Property & Casualty Market Continues to Climb

by Mark Friedman  on Monday, Nov. 11, 2013 12:00 am  

Floyd Morgan

Centennial Insurance declined to release premium numbers to Arkansas Business.

P&C Companies

Arkansas Business’ list of property and casualty companies ranks insurance firms with headquarters in and outside Arkansas by the amount of premium written in Arkansas in 2012 based on figures on file with the Arkansas Insurance Department.

More: Download the list of Arkansas' largest property and casualty companies.

Of the 35 companies on the list, only one, Farm Bureau Mutual Insurance Co. of Arkansas Inc., has its national headquarters in Arkansas.

The No. 1 firm was once again State Farm Insurance of Bloomington, Ill. State Farm and its subsidiaries reported an increase in Arkansas premium of 4.29 percent, to $586.73 million, more than the No. 2 and No. 3 carriers combined in 2012.

Farmers Insurance Co. Inc. of Los Angeles hung onto the No. 2 slot with $255.33 million in Arkansas premium, which was up from the $233.71 million it had in 2011.

Farm Bureau Mutual Insurance Co. of Arkansas Inc. remained in the No. 3 position with $240.80 million in premium, up 3.9 percent from 2011.

 

 

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