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Progressive’s latest quarterly financial report, released Wednesday, showed big year-over-year profit gains, supported largely by investment returns and premium growth. The $277 million in profits posted...Read More »
The Maryland Insurance Administration has ordered car insurer Erie to pay a portion of its customers nearly $2 million for raising their rates without giving them proper notice that they would be doing...Read More »
White Mountains Insurance Group filed a lawsuit against Allstate this week claiming the nation’s second-largest insurance company broke contractual obligations when it bought Esurance in a billion-dollar...Read More »
This month, Esurance began selling policies in Arkansas, the latest expansion for the insurer that has seen major growth efforts since Allstate acquired it last October. Currently, Esurance offers auto...Read More »
Progressive’s latest financial report showed profits and revenue growing by leaps and bounds, although those numbers were affected by the one-time liquidation of hundreds of millions of dollars...Read More »
In its latest monthly financial report, Progressive showed revenue, profit and policy gains compared with July of last year. The company’s July profits increased $7.89 million compared with...Read More »
In a recent letter to shareholders recapping Progressive’s second-quarter financial performance, President Glenn Renwick wrote that “disappointing” results were “well within our control.” The...Read More »
Allstate posted a huge turnaround in its second-quarter finances released Tuesday, earning a $423 million profit this quarter compared with losing $624 million in the same quarter last year. Much...Read More »
One of televised sports’ biggest events will also bring big developments in the insurance marketing arena as two insurers kick off new advertising campaigns featuring celebrity talent. Nationwide...Read More »