David Goyco says he was like a bicyclist when he was injured while riding his low-speed electric scooter and hit by a car. Thus, he contends, he is entitled to personal injury protection (PIP) benefits from his auto insurer, Progressive …
When he’s not managing a $14 billion stock portfolio for Warren Buffett, Todd Combs will now also be running the second-biggest U.S. auto insurer. Berkshire Hathaway Inc. tapped one of its two key investing deputies to replace Bill Roberts as …
Specialty insurance products sold to classic car collectors must include coverage for damages caused by uninsured motorists — even if the owner is driving a vehicle not covered by the policy, the Florida Supreme Court ruled. All five justices who …
Allstate Corp., the largest publicly traded U.S. car and home insurer, said third-quarter profit slipped 17 percent as claims rose and policy growth slowed in the automobile-coverage business. Net income decreased to $650 million, or $1.54 a share, from $781 …
Ohio-based Progressive Insurance Company is set to hire more than 1100 employees at five locations throughout the United States. Helping to boost the economy, Progressive car insurance expects to fill positions in the following states: Austin, Texas – 185 positions …
A Florida rental car customer’s auto insurer must cover crash injuries, even though the driver was someone not authorized under the rental car company’s contact. In a 5-2 opinion on Nov. 23, the Florida Supreme Court overturned a district court …
Tornadoes and thunderstorms in the South and Midwest made the 2011 second quarter tumultuous for U.S. property writers. The industry loss ratio, before consideration of reinsurance, climbed to 70.6 percent, marking the industry’s second worst performance since 2001 and far …