Progressive News

The Progressive Corporation today reported the following results for May 2005: (dollars in millions, except per May May Change share amounts)2005        2004------------ ------------ -----------Net premiums written------------ ------------ ----------- $1,070.9 $1,054.4 2% Net premiums earned------------ ------------ ----------- 1,062.5 998.2 6% Net income------------ ---...

Progressive Casualty Insurance Company and other affiliated companies (Progressive) have filed suit in federal court against Alivio Chiropractic Clinic, Inc., located in Robbinsdale, and individuals associated with it, including a chiropractor and an attorney. The suit alleges that Alivio Chiropractic Clinic, chiropractor Joshua Anderson, St. Paul attorney Mark Karney, massage therapist Andrea Bongart, and office manager Alexis Aguilar conspired to commit fraud by, among other things, charg...

They're often smaller than an inch in diameter and rarely fall for more than 15 minutes in any one location, but hail still manages to cause more than $1 billion in damage to property and crops in the United States each year. The risk of hail denting cars and breaking windshields is especially great during the spring and summer - and especially for people who live in "Hail Alley," a string of southern and central Plains states prone to damaging hailstorms. "Hailstorms are difficult to forec...

Fitch Ratings has affirmed the 'A+' long-term issuer and senior debt ratings of the Progressive Corporation (NYSE:PGR). The ratings on approximately $1.3 billion of senior debt are affected. Fitch has also affirmed the 'AA+' insurer financial strength ratings of the 24 pooled and reinsured members of the Progressive Group of Insurance Companies. The group represents substantially all of the personal automobile insurance operations of Progressive. The Rating Outlook is Stable. The ratings an...

Several subsidiaries of The Progressive Group of Insurance Companies (Progressive) (NYSE:PGR) today filed suit against the owners and operators of All-Care Chiropractic P.C., a Philadelphia-based medical provider that the companies allege has been carrying out schemes in Pennsylvania designed to defraud them since 2001. The suit, filed in Philadelphia federal court, alleges that All-Care owners and operators, Richard Walinsky and Eileen Means, conspired to commit fraud by, among other things,...