491. First American Financial
Revenues ($M): $5,747.8 | Employees: 18,251 (Photo: First American Financial)
481. Old Republic International
Revenues ($M): $6,021.8 | Employees: 9,000 (Photo: Old Republic International)
441. Markel
Revenues ($M): $6,841.3 | Employees: 17,400 (Photo: Markel)
437. Alleghany
Revenues ($M): $6,887.2 | Employees: 9,300 (Photo: Alleghany)
427. American Financial Group
Revenues ($M): $7,150 | Employees: 7,600 (Photo: American Financial Group)
402. Fidelity National Financial
Revenues ($M): $7,594| Employees: 23,436 (Photo: Fidelity National Financial)
397. W.R. Berkley
Revenues ($M): $7,791.7 | Employees: 7,448 (Photo: W.R. Berkley)
382. Auto-Owners Insurance
Revenues ($M): $7,999.3| Employees: 5,517 (Photo: Auto-Owners Insurance)
381. Erie Insurance Group
Revenues ($M): $8,030.7 | Employees: 5,547 (Photo: Erie Insurance Group)
378. Assurant
Revenues ($M): $8,057.6 | Employees: 14,250 (Photo: Assurant)
306. American Family Insurance Group
Revenues ($M): $10,336.2 | Employees: 11,975 (Photo: American Family Insurance Group)
270. Farmers Insurance Exchange
Revenues ($M): $11,640.4 | Employees: 12,740 (Photo: Farmers Insurance)
226. Loews (CNA Insurance)
Revenues ($M): $14,066 | Employees: 17,900 (Photo: CNA Insurance)
161. Hartford Financial Services
Revenues ($M): $19,827 | Employees: 18,500 (Photo: Hartford Financial Services)
106. Travelers
Revenues ($M): $30,282| Employees: 30,400 (Photo: Travelers)
101. USAA
Revenues ($M): $31,367.8| Employees: 33,689 (Photo: USAA)
99. Progressive
Revenues ($M): $31,979 | Employees: 37,346 (Photo: Progressive)
82. Allstate
Revenues ($M): $39,815 | Employees: 45,420 (Photo: Allstate)
75. Liberty Mutual Insurance Group
Revenues ($M): $42,685 | Employees: 50,000 (Photo: Liberty Mutual)
73. Nationwide
Revenues ($M): $43,270 | Employees: 30,472 (Photo: Nationwide)
66. AIG
Revenues ($M): $47,389 | Employees: 49,600 (Photo: AIG)
36. State Farm Insurance
Revenues ($M): $81,732.2 | Employees: 56,788 (Photo: State Farm)
4. Berkshire Hathaway
Revenues ($M): $247,837 | Employees: 389,000 (Photo: Berkshire Hathaway)
It the 65th running of the list, the companies represented on this year’s Fortune 500 collectively makeup two-thirds of U.S. GDP, with approximately $13.7 trillion in revenues and nearly 29 million people employed worldwide.
In 2019, 23 property & casualty insurance companies, both mutual and stock, earned a spot on the esteemed list, which is ranked by companies’ total revenues for their respective fiscal years. For insurance companies, particularly, revenue includes premium and annuity income, investment income, and capital gains or losses, but exclude deposits.
Only one P&C insurance company is ranked among the top 10; however, seven are listed within the top 100 companies. One company also ranks among the top 10 biggest employers on the list, with 389,000 employees
To view the P&C insurers that made it on this year’s Fortune 500 list, click through above.
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