Top 100 Largest Commercial Auto Insurance Companies in USA

 

Top 100 Largest Commercial Auto Insurance Companies in USA- According to Report of National Association of Insurance Commissioners (NAIC) entitled “2024 Market Share Reports for Property/CasualtyGroups and Companies”, there are 100 Largest Commercial Auto Insurance Companies in the USA. Basically, these commercial auto insurances are still popular in the USA, and many customers have trusted in these insurance companies.

 

Commonly, commercial auto insurance is a kind of car insurance specifically aimed at vehicles used for business activities/ operations. In this case, business vehicles include company’s commercial cars, trucks, vans, and others. Many companies insure their vehicles because of the unpredictable risk in the future including accidents, damage to the vehicle, and liability for injuries or damage caused to others. Specifically, many companies depend on vehicles to run and facilitate their business, for example transportation, expedition, aviation companies/ organizations commonly use commercial insurance to protect their vehicle from unpredictable damage and risks. Finally, using commercial auto insurance products helps the profit organization or non-profit organisation in their business activities covering financial losses from unpredictable risks and relatively secure the financial of the company/ organization from the bigger losses if they do not use the commercial auto insurance products.

 

Overall, in the United States of America (USA), according to The National Association of Insurance Commissioners (NAIC), total direct premium written from all companies in 2024 was about USD 72 billion. Meanwhile, the total direct premiums earned USD 68.7 billion in 2024.

 

Here are the Top 100 Largest Commercial Auto Insurance Companies in the USA. The rank of All of the data was obtained from The National Association of Insurance Commissioners (NAIC) in its published report entitled “2024 Market Share Reports for Property/Casualty Groups and Companies by State and Countrywide”. Specifically, The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory organization that was founded 1871 and functionally, this organization was formed to regulate the insurance industry and protect consumers relating to insurance products in the USA.

 

The Rank of 100 Largest Commercial Auto Insurance Companies in The United States of America (USA) Based on Direct Premiums Written

 

Rank	Name of Commercial Auto Insurance Companies in the USA	Direct Premiums Written in 2024	Direct Premiums Earned in 2024	Market Share
		(in Thousand US Dollar (USD))	(in Thousand US Dollar (USD))	(%)
1	Progressive	10,787,378	10,437,026	14.94%
2	Travelers	3,857,272	3,680,217	5.34%
3	Old Republic	2,947,582	2,739,929	4.08%
4	Liberty Mutual Insurance	2,789,441	2,715,390	3.86%
5	Berkshire Hathaway/ GEICO	2,639,164	2,262,208	3.66%
6	Zurich Insurance	2,290,826	2,298,505	3.17%
7	Auto Owners	2,131,998	1,999,859	2.95%
8	State Farm Insurance	2,005,850	1,826,373	2.78%
9	Wr Berkley Corporation	1,486,106	1,436,391	2.06%
10	Hartford Fire & Casualty	1,440,325	1,332,790	2.00%
11	American International	1,380,215	1,287,263	1.91%
12	Chubb Ltd	1,210,195	1,165,919	1.68%
13	Fairfax Financial	1,172,512	1,107,724	1.62%
14	Selective Insurance	1,157,236	1,093,974	1.60%
15	American Financial	1,143,160	1,107,789	1.58%
16	CNA Insurance	1,099,828	983,654	1.52%
17	Tokio Marine Holdings Inc	1,093,810	1,035,310	1.52%
18	Erie Insurance	1,032,779	962,892	1.43%
19	Sentry Insurance	1,000,934	977,144	1.39%
20	CSAA Insurance	999,575	771,183	1.38%
21	Cincinnati Financial	951,856	916,037	1.32%
22	Acuity Insurance Co	932,057	876,164	1.29%
23	Federated Mutual	859,114	800,871	1.19%
24	Nationwide Corp	843,794	980,455	1.17%
25	Kemper Corp	798,595	725,712	1.11%
26	Arch Insurance	797,314	758,136	1.10%
27	Allstate Insurance	658,469	748,956	0.91%
28	Emc Insurance Co	647,871	654,252	0.90%
29	Farmers Insurance	603,879	606,053	0.84%
30	Markel	578,194	500,242	0.80%
31	Clear Blue Financial	545,495	553,073	0.76%
32	Amtrust Financial Serv	472,072	505,898	0.65%
33	Core Specialty Insurance Holdings	469,419	439,550	0.65%
34	Canal	454,896	465,588	0.63%
35	FCCI Mutual Insurance	439,595	413,581	0.61%
36	The Hanover Insurance	425,000	414,547	0.59%
37	Utica	406,568	385,411	0.56%
38	Trisura	391,999	387,449	0.54%
39	Mercury Gen	386,830	377,935	0.54%
40	Everest Reinsurance Holdings	379,760	398,393	0.53%
41	Western National Insurance	367,783	341,548	0.51%
42	American Transit Insurance Co	366,861	345,910	0.51%
43	Southlake Financial	339,196	296,549	0.47%
44	Axa Insurance	334,421	313,125	0.46%
45	MS & AD Insurance	324,747	248,985	0.45%
46	Skyward Specialty Insurance Inc	319,528	317,182	0.44%
47	Accredited Insurance Holdings	311,930	257,216	0.43%
48	Prime Holdings Insurance	310,248	268,163	0.43%
49	West Bend Insurance	305,863	293,132	0.42%
50	Westfield	300,108	294,491	0.42%
51	Starr Insurance	296,669	282,558	0.41%
52	IAT Reinsurance Co	292,478	282,025	0.41%
53	American Family Insurance	291,487	298,778	0.40%
54	Brookfield Wealth Solutions	290,012	293,333	0.40%
55	Ally Insurance Holdings	287,782	287,782	0.40%
56	Blue Cross Blue Shield of Michigan	286,414	295,304	0.40%
57	Incline Insurance Llc	270,974	243,426	0.38%
58	Coaction Global Inc	269,274	252,050	0.37%
59	Secura Insurance	267,416	255,096	0.37%
60	Amerisure Co	254,306	255,726	0.35%
61	United Fire & Cas	250,361	236,788	0.35%
62	Donegal Insurance	224,089	219,494	0.31%
63	Frankenmuth	222,603	206,648	0.31%
64	Au Holding Co	219,654	173,241	0.30%
65	James River	215,025	215,753	0.30%
66	Mapfre Insurance	210,819	207,752	0.29%
67	Rli Insurance	183,887	173,835	0.25%
68	Safety	181,487	168,588	0.25%
69	Grange Mutual Cas	180,347	178,618	0.00%
70	Obs Holdings	179,932	151,920	0.25%
71	Benchmark Holding	172,745	145,939	0.24%
72	Arbella Insurance	171,160	162,379	0.24%
73	Encova Mut Insurance	169,750	171,942	0.24%
74	Pennsylvania Natl Insurance	164,876	157,995	0.23%
75	Intact Financial	164,775	164,887	0.23%
76	Central Mutual Insurance Co	161,091	155,465	0.22%
77	Knightbrook Insurance	160,935	124,831	0.22%
78	Cherokee Insurance Co	159,247	164,104	0.22%
79	Hereford Holding	154,786	149,415	0.21%
80	Allianz Insurance	154,152	219,162	0.21%
81	Agency Insurance Company	148,589	131,610	0.21%
82	New Jersey Manufacturers	136,430	126,022	0.19%
83	Pekin Insurance	132,680	127,158	0.18%
84	Dongbu Insurance	132,453	138,857	0.18%
85	Merchants Mutual	131,931	136,502	0.18%
86	Pennsylvania Lumbermens Mutual	118,648	110,746	0.16%
87	Guide-One Insurance	117,322	124,980	0.16%
88	Ascendant Commercial Insurance Inc	110,917	100,417	0.15%
89	American Inter Fidelity Exch	108,465	112,597	0.15%
90	Munich Re	104,250	91,181	0.14%
91	Chandler Insurance	99,521	90,483	0.14%
92	Church Mut	99,425	102,962	0.14%
93	Iowa Farm Bureau	93,920	90,442	0.13%
94	Builders	86,136	78,381	0.12%
95	Migi Holdings	84,177	65,206	0.12%
96	Country Insurance & Financial Service	82,534	79,661	0.11%
97	Trustage	81,628	65,391	0.11%
98	Grinnell Mutual	80,648	79,330	0.11%
99	Shelter Insurance	79,840	75,628	0.11%
100	Ambac Financial	79,718	117,714	0.11%
Source: NAIC, 2025

