insurance

State Farm posted a remarkable comeback in 2025, delivering a $1.5 billion underwriting gain across its property and casualty operations.

Root Inc. reported fourth-quarter 2025 net income of $5.3 million, down from $22.1 million in the same period a year earlier. But the bigger picture tells a far more compelling story. The company closed out 2025 with a record-breaking $40.3 million in net income — a 30% surge from $30.9 million in full-year 2024.

This week, a federal judge handed Marsh a decisive courtroom victory, granting its request to bar a group of former employees now at Howden US from using confidential company information, recruiting additional Marsh staff, or pursuing its current and prospective clients.

Commercial property and casualty premiums across accounts of every size hit their lowest point since 2017 in the fourth quarter of 2025, according to the latest quarterly survey from The Council of Insurance Agents & Brokers (CIAB).

A wholly owned subsidiary of Sompo International Holdings Ltd. has completed its $3.5 billion acquisition of Aspen Insurance Holdings Ltd., officially taking the insurer private in a blockbuster deal that reshapes the global insurance landscape — and signals even bigger moves ahead.

With virtually no debate and barely a word of discussion, a final committee in the Florida House on Tuesday signed off on a bill to create a clearinghouse designed to shift commercial insurance policies out of Citizens Property Insurance Corp. and into the surplus lines market—an effort that could significantly reshape Florida’s property insurance landscape.

On Tuesday, Britain slapped sanctions on Maritime Mutual, the New Zealand–based marine insurer spotlighted in a recent special investigation by Reuters.

A wave of insurance capital is pouring into private markets, igniting a hiring spree and driving compensation sharply higher—even as recent market jitters rattle investor confidence.

Ongoing violence by criminal groups in Mexico — which disrupted travel and targeted businesses in Puerto Vallarta over the weekend — could pose serious challenges for a country where tourism accounts for roughly 10% of the economy, according to a new commentary from AM Best.

The property and casualty insurance industry rode a wave of rate hikes and strong investment income to solid results in 2025.