Progressive Q1 Results Reflect ‘Significant Impact’ from Coronavirus, Restrictions

Share!

Insurance Journal - May 07, 2020

The Progressive Corp. said its results for the first quarter were “significantly impacted” by the spread of the coronavirus and social distancing and shelter-in-place restrictions. Despite a 30% increase in underwriting income, Progressive’s consolidated net income —$692.7 million— is a …...

Read Full Article

Recommended Articles

People Moves: AXA XL Promotes Riha as Chief Client & Distribution Officer, APAC/Europe

Posted: May 17, 2024

AXA XL Promotes Riha as Chief Client & Distribution Officer, APAC & Europe AXA XL announced...

Security First Touts 5% Rate Decrease for HO-3, Renters Policies in Florida

Posted: May 17, 2024

Citing the stabilizing impact that legislative reforms have had on the Florida market, Security Firs...

Kansas Governor Cites Competition Concerns While Vetoing Bill for School Gun-Detection Technology

Posted: May 17, 2024

Kansas Gov. Laura Kelly vetoed a measure Wednesday that could have earmarked up to $5 million for gu...