Update: Best's Rankings: Progressive Moves Into Top Spot for US Private Passenger Auto Liability, Top P/C Line
OLDWICK, N.J. //BestWire// - (Clarifies headline.) U.S. property/casualty 2025 direct premiums written by line in 2025 rose 5%, compared with the prior year, to reach $1.11 trillion, according to a new Best's Rankings report.
In the largest line, private passenger automobile liability, Progressive Insurance Group took the top spot, with a market share of 19.9% with 49.9% of its premiums coming from the line, according to the report. State Farm Group, which took second place, held a 17.9% market share and the line accounted for 32.8% of its total DPW.
The line industrywide accounted for DPW of about $211 billion in 2025, which was up 5.1% from the prior year, according to the report. It accounted for 18.9% of all P/C DPW.
Rounding out the top three lines, No. 2 homeowners multiple peril had DPW of $188.87 billion in 2025, which was up 9.1% and accounted for 17% of industry DPW. Automobile physical damage took third place with $177.39 billion in 2025 DPW, up 1.3% and 15.9% of industry DPW. State Farm took the top spot in each, with market share of 18.7% and 17.9%, respectively. Homeowners multi-peril accounted for 30.6% of its total DPW and auto physical damage was 27.5%, according to the report.
Allstate Insurance Group took the No. 2 spot in homeowners multi-peril with a market share of 9.4%, while the line accounted for 29.9% of its total DPW, according to the report. Progressive was second in auto physical damage, with a market share of 16.5% in 2025 and the line accounting for 34.8% of its total DPW.
The ranking includes DPW by line, top and second-place writers, line's percent of total market, percent change from the previous year, adjusted loss ratios for 2025 and 2024, percent of market share and percent of writer total DPW for lead and second writers.
Subscribers can access the report and data here.
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AM Best data sourced from Best's Financial Suite, US.
(By Terrence Dopp, senior associate editor, Best’s Review: Terry.Dopp@ambest.com)