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Election Week has drawn to a close, but a new patent is bringing together two unlikely partners: policyholders and their politics. A U.S. patent for a “voting status generator” was assigned last month...Read More »
A strong third-quarter performance from The Hartford saw year-over-year profits skyrocket as disaster-related losses fell and the insurer pumped up prices while still improving retention levels. The Hartford...Read More »
Progressive discussed its huge improvement in third-quarter earnings Friday, which amounted to an 83 percent jump from last year, while executives announced plans to ramp up marketing for Snapshot Discount, less...Read More »
A gigantic drop in disaster-related losses and rises in property and liability premiums led to a year-over-year quadrupling of profits and a successful third quarter for Allstate Corp., which released...Read More »
Liberty Mutual reported an improved third-quarter performance this year, supported by significant growth in revenues and a huge drop in catastrophe losses for the quarter. The insurer posted...Read More »
A mix of lower losses from catastrophes and growth in revenue and sales of auto policies in California contributed to Mercury General Corporation’s financial turnaround during the third quarter...Read More »
A class-action lawsuit brought against Auto Club of Southern California by one of its former agents alleges that the insurer engaged in practices meant to dodge state regulations barring insurers...Read More »
A New York court handed an auto body shop a favorable decision last week allowing it to proceed with a lawsuit against Progressive and some of the insurer’s affiliates. The case alleges...Read More »
Travelers Companies Inc. reported $864 million in net profits for its third quarter, as the insurer saw a steep dive in losses from catastrophes, higher revenues and steady customer retention. In...Read More »