With its personal lines business benefiting from the impact of rate increases earning into the book, and ...
Progressive out front on commercial auto rate hikes in Q1 2023
The Progressive Corp. continued to increase commercial auto insurance rates during the first quarter of 2023, according to an S&P Global Market Intelligence...
The Progressive Corp. continued to increase commercial auto insurance rates during the first quarter of 2023, according to an S&P Global Market Intelligence...
Article / 11 months ago
Insurtech Root's private auto combined ratio tops 200% for 2nd straight year
Although it raised rates and slashed expenses in 2022, insurance technology company Root Inc. recorded a combined ratio well in excess of 200% in its...
Although it raised rates and slashed expenses in 2022, insurance technology company Root Inc. recorded a combined ratio well in excess of 200% in its...
Article / 11 months ago
US property and casualty insurers' earnings ride on management of personal auto
Most of the largest publicly traded US property and casualty insurers are set to book sequential and year-over-year increases in revenues in the...
Most of the largest publicly traded US property and casualty insurers are set to book sequential and year-over-year increases in revenues in the...
Article / 1 year ago
US P&C Q4'22 earnings recap – Auto losses deal heavy blow to Allstate
While the final quarter of 2022 was rough for many property and casualty insurers, The Allstate Corp. particularly took it on the chin....
While the final quarter of 2022 was rough for many property and casualty insurers, The Allstate Corp. particularly took it on the chin....
Article / 1 year ago
Cloud hangs over personal auto carriers after Allstate's Q4'22 earnings preview
A disappointing preannounced report from The Allstate Corp. paints a potentially gloomy picture for other personal auto insurers as P&C carriers prepare for their...
A disappointing preannounced report from The Allstate Corp. paints a potentially gloomy picture for other personal auto insurers as P&C carriers prepare for their...
Article / 1 year ago
US commercial auto liability premiums flat in Q3 as wider sector nears $14B
U.S. commercial auto liability insurance premiums remained relatively flat in the third quarter, posting a decrease of less than half a percentage...
U.S. commercial auto liability insurance premiums remained relatively flat in the third quarter, posting a decrease of less than half a percentage...
Article / 1 year ago
Underwriting profitability remains elusive for auto insurtechs
Inflationary pressures and driving habits returning to pre-pandemic levels have aggravated underwriting losses for several private auto insurance technology companies....
Inflationary pressures and driving habits returning to pre-pandemic levels have aggravated underwriting losses for several private auto insurance technology companies....
Article / 2 years ago
Commercial auto insurers see highest premiums, lowest combined ratio since '17
Progressive remains the dominant player in commercial auto with the highest premiums and growth rate, to go along with the second-lowest combined ratio among the top 20 companies in the sector...
Progressive remains the dominant player in commercial auto with the highest premiums and growth rate, to go along with the second-lowest combined ratio among the top 20 companies in the sector...
Article / 2 years ago
Progressive keeps lead as commercial auto insurers see premium gains in Q3
Progressive saw its direct written premiums grow 32% in the third quarter, the third highest among the top 20 commercial auto liability insurers include...
Progressive saw its direct written premiums grow 32% in the third quarter, the third highest among the top 20 commercial auto liability insurers include...
Article / 2 years ago
Metromile, Root further encroaching on traditional auto underwriters' turf
The full-stack personal auto insurance companies are looking to expand their customer reach by allowing independent insurance...
The full-stack personal auto insurance companies are looking to expand their customer reach by allowing independent insurance...
Article / 2 years ago
