Europe’s The Generali Group and Progressive Group of Insurance Companies of the U.S., both among the leaders in car insurance telematics, said they have entered into an research and development collaboration to improve their individual data analytics capabilities and foster …
Progressive Corp., the fourth-largest U.S. auto insurer, said it will begin increasing rates for some risky customers who participate in a program that allows the company to electronically monitor driving habits. The decision to lift premiums is a shift for …
Progressive has partnered with OnStar Corp. to bring its usage-based insurance program, Snapshot, to OnStar customers. Starting this summer, buyers of 2016 and most 2015 General Motors vehicles will have the option to have their driving data gathered by the …
Progressive Corp. said its technology that tracks driver behavior to set insurance rates will help the company adapt as automated cars take the road. The auto insurer offers a device called Snapshot, which plugs into a vehicle and monitors habits …
Progressive Corp., the fourth-largest U.S. auto insurer, said profit dropped 16 percent as investment income declined for a 12th straight quarter. Third-quarter net income decreased to $232.4 million, or 39 cents a share, from $277 million, or 46 cents, a …
Sprint is expanding its user-based insurance platform — Integrated Insurance Solutions — with two new products that the company believes is the next step for UBI 2.0. Working with Modus, Sprint launched a text disablement product that is hard wired …
Progressive Corp., the fourth-largest U.S. auto insurer, is searching for the right message to attract customers to a product that tracks a person’s driving to set rates, Chief Executive Officer Glenn Renwick said. Surveys of prospective Snapshot users have shown …
