State Farm Mutual Automobile Insurance Co. retains its perch atop the homeowners insurance market according to new statutory data from SNL Financial.
Start Farm charted $3.37 billion in direct written premium in Q1 of 2011, easily besting second place finisher Allstate Insurance Co. which tallied $1.34 billion in premium for the quarter and third place Farmers Group Inc., which brought in $807 million for the quarter. Travelers Insurance Co., USAA Insurance Group Inc., Liberty Mutual Group Inc., Nationwide Insurance Group, Chubb Corp., Liberty Mutual Agency Corp. and American Family Mutual rounded out the top ten.
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