US EditionProgressive edges out State Farm with most direct premiums written in 2024
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Progressive edges out State Farm with most direct premiums written in 2024
Progressive now ranks as the No. 1 U.S. automobile insurer at 16.4% market share, according to 2024 A.M. Best’s rankings. State Farm came in a close second at 16.2% market share after leading the market the year before. This past year, Progressive saw direct premiums written (DPW) increase 22.2%, reaching $70.84 billion, while State Farm’s DPW rose 17% to $69.76 billion. In 2023, the roles were reversed as State Farm moved from No. 2 to No. 1 an…
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