The National Association of Mutual Insurance Companies reported that the trade association of insurance companies showed an increase of $26 billion in premium and two percentage points over the previous year’s figures premium volume and now represents 43 percent of the U.S. property/casualty insurers nationwide.
“NAMIC’s market share enjoyed strong growth last year as the association attracted new members and retained existing members by providing effective and high-value advocacy, public policy and member services,” said NAMIC President Chuck Chamness.
NAMIC total membership includes more than 1,400 members, which represent $196.4 billion in annual direct written premium. NAMIC reports that its members account for 44 percent of the homeowners market, 38 percent of the automobile market, 39 percent of the workers’ compensation market, and 31 percent of the commercial property and liability market.
Was this article valuable?
Here are more articles you may enjoy.
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 
US Appeals Court Rejects Challenge to Trump’s Efforts to Ban DEI 
What Analysts Are Saying About the 2026 P/C Insurance Market 
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call 
