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Carrier Management
carriermanagement.com > news > 03/03/2026 > 285219.htm

How State Farm, USAA Boost Customer Retention: Historic Dividends

6+ hour, 8+ min ago  (1157+ words) While competition in personal auto insurance is rising to levels high enough to dent customer retention at GEICO, a giant mutual insurer and a reciprocal exchange have both tapped into a customer-friendly option unavailable to large stock insurers. Related article:…...

Carrier Management
carriermanagement.com > news > 02/26/2026 > 285059.htm

State Farm Inked $1.5B Underwriting Profit for 2025; HO Loss Persists

5+ day, 34+ min ago  (665+ words) State Farm reported an underwriting gain of $1.5 billion for its property/casualty businesses in 2025, representing a turnaround from an underwriting loss of more than $6 billion in 2024and more than $10 billion of underwriting losses in each of the two prior years. While…...

Carrier Management
carriermanagement.com > news > 01/27/2026 > 283837.htm

To Bundle or Not: Kin Now Offers Auto-Home Bundles in Florida, Texas

1+ mon, 1+ week ago  (630+ words) Kin, a direct-to-consumer digital personal lines insurer, announced the launch of auto insurance in Florida and Texas. The auto insurance is currently available only as part of a bundle, not as a standalone product. Home insurance customers who choose to…...

Carrier Management
carriermanagement.com > news > 01/14/2026 > 283441.htm

NY Governor Proposes Crackdown on Fraud to Reduce Auto Insurance Costs

1+ mon, 2+ week ago  (546+ words) New York Governor Hochul's State of the State address proposes a crackdown on fraud to limit the rising costs of auto insurance. According to the governor's office, New Yorkers pay some of the highest car insurance rates in the nation,…...

Carrier Management
carriermanagement.com > news > 01/06/2026 > 283094.htm

Good Times for U.S. P/C Insurers May Not Last; Auto Challenges Ahead

1+ mon, 4+ week ago  (748+ words) In their latest report on the U.S. auto insurance market, analysts from S&P Global Market Intelligence predict the strongest overall U.S. property/casualty insurance underwriting results in 18 years for 2025, driven by favorable private passenger auto outcomes. Still, while their 2025 projected combined…...