In this article, we arranged the rank according to Direct Premiums Written. Furthermore, in the table above, we also have the variable of direct premiums earned. Principally, direct premiums written is the total amount of an insurance company’s written premiums during a given year without accounting for the amount ceded to reinsurance. Meanwhile, direct premium earned is the portion of the premium paid by the insured that has been allocated to losses experienced by the insurance company, costs, and profits up to a certain period.

 

Brief Description of 30 Largest Commercial Auto Insurance Companies in USA Based on Direct Premiums Written

 

1.Progressive

Progressive Insurance is a USA Insurance Company with many properties and casualty (P&C) insurance products. Compared to insurance companies specializing in commercial auto insurance products, Progressive Insurance still become the largest commercial Auto Insurance Companies based on Direct Written Premium in 2024. Historically, Progressive started in the insurance business in 1937. The founders of progressive insurance companies were Joseph Lewis and Jack Green. To date, Progressive has headquarters in Mayfield Village, Ohio.

Along with business development, as of 2024, Progressive has served more than 37 million customers with total employees of 61,400 people. In terms of financial position and business performance, according to Progressive’s annual report in 2024, total assets of Progressive Insurance reached USD 106 billion, while total liabilities amounted to USD 80 billion. Furthermore, based on the business performance in 2024, Progressive generated total revenue of USD 75.3 billion and reported a net income of USD 8.4 billion.

Specifically, in the commercial auto insurance industry, especially in the USA’s market, Progressive Insurance still became the leader in the US's commercial auto insurance industry, gaining direct premiums written around USD 10.7 billion with direct premiums earning around USD 10.4 billion. Furthermore, this company also has a market share of around 14.94 % in the United States’s commercial auto insurance market.

Official Progressive Insurance Media:

 Progressive Insurance Official Website:   https://www.progressive.com/

Youtube: https://www.youtube.com/@progressive

Facebook: https://web.facebook.com/progressive/

 

2.Travelers

Based on historic journey, the Travelers insurance companies or commonly known as The Travelers Companies was formed in 2004 by the merger between The St. Paul Companies, Inc., and Travelers. The founder of Travelers is James G. Batterson meanwhile St. Paul Fire and Marine Insurance Company was founded by Alexander Wilkin and 16 other St. Paul businesspeople. In terms of the business development, until 2023, Travelers has more than 30,000 employees, 15,000 independent agents and brokers in the United States, Canada, the United Kingdom, and Ireland.

