Content from Chad Hemenway
Root Inc. Opens 2026 With Best Quarterly Net Income Ever at Nearly $36M
Root Inc. reported a first-quarter 2026 net income of $35.9 million—the best quarterly result in the company's history—compared with net income of $18.4 million for the same period in 2025. In a ...
AIG Underwriting Income More Than Triples in Q1
First-quarter 2026 underwriting income in American International Group's (AIG) General Insurance segment increased nearly 220% compared with the prior year, to $774 million. Financial results for the ...
Hippo ‘Off to a Fast Start’ With Reversal of Q1 Loss a Year Ago
InsurTech Hippo reversed a first-quarter net loss of $47.7 million last year and posted net income of about $7.1 million for the first three months of 2026. Results a year ago included total ...
Lemonade Logs Q1 Net Loss With Topline Growth
InsurTech Lemonade reported a first-quarter 2026 net loss of about $35.8 million compared with a loss of about $62.4 million during the same time in 2025. However, Lemonade said its topline growth ...
‘The Arms Race Is On’: Chubb’s Greenberg on Mythos, Middle East
When it comes to Anthropic's Mythos as friend or foe, Chubb CEO Evan G. Greenberg said the "arms race is on." Speaking during a conference call to discuss first quarter earnings, Greenberg told ...
AI Use in Cybersecurity Could Show Holes in Short Term, Says Fitch
U.S. cyber insurers in 2025 reversed a couple of years of decline in direct written premiums to post growth of 11%, but according to Fitch Ratings, there are some underwriting concerns brought on by ...
Insurer Nationwide Operating Income Up 37% in 2025
Insurer Nationwide finished 2025 with net operating income up 37% compared with 2024, to $4.3 billion as total sales and premiums were up 7% to a record $73.2 billion. The Columbus, Ohio-based mutual ...
Commercial P/C Market Softest Since 2017, Says CIAB
Commercial property/casualty premiums across all account sizes in the fourth quarter of 2025 were the softest they have been since 2017, according to The Council of Insurance Agents & Brokers ...