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Progressive Corporation
  
181 through 200 of 289 matching documents, newest pages first.   Sort by relevance

Maine Regulator Blocks Progressive Age-Based Auto Rate Hike Requests
Maine Superintendent of Insurance Eric Cioppa denied Progressive Corp.'s age-based auto rate hike requests. Subsidiaries misstated the difference between correlation and causation ...
Source: BestWire   Date: August 11, 2016
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Update: Progressive CEO: Homeowners Line Continues to Evolve
...Corrects attributed information in the fifth paragraph.) Progressive Corp. President and Chief Executive Officer Tricia Griffith said she'd like to see the company improve its ...
Source: BestWire   Date: August 4, 2016
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Maine Lawmaker to Offer Bill Preventing Auto Insurers From Raising Renewal Rates Based Solely on Age
Progressive Casualty Insurance Co., Progressive Northwestern Insurance Co. and Progressive Northern Insurance Co. in one and United Financial Casualty Co., in the other. In July ...
Source: BestWire   Date: July 20, 2016
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Progressive Corp. Second-Quarter Net Income Falls 47%
Last month, Progressive said its ARX Holding Corp. "exchanged an insurance subsidiary that wrote commercial property insurance for an insurance company that writes personal ...
Source: BestWire   Date: July 14, 2016
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Cat Losses Nearly Triple in April at Progressive, Net Drops
Texas (Best's News Service, April 26, 2016). Cat losses in April 2015 of about $54 million translated to 2.8 loss ratio points, Progressive said in a statement, while the higher ...
Source: BestWire   Date: May 18, 2016
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Progressive CEO Renwick to Retire; Personal Lines COO Named Successor
Renwick said (Best's News Service, March 2, 2016). According to BestLink, Progressive Insurance Group's U.S. market share has grown steadily over the past decade, from a 7.5% share ...
Source: BestWire   Date: May 13, 2016
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Progressive CEO: Auto Severity, Catastrophe Trends Not a Big Concern
The combined ratio for the quarter was 94.6, compared with 92.7 a year ago. Renwick added in the call "with the growth rates we had it was a nice quarter." He said Progressive is ...
Source: BestWire   Date: May 6, 2016
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Progressive 1Q Net Drops 13% as Cat Losses Jump on March Hailstorms
The combined ratio worsened 1.9 points to 94.6. Catastrophe losses accounted for 1.9 points, compared with 0.2 points in the prior year, Progressive said in a statement. Two ...
Source: BestWire   Date: April 14, 2016
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State Farm Eyes Technology to Assess Student Drivers as Data Plays Bigger Underwriting Role
State Farm Mutual Automobile Insurance Co. has filed for a patent on a computer system that would use real-time data to score behind-the-wheel student driver sessions. Its system ...
Source: BestWire   Date: April 6, 2016
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Progressive Grows Lines in First Two Months of 2016
Each of the first two months of the year Progressive Corp. grew direct automobile insurance business by 10% and commercial lines 9%, according to its monthly numbers reports. Net ...
Source: BestWire   Date: March 16, 2016
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McKinsey Director: Insurers Can Benefit From Fragmented Small Commercial Lines Market
For insurers, a fragmented and diverse U.S. small commercial lines market represents untapped possibilities along the lines of how automobile insurers were able to re-invent ...
Source: BestWire   Date: March 3, 2016
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Progressive CEO: Usage-Based Auto Business Keeps Driving Growth
Florida and Louisiana, where it has been introduced. New quoting is rising "significantly," the CEO said, to "a half to two-thirds the rate on our direct channel." The company is ...
Source: BestWire   Date: March 2, 2016
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Personal Auto Insurers Get 63 Rate-Change Approvals in February, Including 33.4% Hike
United States in February. Regulators in 17 states gave the top five U.S. auto insurers the go-ahead to raise rates for various sublines from Massachusetts as far south as Alabama ...
Source: BestWire   Date: March 1, 2016
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Direct Auto Policies Increase 10% at Progressive in January
Columbia and flood insurance in 35 states and D.C. Agency auto policies increased 1% to 4.8 million, and special lines were up 2% to 4.1 million. In the fourth quarter, the insurer ...
Source: BestWire   Date: February 17, 2016
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A.M. Best Affirms Ratings of The Progressive Corporation and Its Subsidiaries
Auto Group (collectively known as Progressive). A.M. Best also has affirmed the FSR of A (Excellent) and the ICR of "a+" of National Continental Insurance Company. In addition, ...
Source: BestWire   Date: February 11, 2016
Progressive Net Income Drops in Fourth Quarter, but Rises in 2015
Progressive said in a statement. Total revenues for the year climbed to $20.9 billion, an increase of 8%. Investment income in 2015 increased by 11%, to $455 million. The number of ...
Source: BestWire   Date: January 27, 2016
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Best’s Statistical Study: Progressive NPW Exceeds AIG Through Nine Months of 2015  
Group past American International Group Inc. to take the sixth spot among U.S. property/casualty companies. And Progressive's combined ratio of 92.3 was second best in the top 10, ...
Source: BestWire   Date: December 21, 2015
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Progressive CEO: Rate Increases Keep Company on Top of Industry Changes
... Shares of Progressive Corp. (NYSE: PGR) were trading the afternoon of Nov. 6 at $31.82, down 1.73% from the previous close. (By Renée Kiriluk-Hill, associate editor, BestWeek: ...
Source: BestWire   Date: November 6, 2015
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PCI Vice Chairman: Sharing Economy Opens Doors to New Coverages
Today let's take auto insurance. We typically sell it in six- and 12-month increments. With the technology that supports the sharing economy and that connectivity we have through ...
Source: BestWire   Date: October 27, 2015
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Progressive Third-Quarter Net Drops 6%; September Direct Sales Exceed Agency-Written Policies
Shares of Progressive Corp. (NYSE: PGR) were trading the afternoon of Oct. 16 at $32.48, up 2.04% from the previous close. (By Renée Kiriluk-Hill, associate editor, BestWeek: ...
Source: BestWire   Date: October 16, 2015
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