Fake Deer-Collision Claim Results in South Carolina Fraud Charges January 28, 2025 First it was the fake bear insurance fraud that made headlines around the country. Now, it’s a fake deer that...
Progressive to End Offering Dwelling Fire Insurance November 13, 2024 By Chad Hemenway Progressive said it will stop offering dwelling fire insurance, with nonrenewal notices going out as early as Nov. 19. The...
Progressive Settles New York Case Over Unpaid Sales Taxes on Total Loss Claims July 10, 2024 By Andrew G. Simpson At the same time it is settling a New York class action about underpaying totaled loss claims for $48 million,...
Rate Hikes Not Bringing Profit to U.S. Auto Insurers: Fitch August 23, 2023 By Susanne Sclafane Jumps in rates and written premiums did little to move the needle on underwriting profits for U.S. personal auto insurers,...
Progressive Caps Its Worst Day Since 2000 After Results July 18, 2023 By Bre Bradham and Max Reyes Shares of Progressive Corp. fell the most since 2000 after the insurance company released second quarter results that missed analysts’...
Insurers Leery of Hyundais and Kias Famous on Social Media for Being Easy to Steal February 1, 2023 By Jim Sams Social media influencers and an insurance industry think tank are giving Hyundai and Kia vehicles the worst kind of publicity:...
Claims Business: Motive, Charles Taylor and One Inc. December 2, 2022 By Wells Media staff Progressive Partners with Motive to Curb Commercial Auto Claims Motive, a fleet management company formerly known as KeepTruckin, has announced...
Montana Supreme Voids UIM Exclusion For Motorcyles Owned By Policyholder November 12, 2021 By Jim Sams An insurer wrongly denied uninsured motorist coverage to a policyholder who was injured while riding his motorcycle even though the...
8th Circuit Finds No Ambiguity in Motorcycle Exclusion October 19, 2021 By Claims Journal staff The 8th Circuit Court of Appeal ruled Monday that there is no ambiguity in the term “owned motorcycle” and affirmed...
Business News: Progressive, Doan Group, Verisk, Penn National and One Inc. July 28, 2020 Progressive Adds ‘Road Test’ to Snapshot Progressive Group of Insurance Companies has released a new smart phone app that consumers...