Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
Ohio American Financial to Release 2006 2nd Quarter Results Today
Aug 1 2006 // Cincinnati, Ohio-based American Financial Group, Inc. expects to release its 2006 second quarter results after the market closes today, Tuesday, August 1, 2006. The earnings release will be available shortly thereafter on...
Max Re Posts $17.3 Million Q2 Net
Aug 1 2006 // Bermuda-based Max Re Capital Ltd. reported net income for the three months ended June 30, 2006 of $17.3 million, or 27 cents per diluted share, compared to net income of $23.3 million, or 47 cents per diluted share, for...
The Hartford Reports 21% Drop in Profits for 2d Quarter
Jul 30 2006 // The Hartford Financial Services Group, one of the nation’s largest financial services and insurance companies, said that second-quarter profits fell 21 percent as the company took a charge for a reinsurance...
Commerce Net Earnings Down in 2d Quarter But Up for First Half
Jul 28 2006 // The Commerce Group, Inc. reported 2006 second quarter results showing net earnings were $58.6 million, or $0.86 per diluted share, compared to net earnings of $62.6 million or $0.92 per diluted share for 2005. Included in...
St. Paul Travelers’ 2Q Profits Dip 9%; Raises Guidance
Jul 28 2006 // Insurer St. Paul Traveler’s Companies, Inc. said its profit fell 9 percent in the second quarter, but still beat analysts’ expectations. The company also disclosed a $42 million charge “for an additional...
Hub International Earnings Rise Sharply for 2nd Quarter
Jul 27 2006 // Hub International reported a 32 percent increase in revenue and a 286% increase in net earnings from continuing operations for Hub International Limited in the second quarter ended June 30, 2006 attributing the results to...
Ind. WellPoint Inc. Reports 2nd Quarter Profit Up on Higher Revenue
Jul 27 2006 // Health insurer WellPoint Inc. said this week that its second-quarter profit climbed 34 percent on increased revenue from premiums and administrative fees. The company also continues to benefit from its December acquisition...
HRH Posts 10% Increase in Revenues for 2nd Quarter
Jul 27 2006 // Hilb Rogal & Hobbs Company reported its second quarter total revenues were $178.4 million, compared with $162.0 million in the 2005 second quarter, an increase of 10.1 percent. HRH said comissions and fees rose 8.5...
N.Y. Cuts Time for Loss Runs
Jul 27 2006 // New York Gov. George Pataki has signed into law a bill that would cut in half agents’ wait time for commercial policy loss runs. The new law reduces the maximum time companies are given to supply loss runs upon...
Gov. Rell Seeks Federal Aid for Crop Losses by Conn. Farmers
Jul 26 2006 // Connecticut Governor M. Jodi Rell is asking U.S. Agriculture Secretary Mike Johanns to approve federal disaster aid for Connecticut farmers who suffered severe crop losses from the heavy rains and cool temperatures this...
Chubb Chugs Along in 2d Quarter; Raises Outlook for 2006
Jul 26 2006 // The Chubb Corporation reported that net income in the second quarter of 2006 was $598 million, or $1.41 per share, compared to $495 million, or $1.23 per share, in the second quarter of 2005. Operating income, which the...
Arthur J. Gallagher to Announce 2006 Earnings Tomorrow
Jul 24 2006 // Illinois-based Arthur J. Gallagher & Co. will release its second quarter 2006 earnings after the market closes on Tuesday, July 25, 2006. A printer-friendly format will be available on the company’s web site...
U.S. property/casualty industry posts record 1Q profits
Jul 24 2006 // The U.S. property/casualty industry’s net gain on underwriting rose $1.4 billion, or 20.8 percent, to $8.4 billion in first-quarter 2006 from $6.9 billion in first-quarter 2005. The combined ratio–a key measure...
Strong earnings keep insurers’ stock prices stable; M&A activity remains flat
Jul 24 2006 // Stock Prices: Insurers’ stock prices remained relatively stable during the second quarter of 2006. In a time of the year when stock prices tend to fluctuate depending on the weather forecast, companies were able to...
News Currents
Jul 24 2006 // Reforms pushing California workers’ comp rates, losses down The Workers’ Compensation Insurance Rating Bureau of California has completed its report summarizing insurer loss and premium experience through March...
Chubb to Discuss 2d Quarter Results in Web Conference
Jul 24 2006 // The Chubb Corporation expects to release second quarter 2006 earnings on Tuesday, July 25, 2006 after the close of the market. The information will be available shortly thereafter on Chubb’s website at...
Reforms pushing California workers’ comp rates, losses down
Jul 24 2006 // The Workers’ Compensation Insurance Rating Bureau of California has completed its report summarizing insurer loss and premium experience through March 31, 2006, which suggested legislative reforms are...
U.S. property/casualty industry posts record 1Q profits
Jul 24 2006 // News Currents The U.S. property/casualty industry’s net gain on underwriting rose $1.4 billion, or 20.8 percent, to $8.4 billion in first-quarter 2006 from $6.9 billion in first-quarter 2005. The combined...
Strong earnings keep insurers’ stock prices stable; M&A activity remains flat
Jul 24 2006 // Stock Prices: Insurers’ stock prices remained relatively stable during the second quarter of 2006. In a time of the year when stock prices tend to fluctuate depending on the weather forecast, companies were able to...
Allstate Beats Wall Street Projections, Ups 2d Quarter Profit 5%
Jul 21 2006 // Allstate Corp. said this week that growth in premiums and stronger property-liability underwriting helped the insurer increase second-quarter profit by 5 percent. The nation’s largest publicly traded home, car and...
