Hmm, seems like profits actually increased

• https://m.macrotrends.net/stocks/charts/ALL/allstate/gross-profit

  Allstate gross profit for the twelve months ending June 30, 2025 was $24.546B, a 23.67% increase year-over-year.

• https://m.macrotrends.net/stocks/charts/PGR/progressive/gross-profit

  Progressive gross profit for the twelve months ending June 30, 2025 was $9.737B, a 3.56% increase year-over-year.

• https://m.macrotrends.net/stocks/charts/TRV/travelers/gross-profit

  Travelers gross profit for the twelve months ending June 30, 2025 was $20.013B, a 17.62% increase year-over-year.