Financially, according to its annual report in 2024, The Travelers Companies has total assets around USD 133 billion and total liabilities recorded at USD 105 billion. In terms of business performance based on the income statements of 2024 Travelers’ annual report, Travelers successfully generated total revenue of USD 46.4 billion, with a net income of USD 4.9 billion. In the commercial auto insurance industry of 2024, Travelers successfully got direct premiums written at USD 3.85 billion with direct premiums earned of USD 3.68 billion. Overall, in the USA market, this company has a market share of 5.34 % in commercial auto insurance.

Official Travelers Media:

Travelers Official Website: https://www.travelers.com/

Youtube: https://www.youtube.com/user/TravelersInsurance

LinkedIn: https://www.linkedin.com/company/travelers/

 

3.Old Republic International Corporation

Historically, The Old Republic insurance company was founded in 1923 and still has headquarters in Chicago, USA. Commonly, Old Republic International engaged in the single business of insurance underwriting and related services which conducts its insurance operations through two reportable segments, namely Specialty Insurance (formerly referred to as General Insurance) and Title Insurance (protecting against financial loss from title defects on a property that existed before the policy date). Based on financial ratings, this company is rated A+ (Superior) by AM Best, A2 Stable by Moody’s, and A+ Stable by Standard and Poor’s. Operationally, this company still has a head office in North Michigan Avenue, Chicago.

Financially, according to its annual report of 2024, Old Republic International has total assets around USD 27.8 billion with total liabilities of around USD 22.2 billion. In terms of business performance in 2024, Old Republic International successfully gained total revenue of around USD 8.2 billion with net income of around USD 0.85 billion. Specifically, in the commercial auto insurance industry of 2024, the Old Republic got direct premiums written around USD 2.94 billion with direct premiums earned USD 2.73 billion. Furthermore, the Old Republic got a market share of 4.08 %.

Official Old Republic Media:

Old Republic Official Website: https://www.oldrepublicinsurancegroup.com/companies/old-republic-insurance-company

 

4.Liberty Mutual Insurance

Liberty Mutual Insurance is an insurance company headquartered in Berkeley Street, Boston, Massachusetts. Historically, the establishment of this company was on July 1, 1912. As of 2023, in terms of business developments, Liberty Mutual Insurance company has employed over 50,000 people in 29 countries across the continent. Based on its operational business products, Liberty Mutual Insurance operates three business units namely Personal Insurance Lines, Commercial Insurance Lines, and Liberty Mutual Investments (LMI).

Financially, in the year 2024, Liberty Mutual has total assets of around USD 166 billion and total liabilities of around USD 136 billion. In terms of business performance according to its income statement in 2024, Liberty Mutual successfully gained total revenue of USD 50.2 billion and a net income of USD 4.42 billion.

Specifically, in the commercial auto insurance industry of 2024, liberty mutual gained direct premiums written of USD 2.78 billion with direct premiums earned of USD 2.71 billion. Based on its business position in the commercial auto insurance industry in the USA market, Liberty Mutual got a market share of 3.86%.

Official Liberty Mutual Insurance Media:

Liberty Mutual Official Website: https://www.libertymutual.com/

Youtube: https://www.youtube.com/user/libertymutual

LinkedIn: https://www.linkedin.com/company/liberty-mutual-insurance/

 

5.Berkshire Hathaway/ GEICO Insurance

Founded in 1839 in Cumberland, Rhode Island by Oliver Chace and built by Warren E. Buffet, The Berkshire Hathaway has developed into large holding companies with diversified investment portfolios from miscellaneous sectors including insurance companies. Commonly, in insurance industries, the insurance companies that owned by Berkshire Hathaway, namely Government Employees Insurance Company (GEICO), General Re, Berkshire Hathaway Homestate Companies, Berkshire Hathaway Specialty (BHSI), Berkshire Hathaway GUARD Insurance Companies, MLMIC Insurance Companies, National Indemnity Primary Group, United States Liability Insurance Companies, Central States Indemnity.

According to the Annual Report of Berkshire Hathaway in 2024, the Berkshire Hathaway’s total assets are around USD 1,154 billion with total liabilities USD 502 billion. In terms of business performance of 2024, Berkshire Hathaway gained total revenue of USD 371 billion and successfully gained net income of USD 88.9 billion. Furthermore, in the insurance business, one of the insurance companies owned by Berkshire Hathaway is GEICO insurance. Commonly, according to the types of Vehicle Insurance, GEICO offers some insurance products including Auto Insurance, Motorcycle Insurance, ATV Insurance, RV Insurance, Boat/PWC Insurance, Collector Auto Insurance, Commercial Auto Insurance, Mexico Auto Insurance. Financially, in the year 2024 according to its annual report, GEICO insurance has admitted assets of around USD 82.7 billion and total liabilities of around USD 22.5 billion. Commonly, In the commercial auto insurance industry of 2024, Berkshire Hathaway through GEICO got direct premiums written of USD 2.63 billion with direct premiums earned of USD 2.26 billion. Furthermore, Berkshire Hathaway got a market share of 3.66 % in the USA’s commercial auto insurance industry.

