Auto policies were up over 19% from June 2024. Quarter ending combined ratio down nearly 6 points year-over-year. The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 25,668,000 in June, an increase of 4,126,400 or 19.2% from 21,541,600 in June 2024. The June total personal auto policies in force […]
Progressive Reports Personal Auto Policies in Force Up 19.7% in May Compared to 2024
Premiums written up 11% year-over-year. The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 25,430,000 in May 2025, an increase of 4,177,900 or 19.7% from 21,252,100 in May 2024. The May total personal auto policies in force set a new record for the company. The growth in Progressive’s policies […]
Boyd Group Reports Sales of $778.3 Million in First Quarter
Same store sales down 2.8% during quarter year-over-year. Boyd Group Services Inc. (TSE: BYD) today announced sales of $778.3 million for the first quarter ended March 31, down 1.0% from $786.5 million in the same period of 2024. Same-store sales declined 2.8% compared to 2024. The first quarter of 2025 had one less selling and […]
Axalta Reports First Quarter Sales of $1.26 Billion
Axalta Coating Systems Ltd. (NYSE:AXTA) reported net sales decreased 3% year-over-year to $1.26 billion in the first quarter of 2025, inclusive of a 3% headwind from foreign currency translation. Contributions from the CoverFlexx acquisition and favorable price-mix were offset by volume declines primarily in Performance Coatings. Net income increased by 154% year over year to […]
GEICO Reports $11.5 Billion Premiums Written in First Quarter
Written premiums up over 6%. Collision claims frequency down 6-9 percent in quarter compared to 2024. Berkshire Hathaway reported its 2024 earnings on May 3, providing details on its GEICO subsidiary—the third-largest private passenger auto insurer in the U.S. GEICO’s pre-tax underwriting earnings climbed to $2.173 billion in the first quarter of 2025, up $245 […]
CCC Reports Revenue of $251.6 Million in First Quarter
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) today reported total revenue was $251.6 million for the first quarter ended March 31, an increase of 11% from $227.2 million for the first quarter of 2024. “CCC delivered strong first quarter results, highlighted by 11% year-over-year revenue growth and adjusted EBITDA margin of 39% – both above […]
LKQ Corporation Reports Revenue of $3.5 Billion in First Quarter
LKQ Corporation (NASDAQ: LKQ) today reported revenue for the first quarter of 2025 was $3.5 billion, a decrease of 6.5% compared to $3.7 billion for the first quarter of 2024. Parts and services organic revenue decreased 4.3%, or a 3.1% decrease on a per day basis. The net impact of acquisitions and divestitures decreased revenue […]
Travelers Insurance Reports Improved First Quarter Personal Auto Performance as Combined Ratio Declines
Travelers Insurance delivered improved results in its personal auto insurance segment for the first quarter of 2025, achieving a combined ratio of 83.4%, a significant 11.2-point improvement from 94.6% in the same period last year. The underlying combined ratio, which excludes catastrophes and prior year reserve development, showed a substantial 7.4-point improvement to 87.5% from […]
Progressive Reports Personal Auto Policies in Force Up 21.9% in March Compared to 2024
Premiums written up 17% year-over-year in March. The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 24,917,000 in March 2025, an increase of 4,468,700 or 21.9% from 20,448,000 in March 2024. The March total personal auto policies in force set a new record for the company. The growth in […]
U.S. Property Casualty Insurance Industry Reports $170 Billion Net Income in 2024
Verisk and APCIA report that investment gains and pricing in 2024 offset some impacts driven by severe catastrophic events. Verisk (NASDAQ: VRSK), the global data analytics and technology provider, and The American Property Casualty Insurance Association (APCIA), the primary national trade association for home, auto and business insurers, reported full-year 2024 net income for the […]
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