1st Look: Market Share for MA Commercial Auto Marketplace

State of the Marketplace as of October 2024

Our latest “check-up” on the Commercial Auto Insurance marketplace takes a look at the state of the marketplace as of October 2024. As always, the data reviewed for this line of insurance is provided courtesy of the Commonwealth Automobile Reinsurers.

For those readers unfamiliar with the Commonwealth Automobile Reinsurers, “CAR” is the official statistical agent for motor vehicle insurance in the Commonwealth of Massachusetts.

The Latest Data Points

Companies Ranked by Premiums & Market Share

Company	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%

Agency Checklists’ Proprietary Retrospective of the Commercial Auto Marketplace

The following are graphs depicting the state of the Commercial Auto Insurance Marketplace over the past 10 years. The first graph shows the top ten Commercial Auto Insurers as of October 2024, compared to October 2023, October 2022, October 2021, and October 2020. Following these comparisons are two more: one from five years ago, October 2019, and the last from ten years ago, October 2014.