While up year-over-year, the personal auto policy count declined compared to the previous month for the first time since late 2023. The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 28,195,000 in September 2026, an increase of 1,946,000, or 7.4%, from 26,249,000 in September 2025. September extended the moderation […]
Auto Insurance Shopping Growth Slows in Second Quarter as Exclusive Agents Retake Channel Lead
Nearly half of all policies in force were shopped in the previous 12 months even as year-over-year growth cooled to 1.4%. U.S. auto insurance shopping grew 1.4% year over year in the second quarter of 2026 and new policy growth eased to 3.3%, according to data released Aug. 17 by LexisNexis Risk Solutions. Both slowed […]
Progressive Says It Has Become the Largest U.S. Personal Auto Writer
The company says it captured roughly 75% of industry premium growth in 2025 and is now cutting rates across states representing 63% of its premium base as claim frequency declines. The Progressive Corporation (NYSE: PGR) has become the largest writer of U.S. personal auto insurance measured by trailing 12-month direct premiums written, Personal Lines President […]
Progressive Reports Personal Auto Policies in Force Up 8.8% in June Compared to 2025
Total policies in force top 40 million for the first time as June net income falls 31% on investment losses and a higher combined ratio. The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 27,932,000 in June 2026, an increase of 2,264,000 or 8.8% from 25,668,000 in June 2025. […]
Progressive Reports Personal Auto Policies in Force Up 10.2% in April Compared to 2025
Net premiums written up 6% year over year as combined ratio deteriorates 5.3 points on spring storm losses. The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 27,753,000 in April 2026, an increase of 2,569,000 or 10.2% from 25,184,000 in April 2025. The April figures show personal auto policy […]
Distracted Driving, Bodily Injury and Policy Shopping Reshape Auto Insurance Risk
LexisNexis annual U.S. auto insurance trend report says insurance cost figuring more prominently in auto purchase decisions. LexisNexis Risk Solutions on May 19 released its 2026 U.S. Auto Insurance Trends Report, which aggregates and analyzes market data from prior years on driving behavior, policy shopping, rate impacts, vehicle mix and claims outcomes. The annual report […]
Auto Insurance Shopping Cools in First Quarter as Rate Decreases Spread
Shopping activity turned negative in March even as 47.3% of policies were shopped within the previous year — the highest rate since LexisNexis began tracking in 2020. U.S. auto insurance shopping grew 3.2% year over year in the first quarter of 2026 and new policy growth slowed to 3.6%, according to data released May 12 […]
Allstate Auto Insurance Underwriting Income More Than Doubles to $1.7 Billion in First Quarter
Market share increased in the quarter year-over-year. The Allstate Corp.’s auto insurance business posted underwriting income of $1.73 billion in the first quarter of 2026, up from $816 million in the prior year quarter, as the recorded combined ratio improved 9.4 points to 81.9 and policies in force grew 2.6%. Premiums written were essentially flat […]
Allstate Reports $10.2 Billion Net Income for 2025
Auto policies in force up compared to previous year. The Allstate Corporation reported fourth-quarter net income of $3.8 billion and full-year net income of $10.2 billion for 2025, more than doubling its 2024 performance while simultaneously reducing premiums for millions of auto insurance customers. The insurer reported total revenues of $17.3 billion in the fourth […]
Progressive Reports Personal Auto Policies in Force Up Over 15% in September Compared to Last Year
Auto policies in force set another new record. Combined ratio up year over year. The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 26,299,000 in September, an increase of 3,445,600 or 15.1% from 22,803,500 in September 2024. The September total personal auto policies in force set another new record […]