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AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years

AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years

For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit.AM Best today in a “First Look” at US P/C financial results said the industry left 2024 with a $22.9 billion net...

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Lemonade: 700K Customers on the Car Insurance Waitlist

Lemonade: 700K Customers on the Car Insurance Waitlist

While Allstate’s CEO Tom Wilson named GEICO and Progressive when asked about the ability to grow auto insurance in 2025 as competitors do the same, no one on Allstate or Progressive’s earning calls addressed competition from Lemonade....

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