Progressive
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The company experienced unfavorable reserve development of 2.6 points during the quarter, with 85% attributed to auto and 20% to commercial auto.
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InsurTech carriers pivot to profitability vs growth.
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Inside P&C’s news team runs you through the key highlights of the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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In March, there were 280,000 civil lawsuits filed in Florida industry-wide, up nearly 130% since the all-time high of May 2021.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Progressive booked a $621.2mn adverse development, compared with a $190.8mn reserve charge in Q1 2022.
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Travelers posts strong results boosted by better pricing, personal lines performance, and favorable development.
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Inside P&C’s news team runs you through the key highlights of the week.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
Although year-over-year headline CPI has decreased a bit, CPI levels pertaining to insurance are on the rise.
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