Best's News Service via Bestwire - June 13, 2018 01:49 PM
Texas Storms Cause 46% of Progressive’s Estimated $52 Million in May Cat Losses
Texas wind and hailstorms accounted for about 46% of Progressive Corp.’s $52 million of catastrophe losses in May. Overall catastrophe losses declined from $102 million in May 2017. . . .
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CATASTROPHES, PROPERTY AND CASUALTY INSURERS, EARNINGS