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Root Inc. Reports Strong Growth Despite Q3 Loss

12 hours 6 minutes ago
Root Inc. reported a third quarter 2025 net income loss of $5.4 million after landing in the positive with $22.8 million in profit a year ago. Alex Timm, the Columbus, Ohio-based company’s CEO, said in a letter to shareholders that …
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Americans Are Moving Out of Flood-Prone Neighborhoods

12 hours 9 minutes ago
The American neighborhoods with the highest risk of floods are again losing residents. For the first time since 2019, high-risk counties lost domestic residents, with 30,000 more people relocating to other places in the country than moved in, according to …
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TWIA Board Votes on 2026 Operating Budget

12 hours 24 minutes ago
The Texas Windstorm Insurance Association Board of Directors met Nov. 4 in Corpus Christi, where the board voted on the association’s 2026 operating budget. Net operating expenses are budgeted to increase from 5.2% of earned premium in 2025 to 5.5% …

Iowa Contractor Arrested for Insurance Fraud

12 hours 34 minutes ago
The Iowa Insurance Division announced the arrest of a contractor for insurance fraud. Shawn Heuss, age 46, of Johnston, was arrested on Thursday, October 30, 2025, and charged with one count of Fraudulent Submission (Class D Felony), one count of …

Coalition Acquires MDR Provider Wirespeed

12 hours 36 minutes ago
Coalition announced it has acquired Wirespeed, a cybersecurity platform built to triage threat detections in milliseconds. The acquisition will combine Wirespeed’s managed detection and response (MDR) with Coalition’s suite of cyber risk management tools and coverage to provide protection against …

People Moves: Texas Mutual Names Sangal as COO

12 hours 39 minutes ago
Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, recently announced Prateek Sangal as its chief operating officer, effective October 20. In this role, Sangal will oversee all insurance operations, including policyholder services, underwriting and premium audit. …

FAA to Detail Flight Cut Plan at Major Airports on Friday

13 hours 43 minutes ago
The Federal Aviation Administration on Thursday was working to hammer out details of an unprecedented plan to cut 10% of flights at 40 high-traffic U.S. airports to address safety concerns regarding air traffic controllers amid a record-setting federal government shutdown. …
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Allstate More Than Triples Q3 Net Income to $3.7 Billion

16 hours 25 minutes ago
Allstate Corp. third quarter 2025 net income applicable to common shareholders was about $3.7 billion, more then triple the $1.2 billion booked for the same quarter a year ago. Allstate’s Property-Liability business turned in a Q3 combined ratio more than …
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