Personal Lines
Neptune Flood: 77% of At-Risk Homes Outside FEMA Zones Have No Flood Insurance
Many homeowners underestimate their flood risk, leaving millions uninsured or underinsured in the face of a rising tide of flood events. A 2025 study from the Federal Reserve Bank of Philadelphia ...
Homeowners Insurers Still Boosting Rates; Top Carriers Ranked: AM Best
Last year's sub-100 combined ratio for the homeowners line broke a five-year string of 100-plus figures for the U.S. insurance industry in aggregate—and homeowners insurers are sticking to rate ...
Mercury Insurance and Safeco Insurance to Transition California Customers and Agents
Mercury Insurance is partnering with Liberty Mutual Insurance on a plan to provide coverage for thousands of California Safeco Insurance customers impacted by a shift in Liberty Mutual's California ...
Lemonade Posts Another Quarterly Loss but Car Growth Continues
InsurTech Lemonade reported a second-quarter 2025 net loss of about $44 million compared with a loss of $57.2 million a year ago during the same time. Though still a loss, it was a 23 percent ...
Berkshire Insurance Units Report Lower Q2 Operating Income Overall
GEICO was the only one of Berkshire Hathaway's major property/casualty reporting divisions to post higher underwriting profit in the second quarter of 2025. But a 2.0 percent rise in underwriting ...
All Good Things Come to an End: U.S. P/C Insurance Premium Forecast Dips
From the perspective of insurance carriers, a four-year trend of superior growth is taking an unfavorable turn, giving way to more moderate levels of increase, according to a recently released ...
1,000-Year Texas Flood Damage Estimated at $1.1B; Little Insured: Cotality
Cotality, a property data and analytics company, estimates that Central Texas flash floods over the July 4 weekend, which claimed the lives of more than 120 people, also caused $1.1 billion in damage ...
Why Progressive’s Customer Scores Lag State Farm, GEICO: J.D. Power
When it comes to personal auto insurance, Progressive has been outpacing GEICO and State Farm in terms of growth and posting better loss ratios for years. But customer satisfaction scores are another ...