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[x]
TopicProperty/Casualty (Non-Life)
[x]
CompaniesProgressive Corporation
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Progressive Reports $43 Million in Potential LA Wildfire Losses
Los Angeles wildfires in January. Personal property accounted for 72% of that total, the company said in a statement. Based on direct premiums written, Progressive Insurance Group ...
Source: BestWire Date: February 19, 2025
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Progressive Reports Net Income Increased 19% in Fourth Quarter
The combined ratio stood at 87.9 at the end of the fourth quarter, compared with 88.7 in the same period a year earlier. Net premiums written rose 20% to about $18.1 billion in the ...
Source: BestWire Date: January 29, 2025
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Helene Cost Progressive $563 Million in September
Category 1 storm, Progressive said. "We based these estimates on very early claims reporting information, our experience with severity and reporting patterns from many past storms, ...
Source: BestWire Date: October 15, 2024
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Progressive Pausing New Homeowners Business in Texas
Griffith wrote to shareholders. We continue to focus on growing in states where weather risk is relatively lower, while maintaining or reducing our market share in higher volatile ...
Source: BestWire Date: September 16, 2024
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CEO: Competitors Will Follow Progressive's Lead and Lower Rates
Chief Executive Officer Tricia Griffith said during an earnings call. "Everyone has to have competitive prices," she said. "We want to grow; we want unit growth." Progressive also ...
Source: BestWire Date: August 6, 2024
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Progressive 2Q Net Income Quadruples to $1.46 Billion
May results," the company said in a statement. Earlier Progressive estimated that it incurred $722.1 million in net catastrophe losses in May as severe convective storms battered ...
Source: BestWire Date: July 16, 2024
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Progressive First-Quarter Net Income Jumps Fivefold
Shares of Progressive Corp. (NYSE: PGR) traded during the afternoon of April 12 at $204.14, up 0.93% from the previous close. (By Renée Kiriluk-Hill, senior associate editor, ...
Source: BestWire Date: April 12, 2024
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