logo
  

Progressive Corp. Slips To Slight Loss In August - Quick Facts

Insurer Progressive Corp. (PGR) reported Friday a net loss for the month of August of $6.6 million or $0.02 per share, compared to net income of $487.4 million or $0.83 per share in the prior-year month.

Meanwhile, net premiums written for the month grew 13 percent to $3.89 billion from $3.44 billion last year. Net premiums earned also increased 14 percent to $3.51 billion from last year's $3.09 billion.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Kraft Heinz is recalling around 5,760 cases of Capri Sun Wild Cherry Flavored Juice Drink Blend beverages due to potential for chemical contaminants, the U.S. Food and Drug Administration said. The recall involves 6.6 FL OZ Capri Sun Wild Cherry Flavored Juice Drink Blend in individual foil pouches packed in paperboard cartons. Delta Air Lines is set to resume flights on its routes between the U.S. and Japan from October 30, 2002 in anticipation of easing of COVID-19-related travel restrictions, which were put in place two years ago. The airline joins American Airlines and United Airlines, who have reportedly announced the resumption of flights to Japan. Tech major Apple Inc. has asked corporate employees to return to offices at least three days a week by September 5, Bloomberg reported. The latest deadline was issued following several delays to its previous deadlines amid a resurgence in COVID-19 cases. As per the report, the company will require employees to work from offices on Tuesdays, Thursdays and a regular third day to be determined by...
RELATED NEWS
Follow RTT