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The Latest Breaking News from Progressive

Companies want battle-tested CFOs. There aren't enough of them

CFO retirements are surging, experienced replacements are scarce, and interim appointments are at an all-time high, new research finds.

Fortune

I'm a Berkshire Hathaway investor and I was wrong about Greg Abel. Here's why he's a better fit than Buffett right now

Berkshire's new CEO isn't Warren Buffett — and that's exactly what the company needs right now.

Fortune

Man Lowers His Car Insurance Rate. Then He Discovers That He’s Actually Breaking The Law: ‘Don’t Make The Same Mistake As Me’

Car insurance costs are painful right now, especially if you live in a big city or are a younger driver; your premiums could be through the roof.

Motor1

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Woman Calls Progressive Agent. Then She Realizes AI Bots Put In Her Car Insurance Information: ‘My Policy Went Down By $1,000’

A South Carolina TikToker says a Progressive customer service agent admitted, mid-call, that the company’s AI tools had quietly miscoded her occupation as “forest work” and that fixing it dropped her annual premium by $1,000.

Motor1

Are You Committing Insurance Fraud Without Realizing It?

More Americans commit insurance fraud than you might think, and many don't even know they're doing it.

Kiplinger

3 Insurance Stocks That Can Act as a New Inflation Hedge

Rising premiums are boosting insurers’ pricing power. These three insurance stocks could outperform as inflation remains elevated.

MarketBeat

The billion-dollar bet that turned insurance into entertainment

Four companies in one of America’s least glamorous industries solved one of its hardest business problems—by stopping talking about their product entirely.

Fortune

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Buy the Dip: These 3 Over-$100 Stocks Just Hit New 52-Week Lows

Among the 128 new 52-week lows on the NYSE on Tuesday, there were five with share prices of $100 or higher. Not all of them are worth buying on the dip. We rate three that could be.

Barchart

Looking to Insure Your Portfolio? Start With These 3 Stocks

Insurance stocks like Chubb, Progressive, and Arch Capital are attracting investors as steady premiums and rising investment income help stabilize portfolios.

MarketBeat

$15 billion of the insurance industry is at risk from AI, BofA says

BofA accused the insurance industry of clogging its ranks with tons of unnecessary salespeople, with a “snowball effect” about to start happening.

Fortune

Progressive Stock: Is PGR Underperforming the Financial Sector?

While Progressive has underperformed the broader financial sector over the past year, the analyst community maintains a tempered but positive outlook on the stock’s forward prospects.

Barchart

McKinsey studied 61 growth companies that outperformed their peers through COVID, inflation, and labor shocks. Here’s what they all had in common

Why companies like Walmart, JPMorgan Chase, and Progressive are still investing in growth when uncertainty is highest.

Fortune

How Warren Buffett’s Geico fell behind Progressive in the auto-insurance race

While Geico was investing in marketing and neglecting IT, its rival Progressive was investing in technology and gaining market share.

Fortune

80 percent of renters don’t have insurance. Experts explain why that’s a major mistake

Renters insurance can help cover the cost of replacing stolen or damaged items such as holiday gifts and electronics

The Independent UK

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Benzinga

'Big Short'-Fame Investor Steve Eisman Says 'Good Time To Buy' This 'Pretty Inexpensive' Insurance Stock: 'You Will Make Money Over Time'

Investor Steve Eisman, known for his role in the 2015 movie “The Big Short,” is backing a major insurance stock he believes is undervalued at current levels.

Barchart

Are Wall Street Analysts Predicting Progressive Stock Will Climb or Sink?

Insurance giant Progressive has notably underperformed the broader market over the past year, yet analysts remain cautiously optimistic about the stock’s prospects.

Barchart

Three NYSE Stocks at 52-Week Lows That Look Worth a Closer Look

Fifty NYSE stocks hit new 52-week lows on Tuesday compared to 114 52-week highs. With the cyclically adjusted price-earnings multiple (CAPE) above 40 for only the second time in the past 25 years, these three stocks look promising.

Benzinga

These Analysts Revise Their Forecasts On Progressive After Q3 Earnings

The Progressive Corporation (NYSE:PGR) reported weaker-than-expected earnings for the third quarter on Wednesday.

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news in one place.

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Barchart

S&P Futures Climb on Fed Rate-Cut Optimism, More Big Bank Earnings on Tap

December S&P 500 E-Mini futures (ESZ25) are trending up +0.63% this morning amid optimism over Federal Reserve interest-rate cuts following dovish comments from Fed Chair Jerome Powell, while investors await quarterly reports from more big banks.

MarketBeat

Why Insurance Stocks May Struggle Despite Strong Highs

Insurance stocks are near record highs, but climate risks and looming rate cuts could pressure margins and challenge the sector’s defensive reputation

Benzinga

This Progressive Analyst Is No Longer Bullish; Here Are Top 3 Downgrades For Thursday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

Fortune

Why Progressive's CEO thinks a little paranoia keeps leaders sharp

Progressive CEO Tricia Griffith argues that some paranoia is a leadership strength, not a flaw.

The Mary Sue

Ohio hotel worker gets to parking lot to leave. Then she sobs after seeing what Dollar General semi-truck driver did to her car

One of the worst fears of any car owner is that you’ll come back to where you parked your vehicle, only to find that someone has smashed into it.

Benzinga

These Analysts Slash Their Forecasts On Progressive After Q2 Results

The Progressive Corporation (NYSE:PGR) reported mixed results for the second quarter on Wednesday.

Benzinga

Progressive Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

The Progressive Corporation (NYSE:PGR) will release earnings results for the second quarter, before the opening bell on Wednesday, July 16.

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