Class Action Accuses Toyota of Illegally Sharing Drivers’ Data With Progressive April 23, 2025 By Ezra Amacher A federal class action lawsuit filed this week in Texas accused Toyota and an affiliated telematics aggregator of unlawfully collecting...
Progressive Q1 Net Income Up 10% April 16, 2025 First quarter net income at Progressive Corp. increased 10% compared to the same period a year ago to about $2.6...
Data Insight: Who’s Growing in Personal Lines? April 1, 2025 A relative newcomer to the personal lines space—Lemonade—marked a milestone this week, announcing that it surpassed $1 billion of in...
Progressive’s Margins Leave Room for Tariff Impacts: CEO March 5, 2025 By Susanne Sclafane With its 2024 combined ratio falling comfortably more than 7 points below a targeted level of 96, Progressive has room...
Progressive to End Offering Dwelling Fire Insurance November 12, 2024 By Chad Hemenway Progressive said it will stop offering dwelling fire insurance, with nonrenewal notices going out as early as Nov. 19. The...
Progressive to Pay $48M to New York Drivers Over Underpaid Total Loss Claims July 5, 2024 By Andrew G. Simpson Progressive Insurance has agreed to a $48 million settlement with a class of 93,000 New York policyholders who claim the...
GEICO Tops Progressive With Higher J.D. Power Scores June 26, 2024 By Susanne Sclafane Although Berkshire Hathaway’s Warren Buffett and Ajit Jain told investors last month that GEICO is playing catch-up with Progressive to...
Severe Storms Caused $722M in Catastrophe Losses in May: Progressive June 17, 2024 Progressive on Friday said severe storms mostly in Texas and the Midwest caused about $722 million in net catastrophe losses...
Progressive Set to ‘Maximize’ Growth, Building on Q1 May 9, 2024 By Susanne Sclafane When Progressive’s chief executive officer weighed the words that should go into the management discussion section of the company’s first-quarter...
Progressive Gains as Drivers Shop Around for Auto Insurance—Again April 22, 2024 Although it may have seemed like drivers had thrown in the towel on trying to find cheaper auto insurance prices...