Fast Facts about this line of insurance:
- Four hundred and sixty-nine (469) insurance companies are currently licensed to sell liability, other than auto, insurance in Massachusetts.
- The total Direct Written Premium for these 469 companies is $1,878,621,014 dollars.
- The top 20 insurance companies selling this line of insurance in the Commonwealth enjoy a 42.9% share of the marketplace, writing a total of $806,548,560 dollars in Direct Written Premium.
- The remaining 449 insurers claim the majority 57.1% share of this market which consists of a Direct Premium Written total of $1,072,072,454 dollars.
Are there any top insurers that are based in Massachusetts as well?
- Yes. Arbella Protection Insurance Co. is the only top 20 insurer on this list that is based in Massachusetts.
The list of the top 20 in this marketplace
As always, all of our market information comes courtesy of the Massachusetts Division of Insurance.
Company Name |
State |
Premium Written in MA |
Market Share in MA |
Federal Ins. Co |
IN |
$119,033,969 |
6.34% |
National Union Fire Ins. Co. of Pitts |
PA |
$111,466,401 |
5.93% |
Continental Cas. Co. |
IL |
$68,796,284 |
3.66% |
XL Specialty Ins. Co. |
DE |
$55,690,737 |
2.96% |
ACE Amer. Ins. Co. |
PA |
$46,677,249 |
2.48% |
Zurich Amer. Ins. Co. NY |
NY |
$43,440,487 |
2.31% |
Arbella Protection Ins. Co. |
MA |
$39,000,855 |
2.08% |
Travelers Cas. & Surety Co. of Amer |
CT |
$36,566,300 |
1.95% |
Travelers Prop. Cas. of Amer |
CT |
$32,441,960 |
1.73% |
Nautilus Ins. Co. |
AZ |
$31,011,414 |
1.65% |
Philadelphia Ind. Ins. Co. |
PA |
$29,596,392 |
1.58% |
Evanston Ins. Co. |
IL |
$27,167,562 |
1.45% |
AIG Specialty Ins. Co. |
IL |
$26,395,654 |
1.41% |
Steadfast Ins. Co. |
DE |
$21,989,957 |
1.17% |
Hanover Ins. Co. |
NH |
$21,589,155 |
1.15% |
Everest National Ins. Co. |
DE |
$21,511,649 |
1.15% |
Liberty Mutual Fire Ins. Co. |
WI |
$19,280,037 |
1.03% |
Lexington Ins. Co. |
DE |
$19,143,167 |
1.02% |
Starr Ind. & Liab. Co. |
TX |
$17,965,550 |
0.96% |
AXIS Ins. Co. |
IL |
$17,783,781 |
0.95% |
