Movin' on up: some of the nation's largest homeowners insurers are gaining on or passing their competitors in market rank.(Property/Casualty)

Best's Review, November, 2006 by Cavanaugh, Bonnie Brewer

Key Points

* Allstate, the second-largest homeowners insurer, picked up nearly a full percentage point in market share in 2005 while scaling back its homeowners business in high-risk states.

* The top 25 largest writers of homeowners business include two newcomers: California State Auto Group and Tower Hill Group.

* Two of the top 15 players--Auto-Owners Insurance Group and MetLife Auto & Home Group--advanced one rank each, even though both had decreased percentage shares of the market when compared with 2004 figures.

Despite an unprecedented windstorm season and insurers' attempts to scale back operations in storm-prone areas, the national homeowners insurance market saw increases in some individual market shares in 2005. And, some...

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