The Digest #185
Capital Allocation, Progressive's strategy, Reading plans, Damodaran's free courses, Looking back at Alibaba's IPO, Chris Davis, Outsider CEOs, Shareholder activists, Oprah ...
Insurance Loss Reserve Estimates
The ability to accurately estimate loss reserves is a core competency for any well-run insurance company. Progressive provides a useful case study in loss reserving practices ...
The Progressive Corporation
This profile examines the third largest private passenger auto insurer in the United States with a focus on its rivalry with Berkshire Hathaway's GEICO subsidiary ...
Auto Insurance Competitive Dynamics
“With the price advantage GEICO’s low costs allow, it’s not surprising that several years ago the company seized the number two spot in auto insurance from Allstate. GEICO is also gaining ground on State Farm, though it is still far ...
What Does Buffett’s Valuation of GEICO Imply for Progressive?
In this article, we will take a look at comments made in Warren Buffett's 2010 annual letter regarding GEICO's valuation and examine potential implications for the intrinsic value of Progressive, GEICO's most fierce competitor. Read this article for more details ...
Progressive Offers Discount Based on Driver Monitoring
Progressive has introduced a new discount program designed to offer lower auto insurance premiums to drivers who have favorable risk profiles. The idea of offering discounts to drivers who do not use their cars for commuting or drive very rarely ...
GEICO vs. Progressive: Selected Ten Year Metrics
Today, I reviewed Value Line's latest coverage of the Property/Casualty Insurance Industry. I spent a bit more time on Progressive than on most of the other company profiles. I have not followed Progressive in great detail in the past other ...