NAIC: Travelers is Biggest WC Carrier

12 Mar, 2020 Nancy Grover

                               

Sarasota, FL (WorkersCompensation.com) – With more than $4.2 billion in direct written premium and 7.5 percent of market share, Travelers Group is the largest workers’ compensation, according to a new preliminary report. The National Association of Insurance Commissioners is providing weekly updates through March of its 2019 results of the Top 25 groups and companies by countrywide premium. The next on the list in order are: 

Organization                                                                    DWP                           Market Share 

  1. Travelers                                                     $4.211B          7.5%
  2. Hartford Fire and Casualty Group                  $3.365B           6%
  3. Zurich Insurance Group                                $2.640B           4.7%
  4. Liberty Mutual Group                                    $2.447B           4.36%
  5. Chubb Limited Group                                    $2,43B            4.33%
  6. Berkshire Hathaway Group                            $2.311B          4.12%
  7.  Amtrust Financial Services Group                  $2.17B            3.87%
  8. State Insurance Fund                                    $1.99B            3.56%
  9. Blue Cross Blue Shield of Michigan Group        $1.74B            3.11%
  10. American International Group                        $1.45B             2.59%
The list is included in the NAIC’s rankings of Property & Casualty insurers. The full market share reports for 2019 data are expected within a couple of months.

 


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    About The Author

    • Nancy Grover

      Nancy Grover is a freelance writer having recently retired as the Director, Media Services for WorkersCompensation.com. She comes to our company with more than 35 years as a broadcast journalist and communications consultant. Grover’s specialties include insurance, workers’ compensation, financial services, substance abuse, healthcare and disability. For 12 years she served as the Program Chair of the National Workers’ Compensation and Disability Conference® & Expo. A journalism/speech graduate of Ohio Wesleyan University, Grover also holds an MBA from Palm Beach Atlantic University.

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