Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
California Cuts PG&E’s and Edison’s Profits for Grid Investments
Dec 19 2025 // California regulators reduced the profit that utilities are allowed to make on infrastructure investments in an effort to rein in soaring electricity bills. Related: Massive Wildfire Liabilities Push Utilities to Use AI to...
Former National General Loss Rep and Mom Charged With Fake Claims Scam
Dec 18 2025 // A former loss representative for National General Insurance Co. and his mother allegedly ran a scheme in 2022 that involved false claims, a fake towing company and a $141,000 loss for the insurer. Horace Kelly, 40, and his...
LA Fires and US Severe Convective Storms Drive Insured Losses of $107B in 2025
Dec 16 2025 // Insured losses from natural catastrophes will surpass US$100 billion mark in 2025 for the sixth consecutive year – driven mainly by January’s record Los Angeles wildfires as well as severe convective storms (SCS)...
Swiss Re Shares Drop After New Profit Target Falls Short of Expectations
Dec 5 2025 // Swiss Re shares dropped 7.5% on Friday after the world’s second-largest reinsurer announced a new profit target that fell short of market expectations. The Zurich-based company said it was aiming for group net income...
Profits Versus Christmas Cheer—A Good-Business Lesson
Dec 5 2025 // This post is part of a series sponsored by Old Republic Surety. Dan Pope, Senior Vice President of Underwriting at Old Republic Surety, learned a lesson as a young surety rep about the most important numbers at a...
Hong Kong Fire to Hurt Taiping Insurance Earnings, Fitch Says
Dec 4 2025 // The deadly fire that ripped through seven high-rise towers in Hong Kong is expected to result in a surge in near-term claims among insurers, and hit earnings of the complex’s main underwriter, an affiliate of China...
Florida, East Coast to See Big Insured Losses From More Cat 5 Storms, Researchers Say
Dec 2 2025 // The just-ended 2025 Atlantic hurricane season surprised some forecasters after it produced no major storms that hit the United States. But the hurricanes that did arise, with most remaining offshore and one slamming...
Nonstandard Auto Insurers Continue Profit Momentum in 2025: AM Best
Dec 1 2025 // The nonstandard auto insurance market in 2025 certainly looks to be maintaining the momentum it gained last year, according to a new report from AM Best. The insurance industry rating agency said U.S. private passenger...
Nonstandard Auto Insurers Continue Profit Momentum in 2025: AM Best
Nov 17 2025 // The nonstandard auto insurance market in 2025 certainly looks to be maintaining the momentum it gained last year, according to a new report from AM Best. The insurance industry rating agency said U.S. private passenger...
Florida-Based Neptune Reports $11.5M Q3 Profit After IPO
Nov 17 2025 // Two months after its initial public offering raised more than $368 million, Neptune Insurance Holdings Inc. reported a lucrative third quarter, despite a slight dip in net income. Q3 net income for the St. Petersburg,...
AIG General Insurance Underwriting Income Up 81% in Q3
Nov 17 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...
CNA Net Income for Q3 Up 42% on Lower Catastrophe Losses
Nov 17 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...
The Hanover Reports 75% Growth in Q3 Net Income
Nov 17 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...
Insurtech Hippo Reverses Q3 Loss During ‘Breakout Quarter’
Nov 17 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...
Lemonade Books Q3 Net Loss of $37.5 Million
Nov 17 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...
With Earnings Up and Rates Dropping, Big National Execs Celebrate Florida Reforms
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...
Reuters EXCLUSIVE: Shell Challenges NY Arbitration Loss on Venture Global LNG
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...
Texas Workers’ Compensation System Reports $12M Loss in 2024, Report Finds
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...
What Progressive and GEICO Q3 Results Reveal About Auto Insurance Profit, Growth
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...
Baldwin Group Posts $30M Q3 Loss But Expects More Embedded Builders Growth
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...
