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Progressive’s latest financial report shows that a gigantically improved performance in security gains helped drive this year’s May profits to nearly triple the size of the insurer’s May...Read More »
A financial report released by Progressive last week shows that the insurer managed to increase April profits by 128 percent between this year and last year, with April 2013 profits coming in at $139.5...Read More »
A new feature on the mobile smartphone application for Esurance customers will allow them to “settle claims quickly and conveniently” with a photo-based process that nixes the need for face-to-face...Read More »
State Farm is conducting preliminary testing on a smartphone application called RightLane that measures driving behavior. RightLane’s beta-testing is a marked shift in the arena of usage-based insurance...Read More »
Allstate’s usage-based insurance (UBI) program Drivewise is available in six more states and now has a smartphone application that will allow policyholders to check on how they drove during...Read More »
Progressive’s latest financials show that the insurer’s first-quarter net income jumped 20 percent compared with last year, but March income was dragged down by poor security gains and...Read More »
After five straight years of underwriting losses, coverage providers will see a small bump in 2013 due to continuing rate increases and a more normalized environment of disaster losses, according...Read More »
Progressive Insurance saw a nice bump in February revenues compared with last year, but higher loss expenses cut into those revenues, leaving the company with a 5.7 percent drop in monthly profits,...Read More »
Progressive began this year with a bang, posting January profits that were 79 percent higher than the same month in 2012, according to the insurer’s latest financials. The direct-to-consumer...Read More »