Progressive CEO on personal auto: 'Return to profit and return to growth, in that order'
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Progressive CEO on personal auto: 'Return to profit and return to growth, in that order'

Farhin Lilywala
May 03, 2022
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Progressive CEO Tricia Griffith has said that inflationary and severity trends are still impacting the personal auto segment and thus will contribute to when the company is able to reach rate adequacy and subsequently grow.

Speaking on a conference call with analysts, the chief executive noted that while the company has taken rate and non-rate actions to offset loss cost trends, “we still have more work to do to ensure all of our states...

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News Personal auto Personal lines Progressive
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Farhin Lilywala
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