• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Contact Us

Agency Checklists

Massachusetts Insurance News & Job Opportunities

You are here: Home / Insurance News | Massachusetts / Massachusetts Auto Insurance News | Commonwealth Automobile Reinsurers / 1st Look: The 2018 Mass. Commercial Auto Insurance Marketplace

1st Look: The 2018 Mass. Commercial Auto Insurance Marketplace

May 22, 2018 by AC Editor

The first numbers on the state of the 2018 Commercial Automobile insurance marketplace in Massachusetts are in…

As with our review of the private passenger auto insurance marketplace, Agency Checklists now takes a look at the current state of the commercial automobile insurance marketplace in 2018.

All of the data presented here is provided courtesy of the Commonwealth Automobile Reinsurers and represents the state of the market as of February 2018, the latest date for which there is complete data available. For those unfamiliar with the Commonwealth Automobile Reinsurer, “CAR” is the official statistical agent for motor vehicle insurance in the Commonwealth of Massachusetts.

Agency Checklists, MA Insurance News, Mass. Insurance News, Commercial Auto Marketplace Massachusetts
Photo Source DOI

A look at the market as a whole

According to the 2016 Report from the Division of Insurance, total Direct Written Premium totaled $835,081,080 dollars in 2016, with a total of 212 companies writing commercial auto in the Commonwealth.

Of that number, the top 20 companies wrote approximately $547,057,695 dollars in Direct Written Premium, essentially commanding a 65.5% share of the market place.

The remaining 192 companies wrote $288,023,385 in Direct Written Premium which translated into a 34.5% market share.

Safety emerges at the top of the list for 2018…

While MAPFRE/Commerce ended 2017 at the top of this list, at the beginning of 2018, it is Safety that is sitting at the top of the list.

This mirrors the pattern seen over the past year or so. If our readers may remember, in December 2016, Safety briefly had risen to the number one spot to overtake Commerce in the commercial auto insurance sphere. this was reversed by the end of 2017, however, with Commerce coming in at number one on this list. All in all, however, the first and second largest insurers’ difference in this marketplace is almost negligible.

The list of the top 20 Commercial Auto Insurers in Massachusetts ranked by Premiums from highest to lowest as of February 2017:

COMPANY PREMIUMS MARKET SHARE
1. SAFETY 21,895,974 16.03%
2. COMMERCE 21,661,762 15.86%
3. ARBELLA 14,836,305 10.86%
4. TRAVELERS 12,340,153 9.03%
5. PLYMOUTH ROCK 8,857,931 6.48%
6. TOKIO MARINE & NACHIDO 6,908,419 5.06%
7. LIBERTY MUTUAL INS 6,116,097 4.48%
8. FIREMAN’S 6,022,123 4.41%
9. PROGRESSIVE 5,328,370 3.90%
10. HANOVER 4,892,945 3.58%
11. TWIN CITY FIRE INS 3,260,026 2.39%
12. UTICA 2,996,960 2.19%
13. ZURICH 2,493,022 1.82%
14. NATIONAL GRANGE 2,397,917 1.76%
15. SELECTIVE INSURANCE 2,317,199 1.70%
16. FARM FAMILY 1,568,324 1.15%
17. AMERICAN CASUALTY 1,402,078 1.03%
18. EMPLOYERS MUTUAL 1,270,796 0.93%
19. N&D MUTUAL 1,154,488 0.85%
20. HARLEYSVILLE INS 842,170 0.62%

Graphs from Februay 2018, February 2013 and February 2008 depicting the evolution of this marketplace over the past decade

The following charts list the market share for the top ten commercial auto insurance writers in Massachusetts as of February 2018, followed by the top ten writers by market share five years ago as of February 2013, and then finally, as of February 2008.

These graphs are provided for those interested in seeing how the Massachusetts commercial automobile insurance market has evolved over the past decade.

FEBRUARY 2018

Agency Checklists, MA Insurance News, Mass. Insurance News, Commercial Auto Marketplace Massachusetts, Who writes comercial auto insurance in Massachusetts, top writers mass. commercial auto

And how the market share distribution looked just five years ago:

FEBRUARY 2013

Agency Checklists, MA Insurance News, Mass. Insurance News, Commercial Auto Marketplace Massachusetts, Who writes comercial auto insurance in Massachusetts, top writers mass. commercial auto

Now compare the above graphs with the top ten commercial auto insurance companies in Massachusetts from a decade ago:

FEBRUARY 2008

Agency Checklists, MA Insurance News, Mass. Insurance News, Commercial Auto Marketplace Massachusetts, Who writes comercial auto insurance in Massachusetts, top writers mass. commercial auto

Primary Sidebar

MA Division of Insurance Announcements

New Episode

MA Insurance Lawyers

SPONSORED

Career News

In Memoriam: Rocco Basso, 1937-2025

In Memoriam: Rocco Basso, 1937-2025

MountainOne Insurance Promotes Stacy Roman to Vice President, Personal Lines Operations Manager

MountainOne Insurance Promotes Stacy Roman to Vice President, Personal Lines Operations Manager

The Concord Group Appoints Michael P. Nolin, Jr. as President & Chief Executive Officer

Industry Veterans Join Plymouth Rock as Territory Sales Manager for Massachusetts

View More Career News

In Memoriam

In Memoriam: Roy Corso: 1943-2025

In Memoriam: Kevin Hugh Kelley, 1950-2025

In Memoriam: Kevin Hugh Kelley, 1950-2025

In Memoriam: Stephen Lee Brown, 1937-2025

In Memoriam: Stephen Lee Brown, 1937-2025

Company News

SIAA Hosts IA Evolve, a Virtual Innovation Event to Empower Independent Insurance Agents

SIAA Hosts IA Evolve, a Virtual Innovation Event to Empower Independent Insurance Agents

Hiring initiative bringing 100 new Farmers Insurance® jobs to four cities

Travelers Institute Announces Fall 2025 Wednesdays with Woodward® Webinar Schedule

Insurance Library Announces 2025 Members of Hess Benefactor Society

Footer

Agency Checklists

Contact us

We offer a variety of ways to get help promote your company or product.

Announcements
Email Sponsorships
Partnerships
Custom Collaborations

*Affiliate Disclosure

Please note that any of Agency Checklists’ articles might contain one or more affiliate links. This means that any subsequent purchase resulting from these links may result in a commission for us, but at no additional cost to you. For example, as an Amazon Associate, Agency Checklists earns a commission from all qualifying purchases. By working with affiliates we can continue to keep Agency Checklists subscription free. Thank you for your support.

Explore Our Archives

Copyright © 2025 · Agency Checklists · All rights reserved.

 

Loading Comments...