AmFam Reports Underwriting Profit for 2024 to Reverse Losses Last Two Years March 6, 2025 After two years of combined ratios over 110, American Family Insurance reported an underwriting profit in 2024—with a 96.6 for...
Progressive’s Margins Leave Room for Tariff Impacts: CEO March 5, 2025 By Susanne Sclafane With its 2024 combined ratio falling comfortably more than 7 points below a targeted level of 96, Progressive has room...
State Farm 2024 Underwriting Losses Shrink on Auto Results March 3, 2025 By Susanne Sclafane After reporting underwriting losses of $13 billion in 2022 and $14 billion in 2023, State Farm recorded another underwriting loss...
Insurtech Root Finishes 2024 With First Yearly Profit February 27, 2025 By Chad Hemenway Root Inc. followed up its first ever quarterly net profit in the third quarter with another in the last quarter...
Buffett’s Berkshire Posts Record Profit on Insurance, Investments February 23, 2025 By Jonathan Stempel Warren Buffett’s Berkshire Hathaway on Saturday said operating profit set a record in the fourth quarter and for the third...
AIG Q4 General Insurance Underwriting Income Down 29% on Catastrophes February 12, 2025 By Chad Hemenway American International Group reported fourth quarter 2024 net income of $898 million compared to $86 million the prior year, but...
Q4 2024 Income at CNA Drops on Pension Settlement Loss February 10, 2025 CNA Financial Corp. reported fourth quarter 2024 net income of $21 million, down significantly from $367 million for the same...
The Hartford Sees Q4 Net Income Rise 11%, Strengthens GL Reserves February 3, 2025 Net income at The Hartford increased 11% to $848 million in the fourth quarter 2024, driven by premium growth in...
W.R. Berkley Posts Record Year With Q4 Net Income Up 45% January 27, 2025 Fourth quarter 2024 net income at W.R. Berkley Corp. jumped 45% compared to a year ago to about $576 million....
Liberty Mutual Quadruples Q3 Net Income Despite Catastrophe Losses November 7, 2024 By Chad Hemenway Liberty Mutual Holding Company said consolidated third quarter net income more than quadrupled to $897 million compared to $215 million...