Total personal auto policies in force exceeded 19 million. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,168,400 in March, an increase of 11% from March 2022. Agency personal auto insurance policies were 8,172,900, up 5% from 2022 and direct policies in force were 10,995,500, up 15% versus March […]
Allstate Receives Private Passenger Auto Physical Damage Rate Increase in California
The increase is the first for Allstate in nearly five years and first for the industry in more than two years since the start of the pandemic. On October 30, the California Department of Insurance (CDI) approved Allstate’s request for a 6.9% increase in its personal auto liability and physical damage rates. The CDI has […]
Toyota Teams up with Progressive Insurance on Usage Based Insurance
Progressive Insurance and Toyota Insurance Management Solutions (TIMS) are partnering to provide owners of connected Toyota vehicles with an opportunity to seek insurance discounts from Progressive. Toyota owners who consent to share driving data from vehicles equipped with Toyota data communication modules will have the opportunity to share their information with Progressive for a potential […]
Progressive Plans to Hire More Than 10,000 in 2019
Progressive Insurance announced it expects to hire more than 10,000 people in the coming year to support its growth. The company has grown more than 50 percent in the last three years to $30 billion in revenue for 2018. Positions the company will offer include IT and analyst roles, corporate functions, customer care and claims […]