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Best’s News & Research Service - July 22, 2022 10:28 AM (EDT)

Best’s Rankings: Progressive Remains Top US Auto Liability Writer as Industry Direct Premiums Written Rise 6.1%

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OLDWICK, N.J. //BestWire// - U.S. automobile liability direct premiums written increased 6.1% to $194.5 billion, according to a Best’s Ranking.

Progressive Insurance Group retained the No. 1 spot with $29.67 billion in direct premiums written, a 14.6% increase. Other top-10 auto liability insurance groups saw single-digit increases except for USAA Group and Nationwide Group, which saw premiums decline.

State Farm Group remained the second-largest writer of the line, followed by Berkshire Hathaway Insurance and Allstate Insurance Group. Liberty Mutual Insurance Cos. moved past USAA to become the fifth-largest writer.

Among larger writers, W.R. Berkley Insurance Group moved five spots higher to No. 26.

Subscribers to Best’s News and Research Service can download the report at no charge, including data in spreadsheet format.

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(By Renée Kiriluk-Hill, associate editor, BestWeek:

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