Official Berkshire Hathaway/ GEICO Media:

Berkshire Hathaway/ GEICO Official Website: https://www.geico.com/

Youtube: https://www.youtube.com/user/GEICO

LinkedIn: https://www.linkedin.com/company/geico/

 

6.Zurich Insurance

Zurich Insurance Group Ltd is a Swiss insurance company that has a head office in Zürich. Historically, this company was founded in 1872 with the name of Versicherungs-Verein (insurance associations). Along with business development from time to time, this insurance company has employed around 56 thousand people and provided a wide range of property and casualty, life insurance products, and services in more than 210 countries and territories. Financially, according to Zurich Insurance’s annual report of 2024, related to the financial conditions on the Balance sheet in 2024, Zurich Insurance has total assets around USD 358 billion with total liabilities around USD 331 billion. In terms of the business performance in 2024, Zurich Insurance successfully earned total revenue of USD 59.5 billion and net income around USD 6.2 billion.

In addition, in the commercial auto insurance industry of 2024, Zurich Insurance collected direct premiums written of USD 2.29 billion with direct premiums earned of USD 2.29 billion. Furthermore, this company has a market share of 3.17 % in the USA's commercial auto insurance industry.

Official Zurich Insurance Media: 

Zurich Insurance Official Website: https://www.zurich.com/

Youtube: https://www.youtube.com/zurichglobal

LinkedIn: https://www.linkedin.com/company/zurich-insurance-company-ltd/

 

7.Auto Owners

Established in 1916, Operationally, Auto-Owners Insurance Group has a head office in Lansing, Michigan. In terms of business developments, this company has nearly 3 million policyholders. Based on employees, until 2023, the company has 48,000 licensed agents in 26 states. In addition, on financial ratings, Auto-Owners get A++ (Superior) from the AM Best Company. Financially, in terms of financial position, Auto Owners have total assets of USD 36 billion. Overall, in the USA, Auto Owner offers some insurance products including Life insurance (Life Insurance, Term Life, Universal Life, Whole Life, Annuities, Disability Income), home insurance (Homeowners, Condo, Renters, Rental Dwelling, Mobile Home, Umbrella, Property & Valuables, Farm, Pet, Flood), auto insurance (Auto, Motorcycle, ATV & Off-Road Vehicle, Motor Home & RV, Boat, Trailer), and business insurance (Business Insurance, Commercial Auto, Workers Compensation, Bonds, Loss Control, Commercial Umbrella).

In 2024, in terms of commercial auto insurance, Auto Owners successfully collected direct premiums written USD 2.13 billion with direct premiums earned USD 1.99 billion. Based on the business positions in the commercial auto industry in the USA’s market of 2024, Auto Owners has a market share of 2.95 %.

Official Auto Owners Media:

Auto Owners Official Website: https://www.auto-owners.com/

Youtube: https://www.youtube.com/@AutoOwnersInsurance

 

 

8. State Farm

State Farm Insurance is one of the largest insurance companies from Bloomington, Illinois, U.S.A. Historically, this company was founded by George J. Mecherle in June 1922. Along with business development, State Farm Insurances is one of the largest property and casualty insurance providers, and the largest auto insurance provider, in the United States. Overall, until 2024, this company has around 65,000 employees, 19,000 agents, 343 claim offices and 30 operations centers. In terms of its financial ratings, State Farm Insurance has gotten ratings A++ from A.M. Best®, Aa1 from Moody’s®, and AA from Standard & Poor’s. Financially, in terms of financial position according to the annual report of 2024, State Farm Insurance has total assets of USD 239 billion, and State Farm successfully gained a net income of USD 4.86 billion.

According to the report of The National Association of Insurance Commissioners (NAIC) in 2024, in the commercial auto industries of USA’s market, State Farm got a direct premium written of USD 2 billion and direct premiums earned of USD 1.82 billion. Overall, based on business performance, State farm got a market share 2.78 %.

Official State Farm Insurance Media:

State Farm Insurance Official Website: https://www.statefarm.com/

Youtube: https://www.youtube.com/@statefarm

LinkedIn: https://www.linkedin.com/company/state_farm/

 

9. W.R. Berkley Corporation

Founded in 1967 by Bill Berkley, W. R. Berkley Corporation has grown into one of the largest commercial auto insurers in the United States. Financially, according to its annual report in 2024, W. R. Berkley Corporation has total assets of around USD 40.5 billion with total liabilities USD 32.1 billion. In terms of business performance in 2024, W. R. Berkley Corporation gained net earnings reaching USD 1.7 billion.

Specifically, in the USA’s commercial auto insurance industry, W.R. Berkley Corporation got direct premiums written USD 1.48 billion and direct premiums earned of around USD 1.43 billion. In 2024, W.R. Berkley Corporation got a market share of 2.06 % in the commercial auto insurance industry in the USA's market.

Official Wr Berkley Corporation Media:

Wr Berkley Corporation Official Website: https://www.berkley.com/

Youtube: https://www.youtube.com/user/WRBerkleyCorp

LinkedIn: https://www.linkedin.com/company/wrberkleycorporation/

 

 10.The Hartford

 

Operationally, Hartford has a head office in Lincoln Street Worcester, Massachusetts. Based on financial ratings, Hartford got an A rating from A.M. Best and A2 from Moody’s. As of 2023, this company has approximately 18,700 employees and financially, as of 2024, the total assets of Hartford reached USD 80.9 billion and stockholders’ equity of USD 16.4 billion. In terms of business performance in 2024, Hartford Insurance gained a net income of USD 3.1 million.

In the commercial auto insurance industry, Hartford got direct premiums written at about USD 1.48 billion and direct premiums earned around direct premiums earned USD 1.43 billion. Based on The USA’s commercial auto insurance market share, this Hartford has a market share of 2.00 %.

