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There's some interesting free data on insurance market shares. The following website is a good resource:

http://www.naic.org/research_actuarial_dept.htm

According to the "Top 25" Property and Casualty market share statistics, Berkshire as a whole is #7 in terms of direct premiums earned with a market share of 3.59%. If we look at market share for total private passenger auto, Berkshire (GEICO) is #3 with 9.07% market share trailing State Farm (18.62%) and Allstate (10.32%) and leading Progressive (7.94%).

More granular reports (including state market share) are available from NAIC for around $200 but I'm not inclined to pay for it: http://www.naic.org/store_pub_statistical.htm#auto_ins_datab...

However, some information is available from the New Jersey department of insurance and banking. The following PDF is geared toward consumer complaint data but also shows vehicles insured as of 12/31/11:

http://www.state.nj.us/dobi/division_consumers/pdf/complaint...

The report shows that Progressive had 304,488 vehicles insured as of 12/31/11 with GEICO at 763,470. (As an aside, GEICO has a much better score on complaints).

I couldn't easily find similar information on New York state, but GEICO states that it has #1 market share in New York State:

http://www.geico.com/information/states/ny/

So the bottom line is that GEICO is likely to face larger losses than those reported by Progressive.

And if Berkshire's total share of Sandy losses amount to about 4% of industry losses and industry losses come in at the high side of recent estimates ($25 billion), we're looking at $1 billion in losses, or $650 million after tax. That is close to $400/A share or $0.27/B share. Use this to calculate your "look through" Sandy costs by multiplying your shares owned by these estimates. It isn't the end of the world at all.
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