List of Insurance Companies In The USA 2023
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What is the world’s largest insurance company in 2023? The insurance industry in the United States generates over $1.2 trillion dollars in premiums written each year. Hundreds of companies compete to offer various insurance products including life, health, property, casualty, and other offerings. This article will provide an overview of 10 of the largest and most prominent insurance carriers operating in America today.

List of Insurance Companies In The USA 2023
List of Insurance Companies In The USA 2023

List of Insurance Companies In The USA 2023

Here are some top US life insurance providers 2023;

State Farm

With revenue of over $81 billion, State Farm is the leading insurance provider in the United States. The company and its affiliates offer a wide range of products for auto, home, life, health, and commercial clients. Originally founded in 1922, State Farm is a mutual company still owned by policyholders.

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UnitedHealthcare provides health insurance plans and services covering over 50 million individuals across the U.S. and beyond. Its offerings range from employer-sponsored plans to Medicare and Medicaid government programs. With over $226 billion in 2020 revenue, it is one of the largest health insurers globally.


Progressive is the third-largest auto insurer in America, with nearly $47 billion in revenue in 2021. It provides insurance direct to consumers online and via mobile apps in addition to through independent agents. Progressive writes policies for auto, motorcycle, boat, commercial vehicles, and homes.


Allstate offers popular auto and home insurance products, generating over $44 billion in premiums written. Its policies cover around 16 million households across the U.S. Allstate also provides life insurance and retirement products. It utilizes data analytics to offer customized plans based on consumer risk profiles.

Liberty Mutual

With over 100 years of history dating to 1912, Liberty Mutual is a leading property and casualty insurer in the U.S. It offers insurance for auto, home, life, business, and specialty items like boats. In 2021, Liberty Mutual brought in nearly $48 billion in consolidated revenue.

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The Hartford

Founded in 1810, The Hartford provides insurance services from auto to commercial clients. This Fortune 500 company employs around 19,000 workers in offices across America and internationally. The Hartford brought in over $22 billion in revenue in 2021 through property and casualty, group benefits, and mutual funds.


Nationwide is one of America’s largest insurance and financial services companies with premiums over $26 billion annually. In addition to auto, home, and commercial policies, Nationwide provides retirement plans, banking services, mortgages, and investment management.


While exclusively for current and former military members and their families, USAA is one of the country’s most reputable insurers. It offers highly rated products for auto, home, life, health, and property insurance. USAA brought in over $35 billion in revenue in 2020.

Farmers Insurance

Specializing in auto, home, business, and life insurance plus financial services, Farmers Insurance collected around $19 billion in revenue in 2021. It provides policies through a network of over 48,000 exclusive and independent agents across the United States.

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Travelers offers commercial and personal coverage including auto, home, business, workers compensation, and more. Founded in 1864, it currently administers over $35 billion in premium volume annually. Travelers employs around 31,000 people and manages nearly $110 billion in assets.


This list highlights ten of the most significant insurance carriers powering a robust $1.2 trillion dollar industry in the United States. With their nationwide networks, these companies provide the insurance products and services that both businesses and individual consumers rely upon daily across America. The U.S. insurance market will continue rapidly evolving, but these leading brands are poised to remain competitive for decades to come.

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