By his own admission Progressive Insurance CEO Glenn Renwick (and his company) may not be right about the impact certain macro trends will have on the insurance industry, but in his view “it’s important to have some views.” Addressing an …
Progressive Corp., the fourth-largest U.S. auto insurer, said second-quarter profit rose 24 percent after an acquisition that pushed the company into homeowners coverage. Net income climbed to $363.3 million, or 62 cents a share, from $293.4 million, or 49 cents, …
Auto insurance giant Progressive Insurance is enhancing its homeowners insurance offerings by acquiring controlling interest in a Florida-based group of insurers now selling homeowners, renters, condo, umbrella, flood and other property/casualty coverages in about half the states nationwide. The Progressive …
Progressive Corp. said its technology that tracks driver behavior to set insurance rates will help the company adapt as automated cars take the road. The auto insurer offers a device called Snapshot, which plugs into a vehicle and monitors habits …
225 The weight of a 61-year-old Bloomfield Hills, Mich., man who is suing his former employer, claiming he was fired from a $75,000-a-year salesman’s job because of his waistline. The employer says Patrick J. Ronayne was let go because of …
The chief executive of Ohio-based auto insurer Progressive Corp. received 8.8 percent less compensation in 2008 mainly because he declined to accept a performance-related bonus, as investment losses led to the company’s first annual loss in 26 years. Glenn Renwick, …
Since the March 10 issue of Insurance Journal puts the spotlight on agency salaries (Who’s Worth What? Insurance Journal’s Annual Agency Salary Survey), it’s only fair that the compensation of corporate CEOs come in for some scrutiny as well. No, …
Since this issue of Insurance Journal puts the spotlight on agency salaries, it’s only fair that the compensation of corporate CEOs come in for some scrutiny as well. No, we’re not going on a paycheck hunt, even though the information …
Since this issue of Insurance Journal puts the spotlight on agency salaries, it’s only fair that the compensation of corporate CEOs come in for some scrutiny as well. No, we’re not going on a paycheck hunt, even though the information …
Since this issue of Insurance Journal puts the spotlight on agency salaries, it’s only fair that the compensation of corporate CEOs come in for some scrutiny as well. No, we’re not going on a paycheck hunt, even though the information …
