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Progressive Corporation
  
101 through 120 of 289 matching documents, newest pages first.   Sort by relevance

Progressive Third-Quarter Net Income Jumps 82%; Auto Frequency Still Down
The combined ratio improved 4.1 points to 87.8, according to a company statement. Excluding the impact of catastrophes, the company-wide loss and loss-adjusted expense ratio ...
Source: BestWire   Date: October 14, 2020
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Progressive Net Income More Than Doubled in August as Less Driving Reduces Auto Accident Frequency
Shares of Progressive Corp. (NYSE: PGR) were trading the afternoon of Sept. 17 at $95.13, up 0.08% from the previous close. (By Renée Kiriluk-Hill, associate editor, BestWeek: ...
Source: BestWire   Date: September 17, 2020
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Progressive CEO: Auto Rates Dropping in 35 States as Pandemic Continues
Officer Tricia Griffith said during an earnings call. The company is taking a "much more surgical" approach to setting rates, she said. It returned more than $1 billion to personal ...
Source: BestWire   Date: August 5, 2020
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Progressive Attributable 2Q Net Income Jumps to $1.79 Billion as Auto Frequency Remains Depressed
The combined ratio improved 2.7 points to 87.7. "During June, we continued to see a significant decrease in auto accident frequency due to restrictions put in place to help slow ...
Source: BestWire   Date: July 15, 2020
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Progressive Monthly Net Income Rises Again; COVID-19 Shutdowns Depress Claims Frequency
News Service, May 20, 2020). In May, net premiums written increased 19% to $3.17 billion, in part on the timing of reporting. Progressive said renewals increased and fewer policies ...
Source: BestWire   Date: June 17, 2020
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Progressive Net Income Nearly Doubles During First Full Month of COVID-19 Shutdowns
News Service, May 18, 2020). Progressive's payments moratorium in is effect through May 15. It continues to evaluate the recoverability of premiums receivable and recognized an ...
Source: BestWire   Date: May 20, 2020
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Progressive CEO: Miles Driven Rising Again as Coronavirus Shutdowns Slowly Lift
Some states have started lifting shutdown. The insurer is also monitoring public transportation usage and air travel reductions that could create a "substitution effect" and even ...
Source: BestWire   Date: May 6, 2020
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Progressive First-Quarter Net Hurt By Securities Losses; March Income Jumps 64%
Results were hurt by net realized loss on securities. Net income was $692.7 million. First-quarter net premiums written increased 7% to $9.87 billion, although automobile net ...
Source: BestWire   Date: April 15, 2020
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AM Best Assigns Issue Credit Ratings to The Progressive Corporation’s New Senior Unsecured Notes
Corporation (Progressive) (Mayfield Village, OH). The outlook assigned to these Credit Ratings (rating) is stable. Following this issuance, AM Best expects that financial leverage ...
Source: BestWire   Date: March 19, 2020
Progressive Execs: Hail-Prone States Drove Homeowners Losses Despite 9% Rate Hikes
David Pratt, property general manager. ASI, its Florida property/casualty carrier, in 2006 wrote 80% of its exposure in Florida, Pratt said, but Progressive has reduced that number ...
Source: BestWire   Date: March 4, 2020
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Progressive Leader Says Nearly Half of 8,000 Hires Will Fill New Positions
Others are at more than 250 field claims offices. The greatest number, about 4,500, would be hired for claims functions, including automobile damage, bodily injury and ride-share ...
Source: BestWire   Date: February 26, 2020
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Lawsuit Says Progressive Denied Injury Claims Based on ‘Paper’ Reviews
Progressive Direct Insurance Co., alleging the company improperly and systematically denied personal injury protection benefits. Plaintiffs Bethany Byrd and Taylor Brooks charge in ...
Source: BestWire   Date: February 14, 2020
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Progressive Attributable Net Income Increases Four-Fold to $1.07 Billion in Fourth Quarter
Most entities of Progressive Corp. currently have a Best's Financial Strength Rating of A+ (Superior). Shares of Progressive Corp. (NYSE: PGR) were trading the afternoon of Jan. 29 ...
Source: BestWire   Date: January 29, 2020
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AM Best Affirms Credit Ratings of The Progressive Corporation and Its Members; Assigns Ratings to Blue Hill Specialty Insurance
...National Continental) (Bohemia, NY). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and ratings.) AM Best has assigned ...
Source: BestWire   Date: December 12, 2019
AM Best Assigns Credit Ratings to Progressive Freedom Insurance Company and Progressive Choice Insurance Company
Progressive Corporation (Progressive). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Progressive Freedom's and Progressive Choice's balance ...
Source: BestWire   Date: November 22, 2019
Progressive CEO: Property Rates Rising, Underwriting Tightening After Substantial Storm Losses
Chief Executive Officer Tricia Griffith. It's adopting new severe storm models that should help it manage the risk exposure better, said Griffith in a call to discuss third-quarter ...
Source: BestWire   Date: November 8, 2019
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Progressive Third-Quarter Net Income Drops as Commercial Auto Severity Rises
The combined ratio for commercial lines worsened 15.5 points in September, reflecting higher bodily injury claims severity, the company said in a statement. The actuarial ...
Source: BestWire   Date: October 16, 2019
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Progressive CEO: Legal Fees, Surgeries Push Auto Injury Claims Higher
Griffith during an earnings conference call. "We have taken several actual rate decrease" and could continue to do so in select channels, states or segments. Progressive has ...
Source: BestWire   Date: August 8, 2019
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Progressive Says Softening Auto Market Could Extend Rate Reductions, Marketing Spending
Chief Executive Officer Tricia Griffith. "Because our customers prefer stable rates, we have been diligent around our rate revisions and are watching these trends closely at the ...
Source: BestWire   Date: August 7, 2019
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AM Best Affirms Credit Ratings of Progressive and Most Members; Upgrades ICRs of American Strategic Ins. Corp. and Affiliates
The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and ratings.) The ratings of Progressive reflect its balance sheet ...
Source: BestWire   Date: July 18, 2019

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