All the headlines from our Profit Loss Topic Page, ordered by recency.
Aug 18 2025 // The California Department of Insurance (CDI) has made some serious moves to tackle the state’s insurance crisis head on, last year launching its Sustainable Insurance Strategy (SIS). With the SIS came a set of...
Aug 18 2025 // Approximately 81% of insurance companies expect to increase their revenue in the next 12 months, but only about 53% expect to increase their staff in that same period, according to a new insurance labor market outlook...
Aug 14 2025 // Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform’s refusal to adopt critical safety features enabled fraudsters to steal more than $1 billion from...
Aug 8 2025 // Zurich Insurance Group reported some record numbers during the first half: business operating profit (BOP) was up 6% to a record US$4.2 billion and core return on equity hit a best-ever number of 26.3%.What is the reason...
Aug 8 2025 // The Great Barrier Reef has experienced its greatest annual loss of live coral across most of its expanse in four decades of record-keeping, Australian authorities say.But due to increasing coral cover since 2017, the coral...
Aug 7 2025 // Root Inc. swung to second quarter net income of $22 million versus a loss of $7.8 million a year ago during the same time.Results build off net income of $18.2 million for Q1 2025, reversing a loss of $6.2 million for Q1...
Aug 7 2025 // Despite a significant reduction in personal auto insurance rates in Florida this year, Progressive may soon find itself in the unenviable position of sending small refunds to thousands of current and former...
Aug 7 2025 // Second quarter underwriting income in AIG’s General Insurance segment increased 46% compared with last year, to $626 million.The unit—North America commercial, International commercial, and global...
Aug 6 2025 // Global insured losses from natural catastrophes hit US$80 billion in the first half of 2025, which is almost double the 10-year average between 2015 and 2024 and marks the fifth year in succession when H1 losses have...
Aug 5 2025 // Insurtech Lemonade reported a second quarter 2025 net loss of about $44 million compared with a loss of $57.2 million a year ago during the same time.Though still a loss, it was a 23% improvement from the prior year, which...
Aug 5 2025 // Aircraft lessor Air Lease Corp. reported a rise in second-quarter profit and revenue on Monday, due to a $344 million insurance claim settlement plus robust aircraft rental demand.Aircraft lessors have benefited from...
Aug 4 2025 // GEICO was the only one of Berkshire Hathaway’s major property/casualty reporting divisions to post higher underwriting profit in the second quarter of 2025.But a 2% rise in underwriting profit for the personal auto...
Aug 4 2025 // The Travelers Cos. increased second-quarter net income $975 million for a total of about $1.5 billion, and reversed an underwriting loss posted last year for the same period.Travelers’ second-quarter underwriting...
Aug 1 2025 // AXA SA fell the most in almost four months after profit missed estimates and the French insurance group agreed to buy a majority in Italian car insurer Prima Assicurazioni.The stock fell as much as 7%, the biggest intraday...
Aug 1 2025 // The Missouri Department of Commerce and Insurance (DCI) reported Thursday that severe weather has already caused nearly $1.6 billion in damage throughout the state this year.“The insurance industry continues to...
Jul 31 2025 // PERILS AG, the independent Zurich-based company that provides industry-wide catastrophe insurance data, announced the inclusion of severe convective storm (SCS) industry loss reporting for Europe (Austria, Belgium, France,...
Jul 31 2025 // Willis Towers Watson beat Wall Street estimates for second-quarter profit on Thursday, driven by a strong performance in its risk and brokerage business.Despite rising premium costs, businesses increased spending on...
Jul 31 2025 // Allstate Corp. second quarter 2025 net income applicable to common shareholders was about $2.1 billion, far exceeding the $301 million booked for the same quarter a year ago.The result this year reflects an after tax gain...
Jul 30 2025 // Brown & Brown posted a rise in second-quarter profit on Monday as the insurance broker benefited from higher commissions and fees driven by growing demand.Insurance spending has continued to grow, even as businesses...
Jul 29 2025 // Second quarter 2025 net income at Cincinnati Financial Corp. was $685 million—more than double the $312 million in net income booked a year ago during the same time.“It was a solid quarter, showing the strength of...