All the headlines from our Profit Loss Topic Page, ordered by recency.
Sep 5 2025 // Insured losses exceeded $47.2 billion in Texas last year—a 4.2% increase over 2023, according to a new property and casualty market report from the state’s insurance council.Annual direct losses in Texas have now...
Sep 4 2025 // The European Union’s medicines regulator said on Wednesday there has been a surge in illegal medicines marketed as weight-loss and diabetes medicines online in recent months across the region, and warned about a...
Sep 4 2025 // The U.S. property/casualty insurance industry recorded a net underwriting gain of $11.5 billion and net income of $49.1 billion for the first-half of 2025, according to a new report.“The lack of any significant...
Sep 2 2025 // The average estimated annual insured property loss from natural events around the world has risen to $152 billion – up sharply from recent years – and much of that is from severe thunderstorms, winter storms, wildfires...
Sep 2 2025 // Players Health, a Minneapolis-based provider of athlete safety and insurance solutions, is committing 1% of its revenue to directly fund programs, equipment, and support for underserved youth through the Players Health...
Aug 28 2025 // When the Eaton Fire burned in Los Angeles County in early January, 75% of the structures in the fire perimeter had a low to moderate wildfire hazard, but they carried a high to very high conflagration hazard. Eighty-four...
Aug 26 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 22 2025 // Reinsurance underwriting remains disciplined, with terms and conditions and attachment points largely intact, despite signs of rate moderation, according to an AM Best market segment report.During the January 2023...
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...