Editor at Coverager
The reciprocal reported a net underwriting loss of $14 million for the first six months.
Root reported net income of $22 million in the quarter.
The company turned a profit for the first time.
In-force premium was over $1 billion.
Premiums written increased $545 million in the second quarter and $1.3 billion in the first six months of 2025.
AccuLynx offers an all-in-one management platform for roofing companies.
The insurer ended the month with a combined ratio of 86.6% and net income of $1.1 billion.
Stretch has seen several changes over its ~5-year journey.
Accelerant operates a risk exchange that connects underwriters with capacity providers.
The startup claims that its app has 400k monthly active users.
The insurer ended the month with net income of $1 billion.
Crabi is a digital auto insurer in Mexico.
Kin Interinsurance Network, which primarily writes in Florida, reported $118.6 million in written premiums.
The startup is hiring claims professionals.
The carrier generated premiums in 14 states, up from 3 in the same quarter last year.