Progressive News
Progressive Introduces Insurance Comparison Quoting Platform for Small Business Owners
Ohio-based national insurer Progressive has joined the ranks of carriers offering small businesses a platform to buy insurance quickly and simply. The insurer's new online BusinessQuote Explorer ...
‘I Worry Much More About Progressive’ Than Tesla, Buffett Says
Berkshire Hathaway Chair Warren Buffett said he isn't worried about recent assertions by Tesla Chief Executive Elon Musk that the electric car maker could offer a more compelling insurance product ...
Direct-to-Consumer Auto Insurance Keeps Gaining Traction: J.D. Power
Direct-to-consumer auto insurers appear to be gaining serious market traction, according to a new report from J.D. Power. The firm reports that auto insurance revenue hit $245 billion in 2018, ...
Progressive Plans 10,000-Employee Hiring Spree
Progressive plans to hire more than 10,000 people through 2019 to help propel rapid growth. The Ohio-based property/casualty insurer said it wants to fill analyst, IT, corporate, customer care, ...
Big 3 Drive Personal Auto Insurance Recovery; Signs of Rate Hike Fatigue Ahead
Steady improvement for U.S. personal auto insurance companies has culminated in the sector's best underwriting performance in 10 years, according to a report from Fitch Ratings. The market ...
The Latest Launches From Progressive, AXA XL and Starr Insurance Companies
Progressive Insurance is now offering its small business customers the option of an online marketplace for cyber coverage. AXA XL, meanwhile, added complimentary proactive cybersecurity services for ...
Amazon’s Rumored Interest in Home Insurance Put Into Perspective
As the largest U.S. insurers gathered at the Marriott Marquis hotel in Times Square to discuss the prospects for their industry, a threat to that future emerged from the nation's other coast. ...
Progressive, Travelers, Chubb Among Insurers Pulling Back From Muni-Bond Market
Some of the biggest U.S. insurers reduced their holdings of state and local government bonds after the corporate tax cut took effect this year, marking a retreat by a key buyer in the $3.9 trillion ...