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Segment Revenue

• Net Premiums Written: For September 2025, net premiums written were $7,128 million, an 8% increase from $6,570 million in September 2024. For the quarter ended September 30, 2025, net premiums written were $21,384 million, a 10% increase from $19,455 million in the same period in 2024.

Operational Metrics

• Net Income: For September 2025, net income was $305 million, a 48% decrease from $585 million in September 2024. For the quarter, net income was $2,615 million, a 12% increase from $2,334 million in the same period in 2024.
• Combined Ratio: The combined ratio for September 2025 was 100.4, compared to 93.4 in September 2024, indicating a 7.0 point increase.

Cash Flow

• Operating Cash Flow: Not explicitly detailed in the provided data.
• Free Cash Flow: Not explicitly detailed in the provided data.

Unique Metrics

• Policies in Force: As of September 30, 2025, total policies in force were 38,078, a 12% increase from 33,869 as of September 30, 2024. Personal Lines policies increased by 13% to 36,880, and Commercial Lines policies increased by 6% to 1,198.

Outlook / Guidance

• The company anticipates that its personal auto profit in Florida for the 2023 to 2025 period will exceed the statutory profit limit, necessitating a credit to policyholders. A $950 million policyholder credit expense was recorded in September 2025, with the liability expected to be refined through the end of the fourth quarter 2025.