Official Hartford Fire & Casualty Media:

Hartford Fire & Casualty Official Website: https://www.thehartford.com/

Youtube: https://www.youtube.com/user/thehartford

LinkedIn: https://www.linkedin.com/company/the-hartford/

 11. American International Group

American International Group, Inc., also known as AIG, is an American multinational insurance corporation. Historically, Cornelius Vander Starr founded this company on December 19, 1919. Along with business development, AIG has provided insurance solutions that help businesses and individuals in approximately 200 countries. In General Insurance, AIG gained net premiums written of around USD 23.9 billion. In the labor force aspects, AIG had approximately 22,200 employees based in approximately 46 countries as of December 2024.

Throughout 2024, based on the financial structure on the balance sheet in the annual report of 2024, the American-based company has total assets around USD 161 billion with total liabilities around USD 118 billion. Based on the business performance in 2024, AIG can get total revenue around USD 27.2 billion but unfortunately suffered net loss around USD 0.92 billion. Based on the performance in the USA’s commercial auto insurance industry, American International Group got direct premiums written of USD 1.38 billion with direct premiums earned of USD 1.28 billion. Furthermore, American International insurance got a market share of 1.91 % of the commercial auto insurance industry.

Official American International Group Media:

American International Group Official Website: https://www.aig.com/home

Youtube: https://www.youtube.com/user/AIG

LinkedIn: https://www.linkedin.com/company/aig/

 

 

12.Chubb

 

The foundation of Chubb 1882 is the initiation of Thomas Caldecot Chubb and his son Percy. From the Marine industry to insurance business, nowadays, Chubb has grown into more than USD 246 billion in total assets with total liabilities of around USD 178 billion as of December 2024. In terms of business performance in 2024, Chubb Limited successfully gained total revenue of around USD 55.7 billion and net income of around USD 9.6 billion in the year of 2024. Operationally, Chubb has executive offices in Zurich, New York, London, Paris, and other locations, and employs approximately 40,000 people worldwide. With operations in 54 countries and regions, Chubb provides commercial and consumer P&C insurance, Accident and Health (A&H), reinsurance, and life insurance to a diverse customer.

Furthermore, based on the financial rating, Chubb’s got financial strength ratings of AA from Standard & Poor’s and A++ from A.M. Best. Based on business positions in the commercial auto insurance industry at the USA’s market, Chubb got direct premiums written of USD 1.2 billion with direct premiums earned of USD 1.16 billion. Based on market share, Chubb got a market share of 1.68 %.

Official Chubb Ltd Media:

Chubb Ltd Official Website: https://www.chubb.com/us-en/

Youtube: https://www.youtube.com/@ChubbInsurance

LinkedIn: https://www.linkedin.com/company/chubb/

 

13. Fairfax Financial Group    

Fairfax Financial Holdings is one of the largest insurance companies in the USA. Historically, this company was founded in 1951. According to the Annual Report in 2024, Fairfax Financial Group has total assets of around USD 96.7 billion with total liabilities USD 68.4 billion. In terms of business performance in 2024, Fairfax financial successfully earned net earnings reached USD 4.2 billion. In the USA’s Commercial Auto Insurance Industry according to the report of NAIC, Fairfax Financial Holdings gained direct premiums written around USD 1.17 billion and direct premiums earned of USD 1.1 billion with the market share 1.62%.

Official Fairfax Financial Media:

Fairfax Financial Official Website: https://www.fairfax.ca/

 

14. Selective Insurance Group 

Selective Insurance Group, Inc. is a New Jersey insurance holding company incorporated in 1977. As of 2024, Selective insurance employs a workforce of more than 2,000 engaged personnel. Furthermore, Selective Insurance Group owns ten property and casualty insurance subsidiaries and the insurance subsidiaries of Selective sell products and services only in the United States ("U.S.") and exclusively through independent insurance agents and wholesale brokers. As of now, Selective Insurance offers some insurance products including Business insurance, Personal insurance, Flood insurance, or Excess & Surplus insurance.

Financially, according to the annual report of 2024, Selective Insurance has total assets of around USD 13.5 billion and total liabilities of around USD 10.3 billion. In terms of business performance in 2024, Selective Insurance successfully gained total revenue of around USD 4.8 billion and earned net income of around USD 0.20 billion. Particularly, in commercial auto insurance, Selective Insurance Group successfully gained Direct premiums written of USD 1.15 billion with direct premiums earned of USD 1.0 billion.

Official Selective Insurance Media:

Selective Insurance Official Website: https://www.selective.com/

Youtube: https://www.youtube.com/@SelectiveInsurance

LinkedIn: https://www.linkedin.com/company/selective-insurance/

 

 15. American Financial Group

American Financial Group was founded in 1872. Along with business development, Nowadays, American Financial Group has more than 7,500 employees in approximately 120 locations worldwide. Operationally, this company has a head office in American Insurance Group Tower, Cincinnati, Ohio. Financially, in 2024, American Financial Group has total assets of around USD 30.8 billion with total liabilities USD 26.3 billion. In terms of business performance in 2024, American Financial Group Corporation gained net earnings reaching USD 0.88 billion.

Specifically, in the USA’s commercial auto insurance industry, American Financial Group has direct premiums written USD 1.14 billion with direct premiums earned USD 1.1 billion. Furthermore, American Financial Group has a market share of 1.58 % in the USA’s commercial auto insurance industry. 

