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The Latest Breaking News from Progressive

3 Insurance Stocks With Resilient Underwriting and Profitability

As uncertainties rise, the insurance industry offers a shield of reliability. With economic recovery on the horizon and increasing demand for financial security, insurance stocks are poised for growth. Therefore, it could be wise to add fundamentally strong insurance stocks, such as Progressive Corp. (PGR), HCI Group (HCI), and Universal…

StockNews.com

Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits

Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are jacking up rates in response

The Independent UK

Insurance Stocks Do Just Fine Amid Harsh Weather

The property and casualty insurance industry picks up much of the tab for these catastrophes. As a result, the sector recorded a total of $50 billion in underwriting losses — that is, the gap between claims and premiums — in 2022 and 2023.

Kiplinger

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Here's What to Expect From Progressive's Next Earnings Report?

Progressive is all set to announce second-quarter results next week, and analysts are projecting a solid triple-digit earnings growth.

Barchart

7 Stocks' Profit Growth Will Blow Past Nvidia's This Quarter

Nvidia's profit is growing fast, but not the fastest in the S&P 500. Not by a long shot, say stock analysts.

Investors Business Daily

3 Momentum Stocks to Ride the Bull Market

Despite persistent fears around high interest rates, the economy continues to perform well thanks to strength in the labor market, steady consumer spending, and strong industrial production. Given bullish market trends, it could be wise to invest in fundamentally sound stocks Progressive Corporation (PGR), Energy Transfer (ET), and Williams Companies…

StockNews.com

Is Progressive Stock Outperforming the Nasdaq?

Progressive Corporation has outperformed the Nasdaq Composite in 2024, and analysts are optimistic about the stock’s future performance due to the auto insurer's steady returns and the consistent demand for insurance products.

Barchart

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Hello Alice notches a legal victory over anti-DEI lawsuit

A judge dismissed a lawsuit brought against Hello Alice and Progressive over a grant program for Black truck drivers.

Fortune

New Jersey's 'No Fault Insurance' Law Leaves Scooters In Limbo

New Jersey has a no fault insurance law that covers automobile users and pedestrians. Bicycles are included, but e-bikes and scooters aren't. It's a mess.

RideApart

Dow Jones Leader Microsoft, Magnificent Seven Stock Google Boast Rising Profit Estimates

Dow Jones software giant Microsoft, along with Google stock and Deckers, boast rising profit estimates in the stock market today.

Investors Business Daily

Electoral bonds vs Electoral Trusts | What are they and how do they differ?

Supreme Court directive reveals electoral bond scheme details, exposing massive BJP funding edge via trusts and bonds.

The Hindu

Obscure trust links India's top businesses with Modi's election war chest

Prudent Electoral Trust, largest donor to BJP, raises $272 million, sparking concerns over transparency in Indian political funding.

The Hindu

Progressive Stock Earns Membership In 95-Plus Composite Rating Club

Progressive saw an improvement in its IBD SmartSelect Composite Rating Tuesday, from 94 to 96.

Investors Business Daily

Warren Buffett’s Berkshire Hathaway Reports Record Cash Holdings And Strong Operating Profit

Berkshire Hathaway's Cash Holdings Reach Record High of $157 Billion as Operating Profit Soars.

Zenger

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Investors Business Daily

Warren Buffett's 'Favorite Child' Is Turning Into A Profit Driver Again

Berkshire Hathaway earnings showed one of Buffett's oldest investments is shining after a tough 2022.

Investors Business Daily

Investors Win Exciting Gains From This 'Boring' Industry

Insurance isn't exactly an industry that gets investors' pulses racing. But it's turning into a profitable place to hide out.

Investors Business Daily

Investors Scurry To Buy 14 Soaring Stocks As Market Sells Off

Don't assume that all S&P 500 stocks are struggling. A small group are actually thriving, thank you.

Investors Business Daily

Progressive Shows Rising Price Performance With Jump To 91 RS Rating

A Relative Strength Rating upgrade for Progressive shows improving technical performance.

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Investors Business Daily

PGR Stock Forecast: Big Hike For Progressive Insurance As Key Metric Surges

The insurer missed earnings estimates for the third quarter, but net premiums jumped. PGR stock soared.

Barchart

Progressive Delivers Nice Price Surprise: Time to Buy?

Progressive delivers healthy insurance results for July. Its share price is up more than 8% in Wednesday trading. It’s now recovered all of the stock losses from July. Don’t worry; it’s still a long-term buy.

Chicago Sun-Times

More evidence that car insurance pricing in Illinois is biased against the poor

A new study backs up a Sun-Times Watchdogs report and comes as rates across the state continue to skyrocket. The study found that bad credit means you pay more for car insurance.

Fortune

A look into ‘Barbie’s’ $150-million genius marketing campaign: None of us really knew what the movie was about, but we still went

Warner Bros. reportedly spent more on marketing 'Barbie' than on the movie itself.

Investors Business Daily

S&P 500: First Solar Soars As Solar Stocks Shine; Telecom Giants, Tesla Rival Tumble

First Solar and other solar stocks were big S&P 500 winners Monday. Verizon, AT&T and other telecoms sold off while Tesla rival Ford fell on price cuts.

Tribune News Service

Car insurance premiums based on job, education can ding low-wage workers

New Jersey resident Anna “Cuqui” Rivera, a high school graduate who works as a labor and civil rights activist and moonlights as a DJ, was paying almost $3,000 annually for auto insurance with one of the big companies. Now, she pays almost $2,000 less for coverage on her 2016 Jeep.

Tom’s Guide

YouTube TV is ruining one of its best features

One user online showed how YouTube TV's moment of zen feature isn't as serene as it once was.

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