Personal Lines
Allstate Q3 Net Income Drops About 45% on Higher Catastrophe Losses
Allstate Corp. third-quarter 2026 net income applicable to common shareholders dropped nearly 45% with underwriting income down about 30% during the period. Net income was about $2 billion for Q3 ...
Root Reverses Q3 Loss Last Year With $14M Net Income
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 ...
For nearly four years, Drew Hill has worked alongside Vertafore through our partnership with Mutual Capital Analytics (MCA), helping insurance...
JD Power: Total Loss Auto Claims Weigh Down Insurance Customer Satisfaction
Customer satisfaction with total loss auto insurance claims fell for a third straight year, while satisfaction improved for claims involving repairable vehicles, a new study looking at this year ...
FEMA Launches Online Purchasing for Flood Insurance Policies
The Federal Emergency Management Agency said it has launched a new tool for residents to buy flood insurance through the National Flood Insurance Program. Available, at floodsmart.gov, the online ...
Viewpoint: Pricing Wildfire Risk Is Not the Same as Reducing It
Driven by powerful winds, three wildfires burned rapidly through neighborhoods in Spokane, Wash. Crossing natural and constructed boundaries, the fires damaged or destroyed nearly 1,000 buildings, ...
AM Best: US Home Insurers in 2025 Book First Underwriting Profit in Seven Years
U.S. homeowners multiperil insurers reversed a $1.3 billion underwriting loss in 2024 to post an underwriting profit of $16.5 billion in 2025 – the line's first underwriting gain since 2019, said ...
Florida OIR Approves Four More HO Rate Cuts as Citizens Keeps Shrinking
Florida's insurance commissioner announced his office has approved four rate decreases on homeowner policies, averaging 7% and affecting 62,000 policies at renewal. And more rate cuts are on the ...
In Bots We Trust? For Insurance?
Accenture's Michael Reilly imagines a world in which AI agents do the shopping for personal lines insurance — a world where price may no longer determine a customer's decision about which carrier's ...