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Progressive Corporation

 
81 through 100 of 289 matching documents, newest pages first.   Sort by relevance

Progressive 3Q Net Income Drops 92%, Hit By Ida Losses and Lower Gains
Progressive said in a statement. Auto incurred the majority of losses last month, largely in New York, New Jersey and Pennsylvania, where Ida's remnants caused historic flash ...
Source: BestWire   Date: October 14, 2021
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Progressive: August Catastrophe Losses From Hurricane Ida at $341.9 Million
Gulf Coast and Northeast. Remnants from Ida caused extensive flooding in early September in northern states. The combined ratio for Progressive's personal property business rose to ...
Source: BestWire   Date: September 17, 2021
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AM Best Removes From Under Review With Positive Implications, Upgrades ICRs of Protective Insurance Corporation and Subsidiaries
Corporation Group (Protective). AM Best also has removed from under review with positive implications and upgraded the Long-Term ICR to "bbb+" (Good) from "bbb" (Good) of ...
Source: BestWire   Date: August 25, 2021
Progressive CEO: Rising Used Car Prices Accelerate Claims Severity
President and Chief Executive Officer Tricia Griffith. "What we're seeing is some pretty steep severity trends" after giving back more than $1 billion in premiums and lowering ...
Source: BestWire   Date: August 4, 2021
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Progressive 2Q Net Income Drops 56% as Auto Claims Frequency Jumps
Shares of Progressive Corp. (NYSE: PGR) traded midday July 15 at $94.50, down 3.03% from the previous close. (By Renée Kiriluk-Hill, associate editor, BestWeek: ...
Source: BestWire   Date: July 15, 2021
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AM Best: Three of the Top Five Florida Homeowners Writers Gain Market Share
Chief Executive Officer Barry Gilway. This isn't the first time Florida property writers have been in a tough spot, but ultimately it's a capitalist market, said Travis Miller, an ...
Source: BestWire   Date: June 30, 2021
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Progressive Completes $338 Million Protective Acquisition
Commercial Lines President Karen Bailo said in a statement. Earlier, she said commercial lines business offered one of the greatest opportunities to expand Progressive's ...
Source: BestWire   Date: June 1, 2021
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Progressive CEO: Progressive and Geico Are Head-to-Head Brands
Geico is a formidable competitor, one that has pushed Progressive Corp. to keep improving on its rate-to-risk advantage, according to President and Chief Executive Officer Tricia ...
Source: BestWire   Date: May 5, 2021
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Progressive First-Quarter Net Income More Than Doubles to $1.48 Billion
The combined ratio worsened 2.4 points to 89.3. The company noted widespread COVID-19-related shutdowns initiated in March 2020 will impact comparisons of automobile results for ...
Source: BestWire   Date: April 15, 2021
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Progressive Incurs $120 Million in Losses From February Winter Storm
Officer Karen Clark said in February (BestWire, Feb. 19, 2021). While Progressive reported a combined ratio of 143.7 for the month in property, the company-wide combined ratio of ...
Source: BestWire   Date: March 17, 2021
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Progressive CFO: Business Line Expansion Is All About Boosting Auto Insurance Sales
... Shares of Progressive Corp. (NYSE: PGR) closed at $88.74 on March 2, up 1.26% from the previous close. (By Renée Kiriluk-Hill, associate editor, BestWeek: Renee.Kiriluk-Hill@ambes...
Source: BestWire   Date: March 2, 2021
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Progressive CEO: Insurance Industry Needs Proven Risk Rating Metrics and More Affordable Products
Virtual Emerging Leaders Conference. "Risk-based pricing is data-based" and should be bifurcated from discussions about affordability, she said when asked about social justice and ...
Source: BestWire   Date: February 22, 2021
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AM Best Comments on Credit Ratings of The Progressive Corp and Members Following Protective Insurance Acquisition Announcement
Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office ...
Source: BestWire   Date: February 16, 2021
AM Best Places Credit Ratings of Protective Insurance Corporation and Subs Under Review Following Acquisition Announcement
Protective Insurance Corporation Group. AM Best also has placed under review with positive implications the Long-Term ICR of "bbb" of Protective Insurance Corporation [NASDAQ: ...
Source: BestWire   Date: February 16, 2021
Progressive to Acquire Protective in $338 Million Cash Deal Expanding Commercial Auto Products
President Karen Bailo said in a statement. "Our commercial lines business provides one of our greatest opportunities to expand our addressable market and grow," she said. Premium ...
Source: BestWire   Date: February 16, 2021
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Industry Observer: Progressive and State Farm NFL Quarterback Ads Could Hike Market Share
Baker Mayfield, Aaron Rodgers and Patrick Mahomes. Online searches, which predict eventual changes in market share, spiked for the brands and products by as much as 300% after the ...
Source: BestWire   Date: January 27, 2021
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Progressive Attributable Fourth-Quarter Net Income Rises 57% to $1.68 Billion
December 2019 renewed early, in August 2020. Premium growth in traditional commercial segments, particularly for-hire trucking, remains strong on greater demand for shipping ...
Source: BestWire   Date: January 27, 2021
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AM Best Affirms Credit Ratings of The Progressive Corporation and Its Members
...National Continental) (Bohemia, NY). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and ratings.) The ratings of ...
Source: BestWire   Date: December 16, 2020
Progressive CEO: Targeted Actions Underway to Gain Auto Market Share
The company added 2.4 million policies year-over-year, she said. It offered nearly 20% credits for two months at the start of the pandemic to aid retention and is taking "small ...
Source: BestWire   Date: November 4, 2020
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Progressive: Personal Auto Income Jumps as Claims Frequency Drops 19% in Third Quarter
The personal auto combined ratio improved 4.4 points to 86.6. The personal auto results helped boost Progressive's consolidated attributable third-quarter net income by 82% to ...
Source: BestWire   Date: November 3, 2020
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