Largest Writers of Flood Insurance in Texas

Columbus, Ohio, September 5, 2017: As Texans respond to the havoc and destruction caused directly or indirectly by Hurricane Harvey, the benefits available from flood insurance will be an important component of reparations.   Demotech has determined that based upon public information filed with the National Association of Insurance Commissioners, i.e., direct written premium reported at year-end 2016, 000 omitted, the thirty largest writers of flood insurance in the State of Texas were:

Wright National Flood Ins Co.

80,166

Texas Farmers Insurance Co.

41,969

American Bankers Ins Co. of FL

40,720

Allstate Insurance Co.

35,727

USAA General Indemnity Co.

20,650

Hartford Ins Co. of the MW

13,742

ASI Lloyds

12,847

Nationwide Mutual Insurance Co

6,112

Liberty Mutual Fire Ins Co.

5,314

Selective Ins Co. of the SE

5,154

Integon National Insurance Co.

4,564

Nationwide Mutual Fire Ins Co

4,459

National Lloyds Insurance Co.

4,104

Philadelphia Indemnity Ins Co.

3,790

American National P&C Co.

2,710

Homesite Lloyd’s of Texas

2,461

Foremost Ins Co. Grand Rapids

1,935

Universal North America Ins Co

1,303

Hartford Underwriters Ins Co.

1,202

Metropolitan P&C Insurance Co.

936

Bankers Insurance Co.

933

Privilege Underwriters Reciprocal

681

United P&C Insurance Co.

601

QBE Insurance Corp.

485

New Hampshire Insurance Co.

429

Westfield Insurance Co.

419

Service Insurance Co (FL)

371

Centauri Specialty Ins Co.

319

Occidental F&C Co. of NC

182

Century-National Insurance Co.

148

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About Demotech, Inc.

Demotech, Inc. is a financial analysis firm specializing in determining the financial stability of regional and specialty insurers.  Since 1985, Demotech has served the insurance industry by providing accurate and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters.  FSRs are a leading indicator of the financial stability of an insurance company and provides an objective baseline into the future solvency of a company.  It is Demotech’s philosophy is to view an insurer as a functional entity, based on sound business practices and expertise rather than financial size.  Demotech’s philosophy was the catalyst underlying the Demotech Company Classification System utilized to identify carriers by the business strategy underlying the implementation of their operations rather than categorizing carriers based upon size.  Visit www.demotech.com for more information.