Progressive Insurance will begin issuing credits to Florida personal auto policyholders after determining it exceeded the state’s statutory profit limit for the 2023-2025 accident year period. Florida law requires insurance carriers to return excess profits on a pro rata basis to policyholders when profits exceed the statutory limit. The insurer said it is issuing credits […]
State Farm and Progressive Reduce Auto Insurance Rates Auto Rate Decreases in Tennessee, Louisiana
State Farm announced personal auto insurance rate decreases in Tennessee and Progressive will is lowering rates in Louisiana, continuing a trend of declining rates driven by reduced claims frequency. State Farm reduced auto rates by more than 10% on average in Tennessee, that took effect Dec. 15 for new business and will take effect mid-January […]
Progressive Accident Response Feature Reaches 1.5 Million Users
Progressive Insurance reported that more than 1.5 million customers are using its Accident Response feature, a crash detection system developed in collaboration with Cambridge Mobile Telematics that automatically contacts drivers after collisions and can dispatch emergency services or towing. The feature, available at no charge through Progressive’s mobile app, launched in November 2024 for personal […]
Progressive Donates 100 Vehicles to Veterans in Annual Giveaway Program
Progressive Insurance will donate 100 vehicles to veterans and veteran-focused organizations Wednesday as part of its 13th annual Keys to Progress vehicle giveaway. The insurer will host more than 65 events across 47 states, distributing vehicles to veterans, their families, veteran-owned businesses and veteran organizations ahead of Veterans Day. Since launching the program in 2013, […]
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 […]
Progressive Reports Personal Auto Policies in Force Continue to Set New Records
Auto policies were up over 16% in August compared to last year. The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 26,099,000 in August, an increase of 3,689,100 or 16.5% from 22,409,900 in August 2024. The August total personal auto policies in force set another new record for the […]
Progressive Reports Personal Auto Policies in Force Set New Record in July
Auto policies were up by over 19% from July 2024. The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 25,902,000 in July, an increase of 3,893,700 or 17.7% from 22,008,300 in July 2024. The July total personal auto policies in force set another new record for the company, continuing […]
Progressive Reports Personal Auto Policies in Force Set New Record in June
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 Edges Out State Farm to Claim Lead in US Total Auto Premiums Written
Direct premiums written for private passenger and commercial auto insurance at Progressive up over 22%. Progressive Insurance Group ascended to the top of the U.S. total automobile insurance ranking list that combines private passenger and commercial insurance with a 16.4% market share in 2024, just edging out former No. 1 State Farm Group’s 16.2% market […]
Progressive Reports Personal Auto Policies in Force Up 21.7% in February Compared to 2024
Premiums written up 17% year-over-year in February. The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 24,345,000 in February 2025, an increase of 4,342,000 or 21.7% from 20,003,000 in February 2024. The February total personal auto policies in force set a new record for the company. The growth in […]