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 …
The Progressive Group of Insurance Cos., which insures more than one million watercrafts nationwide, has launched a line of new boating coverage options targeting Florida’s large population of boating enthusiasts. The Mayfield Village, Ohio-based company noted data from the National …
Progressive Corp., the fourth- largest U.S. car insurer, said profit rose 27 percent as margins improved for a second straight period. Third-quarter net income climbed to $296.1 million, or 50 cents a share, from $232.4 million, or 39 cents, a …
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 …
Illinois drivers should get ready to pay more for insurance. Northbrook-based Allstate says in a regulatory filing that rates for customers will climb between 2.5 and 3.5 percent later this month. Esurance rates are rising about 3.2 percent in late …
Direct writer GEICO’s success in auto insurance sales is due to spending dollars on effective advertising rather than on agents, according to recent research from analysts at Nomura Equity Research, which notes that GEICO has overtaken Allstate to become the …
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 …
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 …
Progressive Corp., the fourth- largest U.S. auto insurer, said profit more than doubled as premium revenue climbed after the company raised rates for coverage. But the insurer declined in New York trading as the results missed analysts’ estimates and growth …
Progressive Corp. announced Thursday it reached a settlement with the family of Kaitlynn Fisher — a Progressive policyholder who died in an auto accident when her car was struck by an under-insured driver in Baltimore in 2010. The insurance giant …
