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Apr 15 2026 // First quarter 2026 net income at Progressive Corp. increased 10% compared to the same period a year ago to nearly $2.8 billion. Progressive reports results monthly. Net income for March was up 36% to about $712...
Apr 14 2026 // Albertsons Cos. announced a $774 million settlement to resolve all opioid-related claims, making the grocery chain one of the last major retailers to reach such a deal. Due to the settlement, the company recorded a charge...
Apr 13 2026 // The U.S. insurance industry saw $7.3 billion of adverse loss development in the other liability (occurrence) line during 2025, with more than half of the total coming from recent accident years, according to a new report....
Apr 8 2026 // It’s no longer just a hypothesis that more and larger natural disasters, along with general inflation and social inflation, are driving up insurers’ claims costs. While underwriters continue to dial in products...
Apr 7 2026 // Twenty insurers rated by Moody’s reported net income of $69 billion in 2025, up 29% over 2024, as the combined ratio for the group improved in 2025 to 88.4 from 91.7 the prior year. Losses from the Los Angeles...
Apr 7 2026 // Insurer Nationwide finished 2025 with net operating income up 37% compared with 2024, to $4.3 billion as total sales and premiums were up 7% to a record $73.2 billion. The Columbus, Ohio-based mutual insurance...
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