Best Read Profit Loss Headlines
Headlines from our Profit Loss Topic Page with the most time spent reading.
#1 Amazon Delivery Firms Are Bailing Amid Rising Costs, Meager Profit
Oct 20 2025 // In 2022, Jake Clay started an Amazon delivery firm in Odessa, Texas, after hearing about the company-sponsored program from a friend. He sank $75,000 into the business and earned more than $200,000 in the first year. An...
#2 China’s EV Boom Saddles its Auto Insurers With Chronic Losses
Sep 22 2025 // China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with changes in vehicle economics and driver behaviors. The country now has...
#3 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...
#4 Buffett’s Berkshire Cash Hits $382 Billion, Earnings Soar
Nov 3 2025 // Berkshire Hathaway Inc.’s cash pile soared to $381.7 billion in the third quarter, a fresh record, and operating earnings surged 34% at Chief Executive Officer Warren Buffett’s conglomerate. That figure hit...
#5 New York AG Sues Zelle, Claims Lax Security Led to $1 Billion Consumer Fraud Losses
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...
#6 Berkshire Insurance Units Report Lower Q2 Operating Income Overall
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...
#7 Progressive Records $2.6B in Q3 Income After Refunds for Excess Profits in Florida
Oct 20 2025 // Progressive posted $2.6 billion in third-quarter net income last week in spite of taking a nearly $1 billion charge to account for excess profits the carrier will have to return to Florida auto insurance...
#8 Reinsurers Have Made Major Structural Changes to Improve Profits. Will Discipline Last?
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...
#9 Turning Non-Standard Risks Into New Revenue: How Agents Can Capitalize
Jul 21 2025 // Independent agents could be turning away nearly half of their prospective clients. The years of independent agents chasing “standard and preferred” home and auto risks are quickly coming to an end. As the risk...
#10 Staff Cuts Help Fuel GEICO Profit; Auto Insurer Not ‘Pouring Money’ Into AI
May 5 2025 // He’s not yet ready to declare “mission accomplished,” but Ajit Jain, vice chair of Berkshire Hathaway’s insurance operations, said the conglomerate’s personal auto insurer, GEICO, is no longer...
#11 Insured Losses From Natural Disasters Hit $140B as Climate Change ‘Shows Its Claws’
Jan 27 2025 // Insurers saw the third most expensive year for natural catastrophe losses in 2024 — reaching a total of $140 billion — as climate change “is showing its claws,” according to Munich Re. Overall...
#12 Lemonade Posts Another Quarterly Loss but Car Growth Continues
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,...
#13 Viewpoint: May the Combined Ratio R.I.P. (for Measuring Profit)
Jun 2 2025 // When Mr. Best of AM Best created the combined ratio, he did the industry and arguably the world a great favor. After all, what business would only measure part of their cost and ignore the other 30% when determining...
#14 Cincinnati Financial More Than Doubles Q2 Net Income
Jul 29 2025 // Second quarter 2025 net income at Cincinnati Financial Corp. was $685 million—more than double the $312 million in net income booked a year ago during the same time. “It was a solid quarter, showing the strength of...
#15 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...
#16 US P/C Insurance Industry First-Half Underwriting Profit Triples
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...
#17 Texas Beekeepers Facing Soaring Bee Losses, Threatening Agriculture Industry
Mar 4 2025 // Since starting their beekeeping business southwest of San Antonio in late 2019, the Wheeler family has aimed to produce about 3,000 bee colonies each year, many of which are used to pollinate crops like watermelons and...
#18 Insured Losses in Texas Exceed $47 Billion in 2024
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...
#19 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...
#20 Low-Income Tenants Sue Omaha Housing Authority Over Bed Bug Infestations
Jan 8 2025 // A class-action lawsuit filed Monday alleges the Omaha Housing Authority ignored and failed to eliminate bed bug infestations at high-rise apartments for low-income residents. The new lawsuit, brought by a pioneering firm...
