All the headlines from our Profit Loss Topic Page, ordered by recency.
Nov 12 2025 // During earnings conference calls last week leaders of two large personal lines insurers commented on affordability issues, highlighting the downward impact of Florida tort reforms on auto insurance prices.“At a time...
Nov 12 2025 // Shell has challenged its defeat in an arbitration case against U.S. liquefied natural gas producer Venture Global in the New York Supreme Court, a legal filing seen by Reuters shows, weeks after rival BP won a similar $1...
Nov 10 2025 // The Texas workers’ compensation system saw a modest $12 million loss in 2024 as insurers reported an increase in direct losses paid and overall, according to a report compiled by the Insurance Council Texas (ICT).The...
Nov 10 2025 // Analysts’ projections of slower growth and smaller underwriting margins ahead for personal auto insurers started to play out ever so slightly in third-quarter results of two giant auto insurers this week.Both...
Nov 7 2025 // Fresh off its subsidiary’s purchase of a builder-linked homeowners’ insurance program, the Tampa-based Baldwin Group took another hit to its bottom line in the third quarter this year. But the brokerage and...
Nov 6 2025 // Root Inc. reported a third quarter 2025 net income loss of $5.4 million after landing in the positive with $22.8 million in profit a year ago.Alex Timm, the Columbus, Ohio-based company’s CEO, said in a letter to...
Nov 6 2025 // Catastrophe modeling company KCC estimates that privately insured losses from Hurricane Melissa will hit $2.4 billion.This estimate includes insured damages to residential, commercial, and industrial properties in Jamaica...
Nov 6 2025 // Zurich Insurance does not expect any material financial losses from claims related to Hurricane Melissa, the insurer’s finance chief Claudia Cordioli said on Thursday.“A large number of members of those...
Nov 6 2025 // Allstate Corp. third quarter 2025 net income applicable to common shareholders was about $3.7 billion, more then triple the $1.2 billion booked for the same quarter a year ago.Allstate’s Property-Liability business...
Nov 5 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...
Nov 5 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 100—a...
Nov 5 2025 // British retailer Marks & Spencer reported a 55.4% slide in first-half underlying profit, reflecting the impact of an April cyber hack that forced it to suspend online clothing orders for seven weeks and also hit food...
Nov 5 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...
Nov 4 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...
Nov 3 2025 // Insured losses from Hurricane Melissa’s strike on Jamaica are expected to range between $2.2 billion and $4.2 billion, according to estimates from data analytics firm Verisk.The Category 5 hurricane made landfall in...
Nov 3 2025 // Berkshire Hathaway Inc.’s cash pile soared to $381.7 billion in the third quarter, a fresh record, and operating earnings surged 34% at Chief Executive Officer Warren Buffett’s conglomerate.That figure hit...
Nov 3 2025 // Although economic uncertainty could affect insurers in the near to midterm, workers’ compensation continues to be a key driver of the profitability of the entire property/casualty insurance industry even as prices...
Oct 30 2025 // WTW reported third quarter revenue of $2.29 billion, flat with $2.29 billion for Q3 2024, which the broker attributed to the sale of its direct-to-consumer insurance distribution business, TRANZACT.WTW reported organic...
Oct 30 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...
Oct 29 2025 // Verisk Analytics cut its annual revenue forecast on Wednesday and reported third-quarter revenue below Wall Street estimates, as mild weather conditions weighed on demand for the data analytics firm’s property claims...