Insurers With the Most Exposure to Sandy

November 7, 2012

SNL took a look at the top writers of homeowners and commercial multi-peril policies in New York, New Jersey, Pennsylvania, Delaware and Maryland, plus the District of Columbia.

While other lines of business could potentially be affected, such as policies for auto coverage, homeowners and commercial multiperil accounted for more than half of the catastrophe premiums written by the majority of insurers in the region, as of the year ended Dec. 31, 2011.

State Farm Mutual Automobile Insurance Co. and Allstate Corp. were at the top of the list and together accounted for nearly a quarter of the overall premiums.

Read the full report here:

Source: SNL Financial

Latest Comments

  • November 15, 2012 at 4:56 pm
    Larry Hoffman says:
    How can this be --- where is Lyodd's on this list, they certainly had most of the coastal exposure, most of the companies listed have guidelines excluding losses within 5 mile... read more
  • November 9, 2012 at 8:18 am
    Barry Rabkin says:
    Pleaase do not call Sandy a Hurricane.... don't want to upset the various governors who want to make sure it can't be called that to avoid the legal requirements of the insura... read more

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