Latest Profit Loss Headlines

All the headlines from our Profit Loss Topic Page, ordered by recency.

Georgia Republicans Move to Scrap State Income Tax by 2032 Despite Concerns

Jan 12 2026 // Eliminating state income taxes sounds great to many voters, but Republicans backing the push in multiple states still face questions about whether such big tax cuts can be made without raising other taxes or sharply...

Indian Insurer’s Worker Posts Draft Earnings in WhatsApp Status

Jan 12 2026 // ICICI Lombard General Insurance Co., a unit of India’s second-largest private lender, said an employee uploaded undisclosed information about third quarter earnings as a personal WhatsApp status, days ahead of the...

German Dentists’ Fund Sues Advisers Over €1.1 Billion Loss

Jan 8 2026 // A German pension fund whose foray into private markets led to losses that totaled half of the fund’s assets has begun legal proceedings against its former auditor, an adviser and its own managers to recover the...

US Wants Venezuelan Oil Flowing Again With Revenues in US Accounts, Wright Says

Jan 7 2026 // Energy Secretary Chris Wright said on Wednesday the United States government wants to get Venezuelan oil flowing again, deposit money into U.S.-controlled accounts and create conditions for U.S. oil companies to enter the...

SCDOI Says Uninsured Motorist Fund Payments Should Be Considered ‘Other Income’

Jan 6 2026 // Auto insurers in South Carolina should soon start receiving checks from the state to help defray the cost of providing uninsured motorist coverage, but carriers must properly calculate and account for the money.The state...

California Cuts PG&E’s and Edison’s Profits for Grid Investments

Dec 19 2025 // California regulators reduced the profit that utilities are allowed to make on infrastructure investments in an effort to rein in soaring electricity bills.Related: Massive Wildfire Liabilities Push Utilities to Use AI to...

Former National General Loss Rep and Mom Charged With Fake Claims Scam

Dec 18 2025 // A former loss representative for National General Insurance Co. and his mother allegedly ran a scheme in 2022 that involved false claims, a fake towing company and a $141,000 loss for the insurer.Horace Kelly, 40, and his...

LA Fires and US Severe Convective Storms Drive Insured Losses of $107B in 2025

Dec 16 2025 // Insured losses from natural catastrophes will surpass US$100 billion mark in 2025 for the sixth consecutive year – driven mainly by January’s record Los Angeles wildfires as well as severe convective storms (SCS)...

Swiss Re Shares Drop After New Profit Target Falls Short of Expectations

Dec 5 2025 // Swiss Re shares dropped 7.5% on Friday after the world’s second-largest reinsurer announced a new profit target that fell short of market expectations.The Zurich-based company said it was aiming for group net income...

Profits Versus Christmas Cheer—A Good-Business Lesson

Dec 5 2025 // This post is part of a series sponsored by Old Republic Surety.Dan Pope, Senior Vice President of Underwriting at Old Republic Surety, learned a lesson as a young surety rep about the most important numbers at a...

Hong Kong Fire to Hurt Taiping Insurance Earnings, Fitch Says

Dec 4 2025 // The deadly fire that ripped through seven high-rise towers in Hong Kong is expected to result in a surge in near-term claims among insurers, and hit earnings of the complex’s main underwriter, an affiliate of China...

Florida, East Coast to See Big Insured Losses From More Cat 5 Storms, Researchers Say

Dec 2 2025 // The just-ended 2025 Atlantic hurricane season surprised some forecasters after it produced no major storms that hit the United States. But the hurricanes that did arise, with most remaining offshore and one slamming...

Nonstandard Auto Insurers Continue Profit Momentum in 2025: AM Best

Dec 1 2025 // The nonstandard auto insurance market in 2025 certainly looks to be maintaining the momentum it gained last year, according to a new report from AM Best.The insurance industry rating agency said U.S. private passenger...

Nonstandard Auto Insurers Continue Profit Momentum in 2025: AM Best

Nov 17 2025 // The nonstandard auto insurance market in 2025 certainly looks to be maintaining the momentum it gained last year, according to a new report from AM Best.The insurance industry rating agency said U.S. private passenger...

Florida-Based Neptune Reports $11.5M Q3 Profit After IPO

Nov 17 2025 // Two months after its initial public offering raised more than $368 million, Neptune Insurance Holdings Inc. reported a lucrative third quarter, despite a slight dip in net income.Q3 net income for the St. Petersburg,...

AIG General Insurance Underwriting Income Up 81% in Q3

Nov 17 2025 // Third-quarter 2025 underwriting income in American International Group’s (AIG) General Insurance segment increased 81% compared with last year, to $793 million.The unit–North America commercial, international...

CNA Net Income for Q3 Up 42% on Lower Catastrophe Losses

Nov 17 2025 // CNA Financial Corp. recorded third-quarter net income of $403 million, compared with $283 million a year during the same period.Pretax catastrophe losses were $41 million for Q3, down more than $100 million from the prior...

The Hanover Reports 75% Growth in Q3 Net Income

Nov 17 2025 // Third-quarter net income for The Hanover Insurance Group grew to $178.7 million, compared to $102.1 million during the same period a year ago.The Worcester, Massachusetts-based insurer’s Q3 combined ratio improved to...

Insurtech Hippo Reverses Q3 Loss During ‘Breakout Quarter’

Nov 17 2025 // Insurtech Hippo posted third-quarter 2025 net income of $98 million, compared with a net loss of $9 million a year ago during the same period.San Jose, California-based Hippo’s Q3 combined ratio improved to...

Lemonade Books Q3 Net Loss of $37.5 Million

Nov 17 2025 // Insurtech Lemonade reported a third-quarter 2025 net loss of about $37.5 million compared with a loss of $67.7 million a year ago during the same time.Revenue and gross profit increased 42% and 113%, respectively, versus...