Top Personal Lines Stories
Catastrophe Losses Drop Progressive’s August Profit 66%
By Mark E. RuquetCatastrophe losses in August ate into Progressives earnings for the month, as it announced net income dropped 66 percent, the company says.
News and information for property & casualty insurance agents & brokers on personal lines insurance, including homeowners insurance, flood insurance, earthquake insurance, renters insurance, automobile insurance, life insurance, disability insurance, umbrella insurance and health insurance. These insurance products protect individuals and families against potentially crushing financial losses caused by fire, theft, natural disasters, death, accidents, lawsuits and illness.
Catastrophe losses in August ate into Progressives earnings for the month, as it announced net income dropped 66 percent, the company says.
As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely property casualty news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.