America’s largest property and casualty insurers in 2022 – a state-by-state breakdown

Industry behemoth State Farm remains the largest property and casualty insurer in the US, controlling almost 9% of the market and writing more than $70.3 billion in premiums. The Bloomington, Illinois-headquartered insurance giant’s DWP is almost $19 billion more than that of Berkshire Hathaway, which sits on second place. Warren Buffett’s conglomerate owns several insurance subsidiaries, including GEICO.

Prominent insurance brands Progressive, Allstate, and Liberty Mutual, which account for 6%, 5.2%, and 4.8% of the market, respectively, round up the top five biggest P&C insurance companies in the US.

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