1st Look: Market Share for MA Industrial Auto Market

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State of the Market as of October 2024

Our newest “check-up” on the Industrial Auto Insurance coverage market takes a take a look at the state of {the marketplace} as of October 2024. As at all times, the information reviewed for this line of insurance coverage is supplied courtesy of the Commonwealth Automobile Reinsurers.

For these readers unfamiliar with the Commonwealth Vehicle Reinsurers, “CAR” is the official statistical agent for motorized vehicle insurance coverage within the Commonwealth of Massachusetts.

The Newest Information Factors


Firms Ranked by Premiums & Market Share

Firm Premiums Market Share
COMMERCE 145,602,877 13.01%
SAFETY 142,879,372 12.76%
ARBELLA 115,420,655 10.31%
PROGRESSIVE 103,804,080 9.27%
TRAVELERS 78,130,072 6.98%
PLYMOUTH ROCK 53,752,377 4.80%
TOKIO MARINE & NACHIDO 42,130,113 3.76%
FIREMAN’S 39,051,127 3.49%
ZURICH 30,053,647 2.68%
SELECTIVE INSURANCE 28,566,038 2.55%
HANOVER 26,986,359 2.41%
MOBILITAS GENERAL INS. 24,055,599 2.15%
TWIN CITY FIRE INS 22,868,170 2.04%
LIBERTY MUTUAL INS 22,638,024 2.02%
UTICA 20,421,088 1.82%
OLD REPUBLIC 16,254,064 1.45%
GREEN MOUNTAIN 13,247,657 1.18%
FEDERATED MUTUAL 13,120,013 1.17%
GREAT AMERICAN 13,081,944 1.17%
ARGONAUT 12,590,046 1.12%
AMERICAN CASUALTY 11,639,868 1.04%
NATIONAL GRANGE 11,547,611 1.03%
NEW HAMPSHIRE 10,376,686 0.93%
FEDERAL 9,859,718 0.88%
EMPLOYERS MUTUAL 8,641,944 0.77%
CENTRAL MUTUAL INS 8,624,749 0.77%
N&D MUTUAL 8,585,822 0.77%
FARM FAMLY 8,288,583 0.74%
CINCINNATI 7,765,301 0.69%
US FIRE 6,927,977 0.62%
NEW YORK AND GENERAL INS 6,466,071 0.58%
MIDDLESEX INS CO 6,425,304 0.57%
BANKERS 5,619,494 0.50%
ARCH 4,808,282 0.43%
MERCH MUTUAL 4,780,735 0.43%
IMPERIUM 4,044,997 0.36%
STARR INDEMNITY 3,333,184 0.30%
QUINCY MUTUAL 3,170,170 0.28%
GEICO 2,872,512 0.26%
PREFERRED MUTUAL 2,238,044 0.20%
LANCER INSURANCE CO. 1,943,292 0.17%
MOTORISTS 1,891,866 0.17%
GREENWICH 1,530,791 0.14%
HARLEYSVILLE INS 1,451,459 0.13%
PROTECTIVE 1,315,941 0.12%
SECURITY NATIONAL 1,277,264 0.11%
STATE AUTO 1,211,127 0.11%
ATLANTIC SPECIALTY 1,174,002 0.10%
CHURCH MUTUAL 1,024,875 0.09%
EVEREST NATIONAL 1,017,832 0.09%
BERKSHIRE HATHAWAY 1,011,218 0.09%
PENN LUMBERMENS 569,527 0.05%
SOMPO AMERICA 544,302 0.05%
QBE 441,135 0.04%
AMERICAN AUTOMOBILE 428,461 0.04%
PENN MNFCT ASSC INS 410,439 0.04%
FALLS LAKE 405,685 0.04%
AXIS REINSURANCE 346,206 0.03%
MITSUI SUMITOMO 207,136 0.02%
RLI 196,286 0.02%
AMERICAN FAMILY 126,904 0.01%
STARSTONE NATIONAL 124,893 0.01%
STATE FARM 86,031 0.01%
CUMIS 55,232 0.00%
GUIDEONE MUTUAL 47,399 0.00%
ALLIED WORLD SPECIALTY 43,109 0.00%
AMERICAN ALTERNATIVE 20,406 0.00%
MARKEL AMERICAN 5,651 0.00%

Company Checklists’ Proprietary Retrospective of the Industrial Auto Market

The next are graphs depicting the state of the Industrial Auto Insurance coverage Market over the previous 10 years. The primary graph reveals the highest ten Industrial Auto Insurers as of October 2024, in comparison with October 2023October 2022October 2021, and October 2020. Following these comparisons are two extra: one from 5 years in the past, October 2019, and the final from ten years in the past, October 2014.


October 2024 v. October 2023

Utilizing the sliders, you possibly can evaluate every year by sliding the window to the left or proper on every graph comparability beneath.


October 2024 v. October 2022


October 2024 v. October 2021


October 2024 v. October 2020


5-Yr Comparability

Utilizing the sliders, you possibly can evaluate every year by sliding the window to the left or proper on every graph comparability beneath.

10-Yr Comparability

Utilizing the sliders, you possibly can evaluate every year by sliding the window to the left or proper on every graph comparability beneath.

October 2024 v. October 2014