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Progressive Corp. second-quarter net income dropped 56% to $790.1 million as personal automobile claims frequency rose sharply in a reopened economy.
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Allstate Corp. said it incurred estimated pretax catastrophe losses of $195 million in June and $752 million, after tax, for the second quarter.
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AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the Financial Strength Rating
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Deerfield, Ill.-based insurance and wealth management firm, Alera Group, has acquired AGM Benefit Solutions, a provider of voluntary benefits, enroll
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An Arkansas healthcare provider charged with firing older workers with driving responsibilities because of their age will pay more than $52,000 to se
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A grand jury in Ohio’s Mahoning County on July 6 indicted seven people accused of taking part in a criminal enterprise that burned buildings an
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State officials on July 13 added 59 deaths to the toll wrought by the Feb. 14 cold wave and the ensuing collapse of the Texas electric power grid. Th
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The Citizens Property Insurance Corporation’s Board of Governors approved rate adjustments that will raise average premiums by an additional 2.
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