Massachusetts is about to get a new auto carrier—for commercial, not personal, lines.
Progressive Insurance is awaiting approval of rate and form filings from the Massachusetts Division of Insurance in preparation for selling commercial auto products beginning this fall, according to spokesperson, Shawn Fergus.
The company’s plans including selling commercial auto through its Drive from Progressive brand using select independent insurance agents in the state.
The company says it will use its existing staff of claims specialists with experience along with occasional independent adjusters.
Topics Auto Commercial Lines Business Insurance New Markets Massachusetts
Was this article valuable?
Here are more articles you may enjoy.
Europe’s Insurers Cut Coverage of Weather Losses, Report Says
Viewpoint: The ‘Unbundled’ Insurer Emerges in Age of AI as Value Chain Fragments
Florida Supreme Court Approves Board Certification in Insurance Law
Banking Watchdogs Ramp Up AI Scrutiny as Stability Fears Mount, Sources Say 

