Personal Lines
Progressive: Policies Grow Faster Than Workforce
Parts of Progressive's year-end earnings call early this month sounded a bit like Lemonade's Investor Day last year—with both focused on how automation supports growth without adding people. In ...
Lemonade: 700K Customers on the Car Waitlist
While Allstate's CEO Tom Wilson named GEICO and Progressive when asked about the ability to grow auto insurance in 2025 as competitors do the same, no one on Allstate or Progressive's earning calls ...
Data Insight: Who’s Growing in Personal Lines?
A relative newcomer to the personal lines space—Lemonade—marked a milestone this week, announcing that it surpassed $1 billion of in force premiums, a measure of annualized premiums that the ...
Wall Street Brokers Start Trading Insurer Claims From LA Fires
Wall Street brokers have started selling insurers' claims tied to Los Angeles' deadly wildfires, which may trigger a payout from the utilities blamed for the destruction, according to people familiar ...
U.S. P/C Insurance Industry Income Tops $100B in 2024: Verisk, APCIA
The U.S. property/casualty insurance industry reported its first full-year underwriting gain in four years, fueling a jump in net income to $170 billion, according to a joint report from Verisk and ...
CoreLogic: Roughly 170K Were In Path of March Tornadoes
Approximately 170,000 properties were potentially impacted by the recent severe tornado outbreak across the Midwest and Mississippi Valley, in addition to wildfires and dust storms across the ...
Hyundai, Kia’s Anti-Theft Measures Fuel Steep Dip in U.S. Vehicle Thefts
Vehicle thefts in the United States recorded their biggest yearly drop in four decades as automakers, mainly Hyundai and Kia, bolstered anti-theft measures, while easing supply ...
Automakers, Tech Industry Urge Trump to Speed Self-Driving Car Deployment
Major automakers and tech groups on Tuesday called on the Trump administration to take steps to speed deployment of self-driving cars, citing a number of regulatory hurdles. The Alliance For ...