progressive insurance News

Former Iowa Firefighter Again Pleads Guilty to Insurance Fraud

A former Iowa firefighter pleaded guilty to insurance fraud related to a string of cases spanning Buchanan, Clayton and Delaware counties, the Iowa Department of Insurance reported. Terry Russell Groth, a former Strawberry Point firefighter, entered the plea on Feb. …

Progressive Introduces Coverage for Rideshare Drivers in Texas

Progressive Insurance said it is now offering coverage for drivers of transportation network companies (TNCs) in Texas. The coverage will be a personal policy endorsement that fills most of the coverage gap between a personal auto policy and the commercial …

Florida High Court Removes Judge Over Misconduct in Progressive Injury Cases

A Broward County judge will be removed from the bench for misconduct committed eight years before she was elected to the post. The Florida Supreme Court ruled June 18 that Judge Laura Watson isn’t fit to serve as a judge …

Idaho Man Sentenced For Insurance Fraud Against Progressive

An Idaho Falls, Idaho man has been sentenced for filing false car insurance claims. The Idaho Attorney General’s Office says Robert C. MacNeilage was sentenced last week to an intensive treatment and education program at a minimum-security prison, with an …

Progressive Insurance Acquiring Homeowners Group ASI for $875M

Auto insurance giant Progressive Insurance is enhancing its homeowners insurance offerings by acquiring controlling interest in a Florida-based group of insurers now selling homeowners, renters, condo, umbrella, flood and other property/casualty coverages in about half the states nationwide. The Progressive …

Progressive Insurance Profit Down as Investment Gains Narrow

Progressive Corp., the fourth- largest U.S. car insurer, said second-quarter profit fell 9.6 percent as investment gains narrowed. Net income dropped to $293.4 million, or 49 cents a share, from $324.6 million, or 54 cents, a year earlier, the Mayfield …

Indiana Body Shops Sue Insurers over Compensation for Vehicle Repairs

Indiana body shops and auto insurers are on a collision course over repair compensation practices, a dispute that could cost millions of dollars to patch up. In a federal lawsuit, 14 Indiana shops accuse State Farm Insurance and competitors of …

Progressive Insurance Chairman, Former CEO, Philanthropist Lewis Dies

Progressive Corp. Chairman Peter B. Lewis, the billionaire who turned a company founded by his father into one of the largest U.S. auto insurers, has died. He was 80. Lewis died Saturday at his home in Coconut Grove, Florida, after …

Insurers Say Latest CFA Study Is Flawed; Marketplace Is Highly Competitive

The new auto insurance pricing study from the Consumer Federation of America (CFA) is getting roundly criticized by insurance industry representatives. The representatives say that states’ auto insurance marketplaces are highly competitive, with most drivers having dozens of auto insurers …

Progressive Data Shows 30% Rise in Single-Vehicle Claims on New Year’s Day

According to data from Progressive Insurance, single-vehicle claims were up 30 percent on New Year’s Day 2012, when compared to the same day of the week two weeks prior to and after New Year’s Day. The total number of claims …