Homeowners insurers log record high in premiums written during Q2'21

The U.S. homeowners insurance market booked $31.91 billion in direct premiums written in the second quarter, a record quarterly high for the industry, an S&P Global Market Intelligence analysis shows.

Homeowners insurers recorded $29.93 billion in direct premiums written during the same period a year ago.

State Farm Mutual Automobile Insurance Co. retained its spot as the largest writer of homeowners insurance in the U.S. with $5.86 billion of direct premiums written during the quarter, equivalent to year-over-year premium growth of 8.7%.

Allstate Corp. remained in the second spot with $2.73...