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French Insurer AXA’s Profit Rises 2% as Expected, Confident on Outlook
Jul 31 2026 // AXA SA reported first half profit higher than the same period a year ago, as the Paris-based insurer assesses the impact of wildfires currently affecting France and Spain. The French insurance group’s underlying...
AM Best Lifts Mid-Hudson Group’s Outlooks to Stable
Jul 31 2026 // AM Best has revised the outlooks to stable from negative of the companies collectively referred to as Mid-Hudson Group (MHG) and domiciled in Montgomery, New York. At the same time, the ratings agency affirmed the...
Lemonade Posts $43M Loss for Q2 as it Continues to Grow Customer Base
Jul 30 2026 // Insurtech Lemonade reported a second quarter 2026 net loss of about $43 million compared with a loss of about $44 million during the same time in 2025. Lemonade said its topline growth was positive, with 76% increase in...
AM Revises Outlook to Positive for Texas’ Standard Casualty
Jul 28 2026 // AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb”...
Fitch Warns AI Market Correction Emerging as Major Global Credit Risk
Jul 28 2026 // The AI boom and the risk of a correction are emerging as major global credit risks, ratings agency Fitch has warned, adding to growing concerns that soaring tech valuations and unprecedented AI spending may be running...
As US Residential Solar Industry Craters, Florida Bucks Trend
Jul 28 2026 // While the residential solar market is collapsing nationwide after President Donald Trump ended a popular tax credit in December, one state is proving to be a surprising exception: Florida. A big reason why is a sweeping...
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