Progressive News
COVID Restrictions Push Progressive’s Premiums to Robust Levels
The Progressive Corp. saw robust, double-digit increases in net premiums written and net income, gains it said stemmed, in part, from a year of COVID-19 quarantine restrictions. The Ohio-based ...
Progressive’s Legendary Marketing Guru Plans to Retire
The Progressive Insurance executive credited with a number of iconic marketing campaigns at the carrier is retiring. Jeff Charney will sign off as chief marketing officer for Progressive in January ...
Personal Auto Insurance Profits Unsustainable, Fitch Says
Highly profitable sub-90 personal auto combined ratios recorded by 10 publicly traded property/casualty insurers in 2020 don't look anything like the 106 recorded in 2016. But they're headed in that ...
Progressive Will Grab Transportation Insurer Protective for $338M
The Progressive Corp. will acquire Indiana-based trucking industry insurer Protective Insurance Corp. for $338 million in cash - a move that will increase its stake in the commercial lines insurance ...
Life Insurance Next for Lemonade: Auto on the Horizon
Lemonade plans to start selling term life insurance in the next 90 days, adding to its current rental, homeowners and pet insurance offerings, the company said in an earnings report released late ...
Progressive Blends Home Insurance Quoting Into Mortgage Lending Program
Progressive Insurance is now serving home buyers in the digital mortgage process by using information they've already entered for their loans to deliver homeowners' insurance quotes with a single ...
Progressive CEO Griffith Mulls Expansion Into Life Insurance
Progressive Corp. could soon expand its horizons into life insurance. "We actually are considering that," Chief Executive Officer Tricia Griffith said when asked about a possible move. "We have a ...
Progressive Adds Pet Insurance Coverage as Voluntary Employer Benefit
Progressive now offers pet insurance, with an eye on selling it by way of an employer-offered voluntary benefit. The Ohio-based property/casualty insurer said the new product comes through a ...