Progressive’s April CR deteriorates to 97.9% but core loss ratio beats expectations

Investors responded favourably after Progressive reported a 97.9 percent combined ratio for April, despite unfavourable personal auto development in Florida due to more claims being litigated and higher-than-anticipated severity.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 7834 843176

    andy.stone@wbmediagroup.com