This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

Best's News

Best’s News & Research Service subscription required - June 02, 2022 02:26 PM (EDT)

Progressive Suspends Writing Homeowners Policies in Six Florida Counties

Progressive Corp. said it is halting the writing of new homeowners insurance policies in the troubled Florida market. . . .

-- This content requires a subscription --

Already a subscriber?

Log in Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

BestDay
Best's News
Best's Review
Best's Research
Best's Special Reports & Commentaries
Best's Rankings
and more...

Florida Insurance Underwriting Homeowners Policies

Reprints & Redistribution

Latest News

FLOOD INSURANCE
States and Louisiana Local Governments Sue Feds Over ‘Cruel’ Risk Rating 2.0
Jun 02, 2023 04:38 PM (EDT)

HURRICANES
Acrisure Re Forecasts Near-Normal, but Uncertain Hurricane Season
Jun 02, 2023 04:31 PM (EDT)

BEST'S CREDIT RATING ACTION
AM Best Takes Various Credit Rating Actions on Certain Insurance Companies Managed by Privilege Underwriters, Inc.
Jun 02, 2023 04:18 PM (EDT)

FLORIDA
Best’s News: Florida Citizens to Pay $4.8 Million to Open Line of Credit
Jun 02, 2023 04:12 PM (EDT)

HEALTH INSURERS
Friday Health Plans Going Under After States Take Regulatory Control
Jun 02, 2023 04:04 PM (EDT)

More from Best’s News

Trending

1

MERGERS AND ACQUISITIONS
Domestic & General to Acquire Warranty Insurer After Inc. for $75 Million
Jun 02, 2023 10:33 AM (EDT)

2

REINSURANCE
Enstar Completes $238.5 Million Loss Portfolio Transfer Deal With Australian Auto Insurer RACQ
Jun 02, 2023 10:04 AM (EDT)

3

BEST'S CREDIT RATING ACTION
AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Unified Life Insurance Company
Jun 02, 2023 09:13 AM (EDT)

4

RENEWAL
Howden Tiger: June 1 Renewals See Average Property Catastrophe Prices Rise 33%
Jun 01, 2023 02:27 PM (EDT)

5

REINSURANCE
HCI Places June 1 Reinsurance Program Covering $2.41 Billion of Catastrophe Exposure
Jun 01, 2023 02:07 PM (EDT)

1

PROPERTY AND CASUALTY INSURERS
APCIA: Prop 103 Contributes to State Farm’s California Property Insurance Freeze
May 30, 2023 03:36 PM (EDT)

2

CONFERENCES
Church Mutual CEO: Churches Are Particularly Vulnerable to Natural Catastrophes
May 26, 2023 12:43 PM (EDT)

3

CAPTIVE INSURANCE
New Delaware Captive Director Says He Plans a More-Streamlined, Modernized Process
May 26, 2023 12:34 PM (EDT)

4

ANNUITIES
LIMRA: Annuities Sales to Hover Around Record Levels for Next Several Years
May 26, 2023 11:19 AM (EDT)

5

HEALTH INSURANCE
Insurtech Benefytt Files for Bankruptcy After FTC Socks Company With $100 Million Fine for ‘Sham’ Insurance
May 25, 2023 04:40 PM (EDT)

1

HEALTH INSURANCE
Insurtech Benefytt Files for Bankruptcy After FTC Socks Company With $100 Million Fine for ‘Sham’ Insurance
May 25, 2023 04:40 PM (EDT)

2

STATE LEGISLATION
Massachusetts Proposal Would Eliminate ZIP Code From Auto Rate Formula
May 10, 2023 04:27 PM (EDT)

3

EARNINGS
Vice Chairman: Hard Property Cat Reinsurance Market Tempts Berkshire Hathaway to Take on Billions in Florida Exposure
May 07, 2023 08:41 PM (EDT)

4

EARNINGS
AIG Posts Sharply Lower First-Quarter Net Income on Fund and Derivative Losses
May 04, 2023 05:34 PM (EDT)

5

PROPERTY AND CASUALTY INSURERS
Allstate Tumbles to a First-Quarter Net Loss on Higher Catastrophes
May 03, 2023 05:40 PM (EDT)

1

EARNINGS
Vice Chairman: Hard Property Cat Reinsurance Market Tempts Berkshire Hathaway to Take on Billions in Florida Exposure
May 07, 2023 08:41 PM (EDT)

2

EARNINGS
AIG Posts Sharply Lower First-Quarter Net Income on Fund and Derivative Losses
May 04, 2023 05:34 PM (EDT)

3

PROPERTY AND CASUALTY INSURERS
Allstate Tumbles to a First-Quarter Net Loss on Higher Catastrophes
May 03, 2023 05:40 PM (EDT)

4

EARNINGS
USAA Reports $1.28 Billion Annual Net Loss, CEO Cites ‘Perfect Storm’
May 02, 2023 04:14 PM (EDT)

5

CATASTROPHES
Allstate Estimates $1.17 Billion in March Pretax Catastrophe Losses
Apr 20, 2023 10:55 AM (EDT)

AM Best TV

Related Companies

AMB#	Company Name
058454	Progressive Corporation

BEST'S CREDIT RATING ACTION
AM Best Assigns Issue Credit Rating to The Progressive Corporation’s Senior Unsecured Notes
May 25, 2023 10:14 AM (EDT)

LOSSES
Progressive: More Litigated Auto Claims in Florida Contribute to Unfavorable Reserve Development
May 17, 2023 04:37 PM (EDT)

RATES
Florida Carriers Continue Overlapping Rate Hikes Driven by Reinsurance Costs
May 05, 2023 11:41 AM (EDT)

EARNINGS
Progressive CEO: Growth Over Past Year Equates to Size of a Top-10 Carrier
May 03, 2023 02:53 PM (EDT)

EARNINGS
Progressive First-Quarter Net Income Rises 43% on Investment Gains
Apr 13, 2023 12:07 PM (EDT)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html