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BestWire

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Property/Casualty (Non-Life)

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Progressive Corporation

141 through 160 of 289 matching documents, newest pages first. Sort by relevance

Texas Storms Cause 46% of Progressive’s Estimated $52 Million in May Cat Losses
Operating entities of Progressive Corp. currently have a Best's Financial Strength Rating of A+ (Superior) or A (Excellent). Shares of Progressive Corp. (NYSE: PGR) were trading on ...
Source: BestWire Date: June 13, 2018
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Progressive Corp.’s April Cat Losses Rise to $51 Million
...Link (Best's News Service, April 6, 2018). Operating entities of Progressive Corp. currently have a Best's Financial Strength Rating of A+ (Superior) or A (Excellent). Shares of ...
Source: BestWire Date: May 16, 2018
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Progressive CEO: Net Premium Growth of 23% Sets Company Up Well for Hail Season
Progressive said in its earnings statement. Also, Progressive has rolled out a SmartHaul usage-based program for commercial auto in the quarter that rewards good driving behavior ...
Source: BestWire Date: May 4, 2018
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Progressive Net Climbs 69% as Premiums Increase, Combined Ratio Improves
March losses were attributed to homeowners, it said in a statement. First-quarter net premiums written rose 23% to $7.97 billion. Premiums increased 18% to $3.34 billion in ...
Source: BestWire Date: April 17, 2018
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Progressive Overtakes Allstate as the No. 3 Personal Auto Writer
United States last year, according to BestLink. Technology and marketing likely boosted Progressive's 16% increase in direct premiums written in 2017 to $22.78 billion, observers ...
Source: BestWire Date: April 6, 2018
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A.M. Best Assigns Issue Credit Ratings to The Progressive Corporation’s Senior Unsecured Notes and Preferred Shares
Credit Ratings (ratings) is stable. Following these issuances, A.M. Best expects that financial leverage and coverage metrics for Progressive will remain within guidelines for the ...
Source: BestWire Date: March 29, 2018

Progressive Appoints General Manager to Lead Subsidiary American Strategic Insurance
American Strategic Insurance. He succeeds ASI Founder, President and Chief Executive John Auer, who will remain ASI board chairman after his April 1 retirement. Pratt joined ...
Source: BestWire Date: March 28, 2018
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Progressive’s February Commercial Net Premiums Rise $70 Million on Uber Expansion
Colorado and Florida (Best's News Service, March 1, 2018). The commercial coverage for Uber remains reinsured to minimize exposure, Progressive said in its monthly statement. Net ...
Source: BestWire Date: March 14, 2018
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Uber Expands Geographic Commercial Auto Coverage by Progressive, Starts Coverage With Farmers, Allstate
Farmers Insurance and Allstate Corp. are now writing commercial automobile policies for ride-booking company Uber Technologies Inc., in select states, and Progressive has expanded ...
Source: BestWire Date: March 1, 2018
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Progressive CEO: Thunderstorms Had Greater Impact on Coastal Property Business Than Named Storms
Severe thunderstorms had a far greater impact on Progressive Corp.'s coastal-concentrated property business than named storms last year, President and Chief Executive Officer ...
Source: BestWire Date: February 28, 2018
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Progressive Plans to Hire 7,500 This Year in Various Locations, Departments
Phoenix and 325 in Sacramento, California. The company said hundreds of remote work positions are open. "We have many people in high-level leadership positions who started their ...
Source: BestWire Date: February 12, 2018
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Progressive to End Drop-Off/Pick-Up Points for Customer Vehicles
Mike Sieger, Progressive claims president, said in a statement. "We'll have an even broader network of shops in more locations for customers to choose from, and we'll continue to ...
Source: BestWire Date: January 17, 2018
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Progressive Subsidiaries Will Pay More Than $2 Million to Settle Government False Claims Allegations
Progressive Casualty Insurance Co. and Progressive Garden State Insurance Co. were related to Medicare and Medicaid payments made New Jersey policyholders, generally after an ...
Source: BestWire Date: November 17, 2017
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Progressive CFO Says Company Likely to Let Federal Tax Change Benefit Net Earnings
Chief Financial Officer John Sauerland said during an earnings call. However, he said the company would consider the competitive environment and the "likely permanence in any ...
Source: BestWire Date: November 3, 2017
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Progressive Awarded Ohio Tax Credit to Create 900 Jobs
Progressive Casualty Insurance Co. has been awarded a state tax credit to create 900 full-time positions expected to generate an additional $63 million in payroll annually. The ...
Source: BestWire Date: October 31, 2017
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NICB: Number of Vehicles Damaged or Destroyed by Hurricane Harvey Exceeds Sandy or Katrina
National Insurance Crime Bureau. The number far exceeds the 300,000 claims filed after Hurricane Katrina struck Louisiana in 2005 and the 250,500 claims in the wake of Hurricane ...
Source: BestWire Date: October 19, 2017
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Progressive Third-Quarter Net Up 13% Despite Cat Losses From Hurricanes Harvey, Irma
Hurricane Irma hit Florida. The company's catastrophe losses also spiked in August on Hurricane Harvey losses, but quarterly net income rose. Third-quarter net income attributable ...
Source: BestWire Date: October 17, 2017
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Progressive: Hurricane Harvey Generated Nearly All of $254 Million of August Catastrophe Losses
August catastrophe losses, the company said in a statement. For the month, the company reported a $16.8 million net loss attributable to Progressive, against a $49.3 million net ...
Source: BestWire Date: September 19, 2017
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A.M. Best Revises Outlooks to Positive for American Strategic Insurance Corp and Affiliates
Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best's Credit Ratings. For ...
Source: BestWire Date: August 25, 2017

Progressive July Catastrophe Losses Fall Sharply
Shares of Progressive Corp. (NYSE: PGR) were trading at $48.71 on the afternoon of Aug. 16, up 2.35% from the previous close. (By Renée Kiriluk-Hill, associate editor, BestWeek: ...
Source: BestWire Date: August 16, 2017
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