The reciprocal reported a net underwriting loss of $18 million for the year.

The carriers offered coverage in 13 states.

The carrier reported a net underwriting loss of $80.5 million, up from a loss of $58 million in 2024. 

The profit represents a a 13% decrease compared to 2024. 

Net worth for the mutual hit $170 billion.

The company had $312 million of unencumbered capital at the end of 2025. 

The company’s cash, cash equivalents, and investments totaled approximately $1.12 billion at December 31, 2025.

The insurer ended the month with a combined ratio of 84.4% and net income of $1.16 billion.

In 2025, Progressive’s net income reached $11.3 billion and combined ratio was at 87.4%.

Ethos intends to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol “LIFE.”

Allianz has been Wrisk's primary underwriter for almost 10 years.

The insurer has gone public with a $10.3 billion bid to buy Beazley.

Tesla recently expanded its insurance offering to 13 states.

Tesla currently offers coverage in 13 states.