Best's News

Progressive Reaches $48 Million Settlement Over Undervalued Auto Losses in New York

Progressive Casualty Insurance Co. has reached a $48 million settlement with 93,000 policyholders in New York who accused the insurer of underpaying on total automobile losses, according to a . . .

-- This content requires registration --

Already registered?

Login

Not registered?

Register for free

Settlements (Litigation) New York Personal Automobile Insurance


Latest News

BEST'S CREDIT RATING ACTION
AM Best Issues Correction to Issue Credit Rating on Teachers Insurance and Annuity Association of America’s Surplus Notes
Jun 12, 2026 04:34 PM (EDT)
LOSSES
Aon Estimates Billions in Losses as Severe June Storms Leave Mark on US, Canada
Jun 12, 2026 04:23 PM (EDT)
CYBER LIABILITY
Best's News: Best’s Rankings Finds Beazley Leaps to No. 2 in Stand-Alone Cyber Ranking
Jun 12, 2026 04:19 PM (EDT)
CALIFORNIA
Kim Emerges With Early Edge in California Insurance Commissioner Race
Jun 12, 2026 03:39 PM (EDT)
REGULATION
Bermuda Monetary Authority Registered Three New Insurers in May
Jun 12, 2026 02:24 PM (EDT)

More from Best’s News


Trending

1
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Skyward Specialty Insurance Group’s Members
Aug 14, 2025 10:54 AM (EDT)
2
STRATEGY
Zurich CEO: Global Specialty Prospects Ideal Amid Current Uncertainty
Nov 19, 2025 11:03 AM (EST)
3
MERGERS AND ACQUISITIONS
Symetra Strikes Deal to Acquire Life & Disability Business of Dearborn Group
Jul 01, 2025 12:52 PM (EDT)
4
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Members of Spinnaker Insurance Group
Jan 28, 2026 04:04 PM (EST)
5
INITIAL PUBLIC OFFERINGS
Florida-Based Safepoint Plans IPO, Cites Position Amid 'Increasingly Dislocated' Property Market
May 26, 2026 01:54 PM (EDT)

    

1
GEORGIA
Georgia Commissioner Race Gains Clarity as Democrat Field Emerges
Mar 16, 2026 09:10 AM (EDT)
2
EARNINGS
AIG Posts Lower Fourth-Quarter Profit on Corebridge, Travel Divestiture
Feb 10, 2026 05:09 PM (EST)
3
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Members of Spinnaker Insurance Group
Jan 28, 2026 04:04 PM (EST)
4
STRATEGY
Zurich CEO: Global Specialty Prospects Ideal Amid Current Uncertainty
Nov 19, 2025 11:03 AM (EST)
5
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Skyward Specialty Insurance Group’s Members
Aug 14, 2025 10:54 AM (EDT)