Trending Profit Loss Headlines
The most viewed headlines from our Profit Loss Topic Page over the last 30 days.
#1 Nationwide Completes $1.25B Deal for Allstate’s Stop-Loss Segment
Jul 2 2025 // Insurer Nationwide said it has completed the purchase of Allstate’s Group Health business segment for $1.25 billion. The acquisition was announced in January. Nationwide said the purchase will strengthen and...
#2 Progressive Q2 Income More Than Doubles
Jul 16 2025 // Second quarter net income at Progressive Corp. increased 118% compared to the same period a year ago to about $3.2 billion. Progressive reports results monthly. Net income for June was up 40% to $1.1 billion. Year-to-date...
#3 NC Man Claimed Almost $300,000 in Travel Insurance Losses. Then He Was Arrested
Jul 11 2025 // Oscar Rafeal Ruiz was a busy man in 2023 and 2024, jetting to numerous places, losing his luggage multiple times and filing travel insurance claims of almost $300,000. The problem, North Carolina authorities said, is that...
#4 Travelers Q2 Net Income Soars on Less Losses, Favorable Reserves
Jul 17 2025 // The Travelers Cos. increased second quarter net income $975 million for a total of about $1.5 billion, and reversed an underwriting loss posted last year for the same period. Travelers’ second quarter underwriting...
#5 Verisk: Q1 Claims Volume Hits 5-Year Low but Severity Up on Wildfire Losses
Jun 19 2025 // The first three months of 2025 brought devastating wildfires to California, significant wind and hail events to Texas, and substantial increases in tornado activity to “Tornado Alley,” but claim volume...
#6 Truckers Fear Job Loss as New English Language Rules Take Effect
Jul 1 2025 // At a trucking school in New Jersey, students are maneuvering 18-wheelers around traffic cones. Other future drivers look under hoods to perform safety checks, narrating as they examine steering hoses for cracks and...
#7 Insured Losses From US Hurricanes Could Rise by 50% With Global Warming
Jul 15 2025 // Insured losses from U.S. hurricanes could rise by nearly 50% under a 2°C (3.6°F) global warming scenario, according to MS Amlin, the Lloyd’s global re/insurer. A peer-reviewed study published in the Journal of...
#8 First-Half 2025 Insured Losses From Natural Cats Hit $100B, Driven by US Events
Jul 16 2025 // Global insured losses during the first half of this year were at least $100 billion with more than 90% of that total – or approximately $92 billion – driven by wildfires and severe convective storms in the U.S.,...
#9 Allstate Expects Another $2B Catastrophe Losses in Q2
Jul 17 2025 // Prior to reporting second-quarter results later this month, Allstate said today it expects slightly lower catastrophe losses in the second quarter, and estimated the bill to be nearly $2 billion. In reporting monthly...
#10 Marsh McLennan Reports Q2 Organic Revenue Growth of 4%, Down From Q2 2024
Jul 17 2025 // Marsh McLennan reported consolidated revenue during the second quarter of 2025 of $7.0 billion, an increase of 12% from $6.2 billion in Q2 2024, with underlying (organic) revenue growth of 4%, compared with an increase of...
#11 Adaptive Insurance, Tokio Marine HCC Partner on Power Outage Losses
Jun 24 2025 // Adaptive Insurance, a provider of parametric insurance solutions, has partnered with specialty insurer Tokio Marine HCC on GridProtect—an insurance product for short-term power outages. The flagship product from...
#12 WCIRB: 2024 Losses, Expenses in California Workers’ Comp 108% of Earned Premium
Jul 1 2025 // Total losses and expenses in California’s workers’ compensation system incurred in 2024 were $16.7 billion, or 108% percent of earned premium, a report out today shows. The Workers’ Compensation Insurance...
#13 Insurance Supervisors’ Group Seeks Collaboration to Cover Disaster Losses
Jul 17 2025 // Collaboration between the public and private sectors, beyond just insurance, is essential to narrowing the so-called protection gap, as losses from natural disasters increase, said the head of a global insurance...
#14 Farmers in Texas Face Severe Losses From Floods
Jul 11 2025 // Across a wide swath of Texas, the inundated rivers that ravaged communities also tore through farms and ranches. In the town of Bend, about two hours north of Austin, Boyd Clark waded into rising waters to help one of his...
#15 Claim Counts Down, Losses up for California Workers’ Comp Private Self-Insureds
Jul 3 2025 // California’s private self-insured employers reported 7.4% fewer workers’ compensation claims in 2024 than in 2023, pushing private self-insured claim frequency to a four-year low, a new report shows. However,...
#16 Verisk: Q1 Claims Volume Hits 5-Year Low but Severity Up on Wildfire Losses
Jul 7 2025 // The first three months of 2025 brought devastating wildfires to California, significant wind and hail events to Texas, and substantial increases in tornado activity to “Tornado Alley,” but claim volume...
#17 Markets/Coverages: Markel Launches Pre-Loss Services for UK Cyber Clients
Jul 9 2025 // Markel Insurance, the insurance operations within Markel Group Inc., announced the launch of its pre-loss services for UK Cyber360 policyholders. These new offerings include a complimentary one-hour call with an...
#18 AM Best: US P/C Industry Records $1.1B Underwriting Loss for Q1
Jul 7 2025 // Growth in net earned premiums during the first three months of 2025 was offset by losses and expenses, resulting in a $1.1 billion net underwriting loss for the U.S. P/C industry. According to industry rating agency AM...
