Destination Progressive… or One of These Other Carriers February 29, 2024 By Susanne Sclafane Commissions are more certain than insurance losses. Those were not exactly the words that a Progressive executive used when he...
Progressive in a Better Place With Reserve Boosts Done, CEO Says November 2, 2023 By Susanne Sclafane Shoring up loss reserves and adding “the premium equivalent” of a top 8 personal auto insurer to its books has...
Progressive CEO: Early Rate Actions Helped Growth February 28, 2023 Progressive Corp. posted full-year 2022 net income of $721.5 million, down about 78% from net income of $3.35 billion the...
People Moves: AIG Promotes Bolt; RIMS Honors Griffith; Tokio Marine HCC Hires Ingerslev for Cyber; Frenier to Lead CAC Specialty Prof, Cyber Business Development April 14, 2022 AIG Appoints Tom Bolt EVP and Chief Risk Officer American International Group (AIG) said Tom Bolt was named Executive Vice...
Progressive CEO Says Move Into Life Insurance Possible: ‘More to Come’ October 7, 2020 By Katherine Chiglinsk Progressive Corp. could soon expand its horizons into life insurance. “We actually are considering that,” Chief Executive Officer Tricia Griffith...
Progressive Q2 Profit Up on Fewer Accidents; CEO Says ‘Black Lives Matter,’ Vows Action August 10, 2020 By Andrew G. Simpson “Black Lives Matter to me and they matter to us as an organization,” Progressive Corp. CEO Tricia Griffith wrote in...
Progressive’s Flo Returns to Grab Business as Competitors Raise Rates March 6, 2017 By Lisa Du and Steven Crabill Progressive Corp., the fourth-largest U.S. auto insurer, boosted spending on marketing this year to win customers after scaling back in...
Progressive CEO Renwick to Retire; Griffith Chosen as Successor May 13, 2016 The Progressive Corp. announced that Glenn Renwick, president and chief executive officer, will retire after more than 15 years as...