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How Insurance Companies Turn Their Premiums Into Billions in Profit

Summary by The Motley Fool
Key PointsMuch is made of Berkshire Hathaway's investments, but the real story behind the company's success is the "float."Auto insurance giant Progressive generated nearly $1 billion from its float in the first quarter of 2026 alone.The ability to invest premiums until they are needed to pay claims can be hugely profitable for insurance companies.10 stocks we like better than Progressive › Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) is one of t…

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How Insurance Companies Turn Their Premiums Into Billions in Profit

Key PointsMuch is made of Berkshire Hathaway's investments, but the real story behind the company's success is the "float."Auto insurance giant Progressive generated nearly $1 billion from its float in the first quarter of 2026 alone.The ability to invest premiums until they are needed to pay claims can be hugely profitable for insurance companies.10 stocks we like better than Progressive › Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) is one of t…

·Alexandria, United States
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The Motley Fool broke the news in Alexandria, United States on Saturday, June 13, 2026.
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