Official American Financial Group Media:

American Financial Group Official Website: https://www.afginc.com/

Youtube: https://www.youtube.com/@GAIGroup

LinkedIn: https://www.linkedin.com/company/great-american-insurance/

 

16. CNA Insurance Group       

CNA Financial Corporation was founded in 1897 and still has a central office in Chicago, Illinois, U.S. With more than 125 years of experience, CNA has more than 6,000 employees and has 59 offices in 11 countries. Financially, in 2024, CNA financial has total assets of around USD 66.4 billion and total liabilities USD 55.9 billion. In terms of business performance, CAN Financial gained total net income of CNA reaching USD 0.95 billion. Furthermore, based on the report of National Association of Insurance Commissioners (NAIC) in 2024, CAN Insurance financially gained direct premiums written in commercial auto insurance around USD 1 billion and direct premiums earned USD 0.98 billion. Overall, in the USA’s market, CNA insurance has a market share of 1.52% in the commercial auto insurance industry.

Official CNA Insurance Media:

CNA Insurance Official Website: https://www.cna.com/

LinkedIn: https://www.linkedin.com/company/cna-insurance/

 

17. Tokio Marine Holdings Inc Group        

Tokio Marine Holdings, Inc. is an insurance company that has a primary office in Tokyo. Historically, this company was founded in 1879. Along with the business development of the company, Tokio Marine has operated in 46 countries with total employees of 43,000 people worldwide. Financially, as of December 2024, Tokio Marine holding has total assets of JPY 31.2 trillion and total liabilities around JPY 26.1 trillion. In terms of business performance Tokio Marine successfully gained net adjusted net income reaching JPY 1,055 billion. In the USA’s commercial auto insurance industry, according to the report of National Association of Insurance Commissioners (NAIC), Tokio Marine Holdings gained direct premiums written of USD 1 billion and direct premium earned of USD 1 billion with the market share of 1.52 %.

Official Tokio Marine Holdings Inc Media:

Tokio Marine Holdings Official Website: https://www.tokiomarinehd.com/en/

LinkedIn: https://www.linkedin.com/company/tokio-marine-holdings/

 

18. Erie Insurance Group        

Erie Insurance Group is the insurance company which was founded in 1925 by H.O. Hirt (1887-1982) and O.G. Crawford (1884-1961). Nowadays, Erie Insurance Group has headquarters in Erie, Pennsylvania which employs Over 6,800 people and 14,000 independent agents. As of 2024, total policies in force of Erie Insurance reached 7.1 million.

In terms of financial aspects, according to its annual report in 204, Erie Insurance has total assets of around USD 2,889 million with total equity of USD 1,987 million. In terms of business performance in 2024, Erie Insurance successfully gained net income of USD 600 million. Furthermore, according to the Report of NAIC in 2024, the direct premiums written by Erie Insurance reached USD 1.032 billion and direct premiums earned USD of around 0.963 billion. In the USA’s commercial auto insurance industry, Erie Insurance gained market share of 1.43%.

Official Erie Insurance Media:

Erie Insurance Official Website: https://www.erieinsurance.com/

Youtube: https://www.youtube.com/user/ErieInsurance

LinkedIn: https://www.linkedin.com/company/erie-insurance-group/

 

19. Sentry Insurance Group    

Sentry Insurance was established in 1904 with headquarters in Stevens Point, Wisconsin, USA. As of 2024, Sentry Insurance employed 6,000 people. As of 2024, total assets of Sentry Insurance reached USD 27.4 billion with total liabilities of USD 19.4 billion. Based on business performance, Sentry Insurance successfully achieved a net income of USD 0.41 billion. As of insurance companies, Sentry Insurance provides some insurance products including 401(k) and other retirement plans, Builder’s risk insurance, Building insurance, Business auto insurance, Business income insurance, Business liability insurance, Business life insurance, Business owner insurance, Business personal property insurance, Commercial auto insurance, Commercial auto liability, Commercial property coverage, Commercial umbrella insurance, Crime insurance, Contractor’s equipment insurance, Cyber liability insurance, Employee benefits liability insurance, General liability insurance, Individual life insurance, and others. Operationally, in the USA’s commercial auto industry, Sentry Insurance Group successfully gained direct premiums written reaching USD 1.0 billion with a direct premium earned of USD 0.977 billion.

Official Sentry Insurance Media:

Sentry Insurance Official Website: https://www.sentry.com/

Youtube: https://www.youtube.com/@SentryInsurance

LinkedIn: https://www.linkedin.com/company/sentryinsurance/

 

20. CSAA Insurance

Historically, CSAA insurance was founded in 1914 and is still headquartered in Walnut Creek, California. Commonly, CSAA Insurance Group is an insurance company that works with AAA clubs to provide policies to AAA members. In terms of insurance business, CSAA Insurance provides automobiles, homeowners, and other personal lines of insurance AAA Members through AAA clubs in 23 states and the District of Columbia. Operationally, CSAA has offices in Arizona, California, Colorado, Nevada, New Jersey, and Oklahoma. Financially, in the year 2024, in the Commercial Auto Insurance industry at the USA Market, CSAA successfully gained direct premiums written of around USD 0.999 billion and direct premiums earned reaching USD 0.771 billion.

