State Farm maintains lead in homeowners insurance market

State Farm maintains lead in homeowners insurance market

American Family Insurance emerged with the second-highest loss ratio in the analysis at 96.8%, registering an increase of 39.7 percentage points from the previous year’s 57.1%. Other insurers with notable increases include Nationwide, Travelers, and Liberty Mutual, with loss ratios rising to 86.4%, 80.2%, and 76.7%, respectively.

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