Download the 2025 Texas Annual P&C Marketplace Summary Report

The 2025 Texas Annual P&C Marketplace Summary Report, is now available exclusively to IIAT members.

This comprehensive, data-rich report delivers an in-depth overview of the Texas P&C insurance landscape with insights designed specifically for independent agents. Developed by Real Insurance Solutions Consulting, the report draws from A.M. Best’s most recent data and offers a clear picture of the market trends from 2020 through 2024.

What’s Inside the Report?

The report breaks down key performance metrics and market intelligence across 32 lines of business, including:

• Direct Premium Written (DPW) totals for Texas across all P&C lines

• Loss and combined ratios, both one-year and five-year trends

• Premium change rates, including year-over-year and compound five-year growth

• Commission rate comparisons by line and state

• Penetration rates by distribution channel (Independent, Captive, Direct)

• Surplus lines data, highlighting high-growth segments

• Premium tax trends in Texas and across the U.S.

• Top 10 Lines of Business for Independent Agents in Texas

• Rankings of Texas insurers by premium and loss ratio performance

Plus: helpful appendices that define P&C lines, explain distribution classifications, and identify the fastest-growing insurers in Texas.

Why Download the Report?

Independent agents are at the heart of the Texas insurance marketplace, controlling 64.9% of the state’s P&C premium volume in 2024, compared to the national average of 61.5%. This report offers:

• Market clarity: Understand which lines are growing, under stress, or shifting in distribution.

• Competitive intelligence: Benchmark performance against national averages and your peers.

• Business strategy support: Make informed decisions about which markets to pursue or exit.

• Carrier insight: See which insurers are increasing market share or showing profitability issues.

• Regulatory context: Stay aware of tax trends and surplus lines growth that could affect placement and pricing.

A Few Key Highlights from the 2024 Data:

• Texas ranked #2 in total P&C premium volume in the U.S., writing $101.9 billion.

• Top Lines for Independent Agents: Private Passenger Auto, Homeowners Multi-Peril, and Commercial Auto.

• Highest Loss Ratios in Texas: Multi-Peril Crop (119.6%), Private Crop (110.6%), and Liability – Occurrence (87.7%).

• Independent Agent penetration is highest in Private Crop, Multi-Peril Crop, and Excess Workers’ Comp (all above 99%).