Leading property and casualty insurance companies in the U.S. 2020-2021, by revenue

In 2021, State Farm Insurance was the leading mutual property and casualty insurance company in the United States, with revenues amounting to approximately 82 billion U.S. dollars. Nationwide was the second largest company, with around 47 billion U.S. dollars in revenue that year.

Property and casualty market in the U.S.

The property, casualty and direct insurance market in the United States has been growing steadily over the past decade. However, the number of people employed in this sector has varied considerably over the same period. In 2014, approximately 595 thousand people worked in the sector, which then grew to 644 thousand two years later and - after two years of decline - has risen further to around 647 thousand as of 2019.

State Farm Insurance

State Farm Mutual Automobile Insurance offer a wide variety of insurance products, including auto insurance, life insurance, homeowners insurance and health insurance. The company is headquartered in Bloomington, Illinois, and held almost ten percent of the total market share in 2019.