State Farm has once again claimed the top position in AM Best’s rankings of US Property and Casualty (P&C) insurers for 2023, reinforcing its dominance in the market. The company’s total net premiums written (NPW) surged by an impressive 19.1% to $92.6 billion, further widening the gap between itself and its competitors. Dominance in the P&C Sector In the dynamic world of insurance, rankings can be both stable and surprising. Here, we explore the latest shifts among top US Property and Casualty (P&C) insurers, spotlighting substantial changes in Net Premium…
Read MoreState Farm Dominates and Soars to Top of AM Best Rankings with $92.6 Billion in Premiums!