Official CSAA Insurance Media:

CSAA Insurance Official Website: https://csaa-insurance.aaa.com/

Youtube: https://www.youtube.com/@csaainsurancegroup

LinkedIn: https://www.linkedin.com/company/csaa-insurance-group/

 

21. Cincinnati Financial Group         

Cincinnati Financial Group was formed in 1968 with headquarters in Fairfield, Ohio. Operationally, in 2023, Cincinnati Financial Group had four subsidiary companies, namely The Cincinnati Insurance Company (Cincinnati Insurance), Cincinnati, Global Underwriting Ltd. (Cincinnati Global), CSU Producer Resources Inc., and CFC Investment Company. According to its annual report for 2024, Cincinnati has total assets of around USD 36.5 billion and total liabilities of around USD 22.5 billion. In terms of business performance in 2024, Cincinnati Insurance successfully gained net income of around USD 2.2 billion. According to the Report of NAIC in 2024, the direct premiums written by Cincinnati Financial Group reached USD 0.951 billion and direct premiums earned USD 0.916 billion. In the USA’s commercial auto insurance industry, Erie Insurance gained market share of 1.32%.

Official Cincinnati Financial Media:

Cincinnati Financial Official Website: https://www.cinfin.com/

LinkedIn: https://www.linkedin.com/company/the-cincinnati-insurance-companies/

 

22. Acuity A Mutual Insurance Co    

Starting its business in 1925, Acuity Insurance has insured over 125,000 businesses, including 300,000 commercial vehicles, and nearly a half million homes and private passenger autos across our operating territory. Operationally, This Company has employed over 1,700 people. Based on its position as an insurance company in commercial auto, Acuity A Mutual Insurance Co successfully collected direct premiums written USD 0.932 billion with direct premiums earned USD 0.876 billion. In the USA’s commercial auto insurance industry, Acuity insurance got a market share of 1.29 %.

Official Acuity  Insurance Co Media:

Acuity  Insurance Official Website: https://www.acuity.com/

Youtube: https://www.youtube.com/acuityinsurance

LinkedIn: https://www.linkedin.com/company/acuity-insurance/

 

23. Federated Mutual      

  

Historically, Federated insurance was founded in 1904 with the initiative a group of farmers and business owners in and around Owatonna, Minnesota, pooled their resources, seeking better value for their premium dollar. As of now, Federated insurance has home office remains in Owatonna, a small city nestled in the prairie of southern Minnesota. Along with business development, Federated insurance serve customers in 49 states and the District of Columbia, with a regional office in Phoenix, Arizona, and service centers throughout the USA. Furthermore, in the insurance business, Federated insurance offers some insurance products including Commercial Property Insurance, General Liability Insurance, Workers’ Compensation Insurance, Commercial Auto Insurance, Commercial Umbrella Insurance, Errors and Omissions Insurance, Environmental Liability Insurance, Life, Disability, and Annuity Insurance, Surety Bonds. Specifically, in the USA’s commercial auto industry, Federated Mutual Insurance Company successfully collected direct premiums written USD 0.859 billion with direct premiums earned USD 0.800 billion.

Official Federated Mutual Media:

Federated Mutual Official Website: https://www.federatedinsurance.com/

LinkedIn: https://www.linkedin.com/company/federated-insurance/

 

24. Nationwide Corp

Historically, Nationwide Mutual Insurance Company was founded in the 1920s as Farm Bureau Mutual. Later in 1955, the name was changed into Nationwide insurance until this time. To date, this company has a head office in One Nationwide Plaza, Columbus, Ohio, U.S.A and has around 25,000 employees. Financially, according to its financial position in 2024, Nationwide has total assets of USD 322 billion. Furthermore, related to business performance in 2024, The Nationwide Mutual Insurance Company successfully generated total revenue of USD 68.5 billion and a net income of USD 3.2 billion.

Furthermore, in the USA’s commercial auto insurance industry of 2024, Nationwide Corporation got direct premiums Written USD 0.843 billion with direct premiums earned USD 0.980 billion. Based on the market share, Nationwide Corporation got around 1.17 % of the USA’s commercial auto market share.

Official Nationwide Corp Media:

Nationwide Corp Official Website: https://www.nationwide.com/

Youtube: https://www.youtube.com/nationwide

LinkedIn: https://www.linkedin.com/company/nationwide/

 

25. Kemper Corporation   

Kemper Corporation is an insurance holding company that offers diversified insurance products (Car Insurance, Commercial Auto, Commercial General Liability, Business Owners Policy, Whole Life, Term Life, Guaranteed Issue, Accident and Health, Fire/Contents Protection, Motorcycle, ATV). As of 2024, Kemper has over 4.7 million policies, is represented by approximately 24,000 agents and brokers, and has approximately 7,500 associates. Financially, according to its annual report of 2024, Kemper Insurance has total assets of around USD 12.6 billion with total liabilities of around USD 9.8 billion. In terms of business performance in 2024, Kemper Insurance successfully gained total revenue of around USD 4.6 billion with net income reaching USD 0.31 billion. Specifically, in the commercial automotive insurance industry, in the USA market, Kemper Corporation successfully collected premiums written of around USD 0.798 billion with direct premiums earned of around USD 0.725 billion.

Official Kemper Corp Media:

Kemper Corp Official Website: https://www.kemper.com/

Youtube: https://www.youtube.com/@kemper_insurance

LinkedIn: https://www.linkedin.com/company/kemperinsurance/

 

26. Arch Capital Group       

Arch Capital Group was formed in September 2000, and this company has core businesses into three underwriting segments including insurance, reinsurance, and mortgage. Operationally, Arch Insurance has main offices in Bermuda, the U.S, the U.K., Europe, Canada, and Australia. In the USA’s insurance industry, Arch provides a diversified range of property, casualty and specialty insurance intended for corporations, professional firms and financial institutions across the U.S.A. Operationally, In the U.S.A, Arch Insurance Group has executive offices located in New York City, with regional offices in New York City (Northeast Region), Atlanta (Southeast Region), Chicago (Central Region), San Francisco (Western Region) and Dallas (South Central Region). 

