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Auto Insurer Root Reverses Q3 Loss Last Year With $14M Net Income
Nov 5 2026 // Root Inc. reported third quarter 2026 net income of $14.4 million, reversing a loss of $5.4 million over the same period a year ago. For Q3 the combined ratio came in at 97.2 compared with 102.1 a year ago during the same...
Insurer FM Donates Rhode Island United Way’s Largest Gift in Its History
Nov 5 2026 // Commercial property insurer FM announced a $5 million gift from the FM Foundation to United Way of Rhode Island,. The gift is the largest single corporate donation in the nonprofit organization’s history. The...
Georgia, Florida Insurers Facing New Scrutiny, Regulations After Election
Nov 4 2026 // Property/casualty insurance carriers in Georgia and Florida are bracing for new scrutiny and new limits on rate taking after new top state officials were elected Tuesday night. In Georgia, former state legislator and...
Municipal Insurer Must Pay Share of $14.9 Million Wrongful Incarceration Settlement
Nov 4 2026 // A Massachusetts Superior Court judge recently found a municipal insurer responsible for a share of a $14.9 million settlement with a man wrongly incarcerated for 36 years. MIIA Property & Casualty Group, Inc. was...
California Finalizes Long-Term Solvency Requirements for Insurers
Nov 2 2026 // California insurers will be required to assess how climate risks, artificial intelligence, cyber threats and other challenges could affect their financial strength over the coming decades. California Insurance Commissioner...
GM to Pay $220M to Settle Privacy Claims Over Sale of Driver Data to Insurers
Oct 30 2026 // General Motors will pay $220 million to settle allegations that it illegally sold drivers’ private behavior and location data to brokers, who then sold the information to insurers that used it to set and sometimes...
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