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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...
Root Inc. Reports Strong Growth Despite Q3 Loss
Nov 6 2025 // Root Inc. reported a third quarter 2025 net income loss of $5.4 million after landing in the positive with $22.8 million in profit a year ago. Alex Timm, the Columbus, Ohio-based company’s CEO, said in a letter to...
KCC Estimates Privately Insured Losses From Hurricane Melissa Will Hit $2.4 Billion
Nov 6 2025 // Catastrophe modeling company KCC estimates that privately insured losses from Hurricane Melissa will hit $2.4 billion. This estimate includes insured damages to residential, commercial, and industrial properties in Jamaica...
Zurich Insurance Sees No Material Loss From Hurricane Melissa, CFO Says
Nov 6 2025 // Zurich Insurance does not expect any material financial losses from claims related to Hurricane Melissa, the insurer’s finance chief Claudia Cordioli said on Thursday. “A large number of members of those...
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