Financially, in 2024, Arch Capital has total assets of USD 70.9 billion with total liabilities reaching USD 50 billion. Furthermore, in terms of business conditions, Arch Capital successfully gained total revenue of USD 17.4 billion with a net income of USD 4.3 million. Specifically, in the commercial auto industry the Arch Capital successfully collected direct premiums written USD 0.797 billion with direct premiums earned USD 0.758 billion.

Official Arch Insurance Media:

Arch Insurance Official Website: https://insurance.archgroup.com/

 

27.Allstate Insurance

Allstate was formed on April 17, 1931, when the Great Depression happened, and many Americans struggled with the fiscal crisis. Operationally, in its business, this company has some products in insurance industries. The primary business is in Vehicle insurance, Property insurance, and other (Personal umbrella policy, Retirement, Allstate Health Solutions, Voluntary employee benefits, Pet, and Event). Officially, this company still has a primary office in Northbrook, Illinois, U.S.

Operationally, along with business development as of December 2024, Allstate Corporation has 55,000 employees, 27,700 exclusive agents and agent support staff, and 55,000 independent agents. In the year 2024, the total assets of Allstate Corporation were recorded at USD 111 billion, and total liabilities reached USD 90 billion. In terms of business performance, Allstate Corporation successfully gained total revenue of USD 64.1 billion and successfully earned a net income of USD 4.6 billion. Based on its position as an insurance company in the USA’s commercial auto industry, Allstate successfully collected direct premiums written USD 0.797 billion with direct premiums earned USD 0.758 billion. In the USA’s commercial auto industry, Allstate got a market share of 0.91 %.

Official Allstate Insurance Media:

Allstate Insurance Official Website: https://www.allstate.com/

Youtube: https://www.youtube.com/@allstate

LinkedIn: https://www.linkedin.com/company/allstate/

 

28. EMC Insurance Co

Historically, EMC was founded in 1911 and still has headquarters in Des Moines, Iowa. As of 2024, EMC has 3,693 independent agencies and 2,164 team members. Commonly, EMC provides insurance products in more than 40 states in the USA. In the types of business and commercial insurance, EMC offers some insurance products, namely Commercial property insurance, Liability Insurance, Workers' compensation insurance, Business owners policy, Commercial auto insurance, Cyber insurance, Errors and omissions insurance, and Commercial umbrella insurance. Specifically, in the USA’s commercial auto insurance industry of 2024, EMC Insurance successfully collected direct premiums written of around USD 0.647 billion and direct premium earned of around USD 0.654 billion.

Official Emc Insurance Co Media:

Emc Insurance Official Website: https://www.emcinsurance.com/

Youtube: https://www.youtube.com/@emcinsurance

LinkedIn: https://www.linkedin.com/company/arch-insurance-group/

 

29. Farmers Insurance      

Farmers insurance is one of the biggest property and casualty (P&C) insurance companies in the United States. Historically, the journey of this company was started in 1928 with the initiative of John C. Tyler and Thomas E. Leavey. Along with business development, Farmers Insurance company can serve more than 10 million households with more than 19 million individual policies in 50 states of the USA. As of now, in terms of business insurance, Farmers offers insurance and financial products through multiple companies, brands, and distribution channels, including a network of Farmers Insurance® exclusive agencies, tens of thousands of independent agents, and direct sales online and through company call centers. Specifically, in the insurance industry, Farmers insurance provides some diversified insurance products including vehicle insurance, bundle & save, property insurance, life insurance, commercial insurance, employee/affinity insurance, and others. In the USA Market of Commercial Auto Insurance industry, Farmers Insurance successfully collected direct premiums written around USD 0.603 billion with direct premiums earned USD 0.606 billion.

Official Farmers Insurance Media:

Farmers Insurance Official Website: https://www.farmers.com/

Youtube: https://www.youtube.com/@farmersinsurance

LinkedIn: https://www.linkedin.com/company/farmers-insurance/

 

30. Markel         

 

Markel Group is a financial company focusing on three businesses through Insurance, Investments, and Ventures activities. Specifically, Markel Group through its subsidiary company provides some insurance products including General liability products, professional liability products, personal lines products (classic cars, motorcycles and a variety of personal watercraft and recreational vehicles), Marine and energy products, Property, and others.

Financially, according to its annual report, Markel Group has total assets of around USD 61.8 billion with total liabilities USD 44.4 billion. In terms of business performance in 2024, Markel Group gained net income reaching USD 2.8 billion. Specifically, in the USA Market of Commercial Auto Insurance Industry in 2024, Markel successfully collected direct premiums written of around USD 0.578 billion and direct premiums earned of around USD 0.500 billion.

Official Markel Media:

Markel Official Website: https://www.markel.com/

LinkedIn: https://www.linkedin.com/company/markel-insurance/

 

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The Summary of 15 Largest Commercial Auto Companies Based on Direct Premiums Written in USA in 2024

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The Summary of 15 Largest Commercial Auto Companies Based on Direct Premiums Earned in USA in 2024

 

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Bibliography of Top 30 Largest Commercial Auto Insurance Companies in USA

 

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