Reports Show Insurers Lag Behind in Adopting Technology February 17, 2015 By Carolyn Cohn At a time when the financial sector is racing to embrace digital technology to boost sales and drive profits, the...
GM’s OnStar Ready to Offer Progressive’s Usage-Based Insurance February 4, 2015 By Amy O'Connor Progressive has partnered with OnStar Corp. to bring its usage-based insurance program, Snapshot, to OnStar customers. Starting this summer, buyers...
Progressive Announces New Boat Coverages in Florida October 22, 2014 The Progressive Group of Insurance Cos., which insures more than one million watercrafts nationwide, has launched a line of new...
Progressive Profit Jumps 27% in Q3 on Improved Sales October 15, 2014 By Laura Davison Progressive Corp., the fourth- largest U.S. car insurer, said profit rose 27 percent as margins improved for a second straight...
Progressive Insurance Profit Down as Investment Gains Narrow July 11, 2014 By Kelly Gilblom Progressive Corp., the fourth- largest U.S. car insurer, said second-quarter profit fell 9.6 percent as investment gains narrowed. Net income...
Hike in Auto Insurance Rates Expected in Illinois January 9, 2014 Illinois drivers should get ready to pay more for insurance. Northbrook-based Allstate says in a regulatory filing that rates for...
GEICO Success Highlights Advertising Dollars vs. Agent Commissions Debate October 22, 2013 Direct writer GEICO’s success in auto insurance sales is due to spending dollars on effective advertising rather than on agents,...
Progressive: Investment Income Slips; Premiums and Auto Policies Up October 10, 2013 Progressive Corp., the fourth-largest U.S. auto insurer, said profit dropped 16 percent as investment income declined for a 12th straight...
Progressive Finds 40% of Drivers Say ‘No Way’ to Driver Tracking Product August 9, 2013 By Megan Hickey and Noah Buhayar Progressive Corp., the fourth-largest U.S. auto insurer, is searching for the right message to attract customers to a product that...
Progressive Premium Revenue Climbs, Profit More Than Doubles July 11, 2013 By Megan Hickey Progressive Corp., the fourth- largest U.S. auto insurer, said profit more than doubled as premium revenue climbed after the company...