last year. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,527,800 in August, down 0.6% from 19,642,900 in July. August’s policies in force represent an increase of 12.6% from 17,336,300 in August 2022. Growth appears to have slowed […]
Top 10 Auto Insurance Companies by State in 2022
The latest report on the U.S. private passenger auto insurance market from the NAIC details the top 10 insurers in each state in 2022 as well as the size of each market overall. Data from the National Association of Insurance Commissioners (NAIC) provides a detailed view on the size and scope of the private passenger […]
Progressive Reports Personal Auto Policies in Force Down Slightly for Second Month in a Row
Total personal auto policies in force remain up over 14% from last year. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,642,900 in July. July’s policies in force represent an increase of 14.0% from 17,233,900 in July 2022, but down 0.08% from 19,658,300 in June. Growth appears to have […]
Progressive Reports Personal Auto Policies in Force Down Slightly in June from May
Total personal auto policies in force are still up over 14% from last year. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,658,300 in June. June’s policies in force result represents an increase of 14.4% from 17,176,500 in June 2022, but down 0.04% from 19,666,500 in May. Agency personal […]
Progressive Reports Personal Auto Policies in Force Grew 14% in May
Total personal auto policies in force exceeded 19.6 million. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,666,500 in May, an increase of 14% from 17,200,000 in May 2022. Agency personal auto insurance policies were 8,423,200, up 10% from May 2022 and direct policies in force were 11,243,300, up […]
Allstate Announces April Implemented Auto Rate Increases of 8.6% in 13 Locations
Rate increases since the beginning of the year expected to raise written premiums by $862 million. The Allstate Corporation (NYSE: ALL) announced that during the month of April, the Allstate brand implemented auto rate increases were 8.6% across 13 locations, resulting in total brand premium impact of 1.6%. “Allstate continued to implement significant auto insurance […]
Progressive Reports Personal Auto Policies in Force Grew 13% in April
Total personal auto policies in force exceeded 19.5 million. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,528,200 in April, an increase of 13% from April 2022. Agency personal auto insurance policies were 8,337,100, up 8% from 2022 and direct policies in force were 11,191,100, up 17% versus April […]
Private Passenger Auto Insurance Market by State in 2021
The latest report on the U.S. private passenger auto insurance market from the NAIC details the top 10 insurers in each state as well as the size of each market overall. Data from the National Association of Insurance Commissioners (NAIC) provides a detailed view on the size and scope of the private passenger auto insurance […]