Employers Holdings Reports Return to Profitability in Q3 2026
Employers Holdings (EIG) returned to profitability in the third quarter of 2026, reporting a net income of $11.6 million ($0.64 per diluted share), a significant turnaround from the $8.3 million loss recorded in the same period last year. The company's strategic shift toward prioritizing underwriting profitability over volume resulted in an 18% decrease in gross premiums written as it exited certain business classes. Key drivers for the improved performance included higher investment yields and a substantial reduction in the Loss and LAE Ratio to 71.2%. While management noted rising claim frequencies in California and upward pressure on commissions, the company successfully returned $24.4 million to stockholders through dividends and share repurchases during the quarter.
Tickers: $EIG
Topics: book value per share combined ratio gross premiums written loss ratio net income