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Axalta Reports $1.3 Billion in Second Quarter Sales

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Adjusted EBITDA sets new quarterly record. Axalta Coating Systems Ltd. (NYSE: AXTA) reported net sales of $1.3 billion for the quarter ended June 30, down 3% year-over-year, primarily due to volume declines in its Performance Coatings segment that more than offset contributions from the CoverFlexx acquisition and favorable currency translation. Net income decreased by 3% […]

PPG Reports Q2 Sales of $4.2 Billion

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Company maintains full-year guidance despite 1% revenue decline during quarter. North American refinish organic sales flat. PPG Industries Inc. (NYSE: PPG) reported second-quarter net sales of $4.2 billion, down 1% from the prior year, as strong performance in performance coatings was offset by weakness in architectural markets and the impact of business divestitures. The Pittsburgh-based […]

Progressive Reports Personal Auto Policies in Force Set New Record in June

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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

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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 […]

Axalta Reports First Quarter Sales of $1.26 Billion

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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

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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

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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 […]

Travelers Insurance Reports Improved First Quarter Personal Auto Performance as Combined Ratio Declines

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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 […]

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