Top 10 Writers Of Private Passenger Auto Insurance In New Mexico By Direct Premiums Written, 2016 (1)
Rank |
Group/company |
Direct premiums written ($000) |
Market share |
1 |
State Farm Mutual Automobile Insurance |
$261,922 |
20.4% |
2 |
Berkshire Hathaway Inc. |
174,865 |
13.6 |
3 |
Farmers Insurance Group of Companies (2) |
157,128 |
12.2 |
4 |
Progressive Corp. |
133,371 |
10.4 |
5 |
USAA Insurance Group |
109,416 |
8.5 |
6 |
Allstate Corp. |
97,082 |
7.6 |
7 |
Liberty Mutual |
65,618 |
5.1 |
8 |
Hartford Financial Services |
45,142 |
3.5 |
9 |
Sentry Insurance a Mutual Co. |
32,526 |
2.5 |
10 |
Loya Insurance Group |
28,378 |
2.2 |
|
(1) Before reinsurance transactions.
(2) Data for Farmers Insurance Group of Companies and Zurich Financial Group (which owns Farmers' management company) are reported separately by S&P Global Market Intelligence.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Top 10 Writers Of Private Passenger Auto Insurance In New Mexico By Direct Premiums Written, 2017 (1)
Rank |
Group/company |
Direct premiums written ($000) |
Market share |
1 |
State Farm |
$277,878 |
20.0% |
2 |
Berkshire Hathaway Inc. |
207,105 |
14.9 |
3 |
Progressive |
160,619 |
11.6 |
4 |
Farmers Insurance Group of Companies (2) |
155,049 |
11.2 |
5 |
USAA Insurance Group |
127,970 |
9.2 |
6 |
Allstate Corp. |
97,610 |
7.0 |
7 |
Liberty Mutual |
69,048 |
5.0 |
8 |
Hartford Financial Services |
41,760 |
3.0 |
9 |
Sentry Insurance a Mutual Co. |
32,713 |
2.4 |
10 |
Farm Bureau Financial Services |
30,209 |
2.2 |
|
(1) Before reinsurance transactions.
(2) Data for Farmers Insurance Group of Companies and Zurich Financial Group (which owns Farmers' management company) are reported separately by S&P Global Market Intelligence.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Top 10 Writers Of Private Passenger Auto Insurance In New Mexico By Direct Premiums Written, 2018 (1)
Rank |
Group/company |
Direct premiums written ($000) |
Market share |
1 |
State Farm |
$285,368 |
19.2% |
2 |
Berkshire Hathaway Inc. |
233,179 |
15.7 |
3 |
Progressive |
200,336 |
13.5 |
4 |
Farmers Insurance Group |
151,586 |
10.2 |
5 |
USAA Insurance Group |
139,262 |
9.4 |
6 |
Allstate Corp. |
102,787 |
6.9 |
7 |
Liberty Mutual |
66,752 |
4.5 |
8 |
Hartford Financial Services |
38,672 |
2.6 |
9 |
Sentry Insurance Mutual Co. |
37,730 |
2.5 |
10 |
Auto Club Exchange Group |
35,536 |
2.4 |
|
(1) Before reinsurance transactions.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.