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Best’s News & Research Service subscription required - November 02, 2022 04:46 PM (EDT)

Progressive CEO: Average Auto Rates Up 5% in 3Q, Inflation Pushes Loss Costs Higher

Progressive Corp. raised automobile insurance rates an average 5% in 20 states in the third quarter and year-to-date rates have risen nearly 12% countrywide, President and Chief Executive Officer . . .

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