Q3 2024 earnings reveal mixed performance among U.S. property & casualty insurers with notable growth in tech-enabled firms like Lemonade and Root, contrasted by declines at Selective Insurance. Market conditions and Fed monetary policy shape sector outlook.

Lemonade's Q3 2025 earnings beat revenue expectations with 42.4% growth, driven by AI automation, auto insurance cross-selling, and operational efficiency. Positive outlook for EBITDA by Q4 2026.