Progressive reported solid January results, but its stock still under performed the market by ~3% on the day as it became the latest to face the pressures of meeting elevated expectations in auto.
Argo announced the widely expected permanent appointment of Kevin Rehnberg to the CEO position. It also announced that former Allied World CFO Tom Bradley had been made chairman of the board.
AIG followed an encouraging Q4 print with 2020 guidance that disappointed investors, appearing to push out its expected earnings recovery further into 2021.
